Jupiter FL Real Estate: Fewer Homes for Sale; Prices Have Stabilized
October 13, 2009, Jupiter FL - Palm Beach County's supply of homes for sale continues to decrease and sales prices have generally stabilized as indicated by statistics from the Regional MLS for the periods May 2009 through August 2009. For those who are thinking about buying Jupiter Florida real estate, this is the time. From these figures, it appears that the Jupiter Florida real estate market area has hit bottom.
Palm Beach County
May 2009
Single Family Detached
Condo/Coop/ & Townhouses
#of Units Sold May 2009
765
721
Median Sold Price May 09
$228.000
$105.000
Median SP-to-LP
57.7%
63.6%
Median Sold DOM
131
124
Total # of Units PND+CTG
3.165
2,385
Total # Active Units
11.070
13.310
Median Active List Price
$395.000
$165,000
Median Active DOM
147
148
12 mo. Absorption Rate
690.8
603.6
#of Months Supply
16.0
22.1
Palm Beach County
June 2009
Single Family Detached
Condo/Coop/& Townhouses
# of Units Sold June 2009
607
805
Median Sold Price June 09
$243,000
$110,000
Median SP-to-LP
60.9%
68.8%
Median Sold DOM
134
143
Total # of Units PND+CTG
3.331
2.498
Total # Active Units
9.800
12.526
Median Active List Price
$399,000
$160.000
Median Active DOM
185
164
12 mo. Absorption Rate
701.6
618.5
# of Months Supply
14.1
20.2
Palm Beach County
July 2009
Single Family Detached
Condo/Coop/& Townhouses
# of Units S old July 2009.
911
7 36
Median Sold Price July 09
$238.000
$106,000
Median SP-to-LP
59.6%
663%
Median Sold DOM
146
134
Total #of Units PND+CTG
3,394
2,630
Total # Active Units
9.7:4
12.224
Median Active List Price
S399.CC0
SI 60.000
Median Active DOM
162
163
12 mo. Absorption Rate
718.4
638.3
# of Months Supply
13.5
10 1
Palm Beach County
August 2009
Single Family
Detached
Condo/Coop/ & Townhouses
# of Units Sold Aug 2009
801
708
Median Sold Price Aug 09
$242,000
$110.000
Median SP-to-LP
60.8%
69.2%
Median Sold DOM
132
130
Total # of Units PND+CTG
3,531
2,539
Total # Active Units
9.770
12.070
Median Active List Price
$398,030
$159,000
Median Active DOM
152
161
12 mo. Absorption Rate
735.3
656.7
# of Months Supply
13.3
18.4
Charts courtesy of Regional MLS. Information is not guaranteed-it is from data reported by Realtors® to the Regional MLS.
If you have any questions or wish to have more information about Jupiter Florida real estate or Jupiter Florida homes for sale, please call me at 561-632-7373 or contact me using the form below.
Last Updated ( Tuesday, 13 October 2009 )
Jupiter FL Real Estate Sales Information August 2009
Jupiter Florida Real Estate:Sales of Single Family Homes:
Aug. 1 to Aug. 31, 2009
zip code
# sold
Average Sales Price
Median Sales Price
33458
34
$395,702
$333,850
33477
8
$776,438
$575,000
33469
19
$343,326
$275,000
Jupiter Florida Real Estate: Sales of Condos & Townhomes: Aug. 1 to Aug. 31, 2009
zip code
# sold
Average Sales Price
Median Sales Price
33458
23
$175,927
$184,500
33477
20
$292,375
$275,000
33469
2
$125,000
$125,000
If you have any Jupiter FL real estate questions, please call me at 561-632-7373, email me at Mary@MaryHester.com or use the form below to contact me.
Last Updated ( Thursday, 03 September 2009 )
Hurricane Checklist: Before and After a Storm Strikes
Whether you own or rent property in the Jupiter Florida real estate market, the Tequesta real estate area or other communities in Northern Palm Beach County, you need to know what to do in the event a hurricane is predicted. This comprehensive list was prepared by the Town of Jupiter. Please read this over even if you are a long-time Florida resident. Resources and sources of supplies and gasoline can change. We all want to protect our families and our Jupiter FL real estate -- this information can help you protect yourself, your family and your property.
Jupiter Florida Real Estate: Jupiter FL homes for sale and sold during May 13-June 13, 2009
June 14, 2009, Jupiter FL - During the last 30 days Jupiter Florida homes generally sold for about 91% to 92% of asking (list) price. There were 109 sales; 15 of which were short sales.Short sales generally sold for 92% to 96% of asking price.In the Jupiter Florida real estate area the average sales price of all single family homes, condos and town homes combined was almost $369,000.The highest sale was for $4.1 million and the lowest was for $65,000. Statistical information on short sales is found on the "read more" pages of this article.
However the differences in the prices of Jupiter FL homes sold in the zip code sectors varied as shown in the tables farther down in this article (click on "read more" below).
Jupiter Zip code 33477 is mostly within walking distance to the ocean and has proportionally more condos than the other two areas.On average the homes sold in zip 33477 went for almost $267 a sq. ft.
Zip code 33458 is about 3 miles inland and includes the large neo-traditional planned community of Abacoa.Homes in zip 33458 are of a wide variety of new and old, single family and multi-family living situations; they on average for about$138 a sq. ft.
Zip code 33469 encompasses parts of Jupiter and Tequesta; it has many luxury waterfront homes, more age restricted communities than the others and also includes some of the older residential single family and condo neighborhoods. The average sales price per sq. ft. during the last 30 days in zip code 33469 was $220.
What contingencies should be put in an offer to purchase Jupiter Florida real estate?
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Most offers to purchase Jupiter FL homes for sale include two standard contingencies: a financing contingency, which makes the sale dependent on the buyers' ability to obtain a loan commitment from a lender, and an inspection contingency, which allows buyers to have professionals inspect the property to their satisfaction.
A buyer could forfeit his or her deposit under certain circumstances, such as backing out of the deal for a reason not stipulated in the contract.
Zip code 33458 is about 3 miles inland and includes the large neo-traditional planned community of Abacoa.
