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Jupiter Florida Real Estate Market Conditions Report

By Frank Verna

Real Estate Broker/Owner with Frank Realty 602495

December 10, 2007 11:38 AM

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Subject: Jupiter Real Estate Market Conditions

Body: Jupiter Real Estate

We here at the Frank Verna, PA continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Jupiter real estate statistic from December 1st through December 9th. The following includes information for Jupiter and Jupiter Inlet Colony.

New homes on the market: 64
Total homes on the market: 465
Number of homes entering escrow: 11
Number of homes closing escrow (sold): 29
Number of homes expiring: 70
Avg Days on Market: 157

Statistics: 465 Listings

Include: All Properties Only Selected Properties

64 New Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	6	18,600	$7,995,000	$939	12
Low	1	1	681	$125,000	$27	1
Average	3	2	2,539	$799,969	$272	6
Median	3	2	1,895	$432,000	$211	6

143 Active Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	5	4,283	$23,000,000	$15,333	572
Low	1	1	719	$114,000	$100	13
Average	3	2	1,873	$630,099	$346	112
Median	3	2	1,783	$370,000	$215	63

88 Price Change Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	4,609	$2,795,000	$666	637
Low	1	1	596	$139,900	$100	7
Average	3	2	1,923	$463,238	$222	127
Median	3	2	1,687	$339,000	$188	103

19 Back On Market Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	4	3,839	$1,399,000	$422	798
Low	2	2	1,086	$139,900	$118	74
Average	3	2	1,824	$451,905	$234	317
Median	2	2	1,708	$415,000	$220	321

7 Contingency Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	3	2	1,889	$499,900	$394	239
Low	2	1	900	$159,000	$153	19
Average	3	2	1,407	$300,686	$215	97
Median	3	2	1,385	$297,900	$190	81

6 Temp Off Market Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	2	2,355	$769,000	$422	277
Low	1	1	740	$169,000	$162	55
Average	3	2	1,648	$384,250	$232	151
Median	3	2	1,637	$359,250	$202	133

11 Pending Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	4	4,343	$2,795,000	$771	744
Low	2	2	0	$119,900	$92	10
Average	3	2	1,814	$650,737	$284	191
Median	3	2	1,620	$372,900	$200	167

70 Expired Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	9,250	$8,500,000	$919	2,062
Low	1	1	545	$154,900	$131	7
Average	3	2	1,861	$563,488	$251	271
Median	3	2	1,533	$326,950	$207	204

2 Withdrawn Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	3	2,500	$549,900	$238	140
Low	3	2	1,996	$475,000	$220	99
Average	4	3	2,248	$512,450	$229	120
Median	4	3	2,248	$512,450	$229	120

26 Cancelled Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	6	7,410	$4,750,000	$7,997	326
Low	0	1	35	$203,000	$135	27
Average	3	3	2,310	$846,331	$583	148
Median	3	2	1,898	$394,500	$238	137

29 Sold Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	4	4,006	$2,750,000	$837	$2,450,000	$802	100%	322
Low	2	1	962	$139,900	$109	$127,000	$99	73%	29
Average	3	3	2,165	$665,003	$273	$601,173	$248	93%	157
Median	3	2	1,804	$375,000	$187	$375,000	$173	92%	123

465 Total Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	6	18,600	$23,000,000	$15,333	$2,450,000	$802	100%	2,062
Low	0	1	0	$114,000	$27	$127,000	$99	73%	1
Average	3	2	2,003	$610,711	$297	$601,173	$248	93%	140
Median	3	2	1,708	$349,900	$206	$375,000	$173	92%	101

Search Criteria
Status	NEW , PND , EXP , WTH , CAN , SLD , ACT , PCH , BOM , CTG , TMP
City	Jupiter
Status Change Date	between 12/1/2007 - 12/9/2007

For a FREE Quick Over the Net Home Evaluation of your Jupiter home or condo, please visit:
FREEQuickHomeValue.com for a no cost, obligation, no presuure response.

If you need to sell quickly, learn how to Sell Your Jupiter Home in 69 Days or Less Guaranteed! If I don't sell your home in 69 days, at a price agreeable to you, I'll pay your mortgage payments until it sells.

If you would like a free list of homes for sale in Jupiter and would like more information about the Town of Jupiter or would like to be the first to know about hot new listings before other buyers do, then give me a call at:

Frank Verna
Frank Verna, PA
561-283-9969
http://www.frankverna.com/
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