jupiter golf course home: The Incredible Shrinking Jupiter Home Inventory
- 05/31/11 10:47 PM
The smiles continue to shine around the offices of Keller Williams Realty in Jupiter as the local real estate market continues to thrive and recover. As we report on the first of every month we continue to watch inventory levels to see just how strong this recovery is. As we head into summer and put the spring buying season in the rear view mirror let’s see what has happened to inventory levels over the past month. This month in Jupiter inventory levels have once again moved in a positive direction and with another significant drop and another new annual low. The inventory … (1 comments)
jupiter golf course home: Dramatic Decrease in Jupiter Home Inventory Levels
- 04/02/11 08:35 PM
Last month at this time we reported decreases in the inventory levels in most of the northern Palm Beach County market areas. As the real estate market continues to recover it is important that we start to see these declines continue. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell and therefore skew the … (0 comments)
jupiter golf course home: Jupiter Florida Pending Home Sales Up for 4th Month in a Row to Another New Record High
- 03/15/11 06:39 PM
Last month at this time I was so pleased to report how every one of my main market areas in north Palm Beach County reported increases in pending home sales which shows a local real estate market that continues to recover quite nicely. I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important … (0 comments)
jupiter golf course home: Another Fantastic Month for Jupiter Single Family Home Sales
- 03/07/11 02:07 AM
Jupiter single family homes sales post another strong showing in February. February home sales in Jupiter were respectable in number with another strong showing in the sales of luxury homes keeping up close to 12 month highs for median prices. During January our local MLS system shows a total of 53 successful closings as of this mornings’ update. That compares with 54 sales in December and once again within the range we have been seeing over the past 7 months While sales last month were steady they were also across all price categories with another very nice showing in the $1,000,000 … (0 comments)
Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for each of the communities where I am most active on at least a monthly basis as it gives me a heads up on what the future might bring for my clients.
When a bilateral contract is entered into there are typically contingencies, historically mainly for home inspections and financing, but in today’s world more often that not they are short sales waiting for third party, or … (0 comments)
Welcome to our first sales report of 2011 and what a way to start off the new year. Interest rates were down the first week of the year and now I have the pleasure to report that December single family home sale in Jupiter jumped over 8% from November levels. It also was our highest sales month since September and a sign that things are moving in the right direction. During December our local MLS system shows a total of 63 successful closings as of this mornings’ update. That … (0 comments)
Welcome to the New Year of 2011. It should be an another amazing year for the local real estate markets and we look forward to bringing you the latest market statistics. Following the inventory levels is extremely important as it is the “supply” end of the equation that tells us where prices may be heading. As the supply of homes decreases and demand stays even we will see pricing increases. Tune in next week to see where prices have gone over the past year and you might be surprised.
The Jupiter Net Inventory Index decreased during … (0 comments)
The smiles continue to shine around the offices of Keller Williams Realty in Jupiter as the local real estate market continues to thrive and recover. As we report on the first of every month we continue to watch inventory levels to see just how strong this recovery is. As we head into summer and put the spring buying season in the rear view mirror let’s see what has happened to inventory levels over the past month. This month in Jupiter inventory levels have once again moved in a positive direction and with another significant drop and another new annual low. The inventory … (1 comments)
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