Jupiter Report February 28, 2011
This week we had 82 homes close, up from 50 last week. Last week I said we should see a record number of homes sell and homes sales were up 60% from the week before and the highest number of homes in the past year that I have seen close.
Of the 82 homes that sold 42 were cash buyers. The number of homes for sale is at the lowest level( 2594) since I began tracking them back in June of 2009 when we had 3082 homes for sale. This is a 15% drop in inventory levels since that time. Another sign of a good housing market here in Jupiter.
This chart came from the Palm Beach Post this week
I added another Sea Brook townhome today as a great deal. The townhome listed above is a short sale and completely remodeled. Both places in Sea Brook are walk to the beach and ready to move in.
View Remodeled Sea Brook
Just reduced and a great property. Large 1600+ sq. ft townhome. Gated community. Walking path to beach. Newer roofs and just painted outside. Unit is beautifully done inside with granite and SS appliances. SE exposure and large covered patio. Just reduced $15,000 to $235,000. Owner wants it sold.
Several properties that I have shown and are unique all went under contract last week. Two Ocean Royale corner units asking $1.4 million both went under contract this week. A third penthouse unit in Ocean Royale also went under contract. Three 1.2 million plus units in one week, under contract. Doesn’t sound like a bad market to me.
Well another NE corner in Ocean Royale asking 1 million plus went under contract this week. 4 – million dollar plus condos under contract in Ocean Royale in the past two weeks.
View Ocean Royale Units
In the new listings this week, take a look at the following:
Estuary with loft 2604 N . Fairway
Bluffs home – 128 Dunes Edge . Lake view with pool
Bluffs Ocean Condo 601 S Seas Dr # 306
Sea Brook – 231 Seabreeze Cir
All are great beach properties and deserve a close look.
Golfers
Looking for a great golf community without the enormous fees you see in places like Admirals Cove, Frenchmens Creek or some of the other golf communities. Take a look at Hobe Sound Golf Club. A pure golfing community.
If you would like to see some homes in the community please click below:
This week I added a new rental for next season. The Estuary below is a nice beachside community. Take a look and check out the community online on my website.
Rentals- Bluffs Ocean South furnished – ocean views seasonal or annual. 2 bedroom 2 bath. Off season short term. $1,800 furnished. Seasonal – $3,800 per month.
The Estuary – 2 bedroom 2 bath with loft overlooking the par 3 golf course. Single car garage, community pool. Walk to beach. Gated community. Fully furnished for next season. 3 month rental at $3,600 per month. Available off season too.
Sea Brook – 2 Bedroom 2.5 bath. Walk to beach. Gated community. Large patio. Great beach community. Available July 1.
$1,400 per month annual lease.
Click below to View Trendgrahix
Top Ten Report
This week I added a few properties to my 10 best. Seaview a beautiful townhome in Juno Beach. Walk to beach, remodeled and asking $359,000.
I also added the Sea Brook short sale that was all remodeled. Check them out.
Jupiter Yacht Club Pointe building #506 is still available. It is well priced and has incredible views. Watch the boats go by on the Intracoastal. My favorite for the week.
#503 went under contract this week.
Oceanfront condos , the Bluffs South is a great unit. Reduced to $359,000 this week. – Under Contract. The Surf ground floor corner unit is another favorite. Feels like you are sitting on the beach.
Surf #406 reduced to $365,000. Incredible direct ocean views. New hurricane windows and sliders.
Looking for a beach home? Checkout Ocean Walk, just reduced to $590,000. Large D model, shows great and priced well. Best Priced beach home!
