Jupiter Real Estate Market Conditions & Reports, Jupiter Market Trends, Florida

Market Commentary Provided by Joby Slay
If you can qualify, now is an exceptional time to buy a home in Jupiter. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 561-667-4171

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Joby Slay
Keller Williams Realty
Jupiter, Florida
561-667-4171
joby@harvestpointpartners.com
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Nearest Metro Area

West Palm Beach

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$350,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$1,000,000+

Compared to Last Year

Down 25-30%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Jupiter is

Increasing

Seller Activity for the past 90 days in Jupiter is

Increasing

Is Financing Available For Qualified Buyers in Jupiter?

Yes

Existing Home Prices for the past 90 days are

Increasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

20-25%

Housing Hot Spots

Jupiter Farms, Palm Beach Gardens, Abacoa, PGA National, Mirasol

Reason to Buy/Sell

New Industries

Average Sold Price

$350,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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