Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579
So far this year nothing has been able to hold back the rise in median condo prices in Jupiter and the neighboring communities. As of June 15th, the median price of a condominium in the Northern Palm Beaches is up for the 5th straight month to $216,500. We have to go way back to 2007 to see highe...
Paradise Sharks has been telling you summer vacation was coming to the real estate market in Tequesta and the surrounding communities that encompass the Northern Palm Beaches. Expect a summer slowdown in both real estate sales and new listings as there is little doubt as to what is heading our wa...
It was bound to happen and it’s actually very healthy for the overall market. For the first time in about 5 years we can finally tell you that the median single family home price in the Jupiter area has not moved higher from where they were a year ago. As of June 1st, the median sales price of a ...
So far 2016 has been a far cry from robust when it comes to real estate sales. Perhaps we are a bit spoiled as last year topped the record books for the total number of real estate sates in the Northern Palm Beaches. So expectations were high. Interest rates were low. On January 1st it was lookin...
The question is as old as the real estate business itself and the answer should always be; it’s negotiable. Real estate is a business and the cost of real estate services cannot be set in stone. It’s against the law. What a seller really needs to ask is, who is going to be best able to help me me...
Median condo prices in the Northern Palm Beaches continue to climb and are back up to nine year highs of $210,000. Sales over the past 30 days have slowed compared to both the previous month and year ago numbers but prices so far are going the other way. Unbelievably, today’s median Jupiter condo...
Two weeks into May and we can see the strength we saw from home buyers in the Jupiter area during April has slowed. Through May 1st we have had 1,775 resale properties successfully close in the Northern Palm Beaches. When you compare that to last years volume of 1,985 you can see we have a long w...
Paradise Sharks is very pleased to announce the successful closing of unit #106 in The Pointe at Jupiter Yacht Club. Paradise Sharks represented both the seller and buyer on this transaction that closed yesterday. The northernmost tower in the development, residents of The Pointe enjoy unobstruct...
The median sales price of a single family home in the Northern Palm Beaches continues on a see-saw pattern for the 4th straight month. The trend still remains in the favor of higher prices but no doubt this consolidation pattern bears watching; closely. Paradise Sharks sees signs that next month ...
It wasn’t supposed to happen. At least if we look at recent history it wasn’t. April is typically a month to hold our own, tread water, when it comes to writing new real estate contracts. But not this year, as pending home sales in the Northern Palm Beaches took off like a rocket ship during the ...

Tom Priester

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