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Jupiter Condo Prices Soar.....Up 58.7% Since 2011
Median Northern Palm Beaches condo prices up 5.8% in just one month
 
 
It isn’t a surprise that the median Jupiter condo price moved higher for the second month in a row. Sales in the area have jumped 65% since January while available inventory has declined. We expect prices to move higher and frankly have been a bit surprised they haven’t moved higher. Well, as of April 15th they have. In a big way.
 
 
Over the past 30 days, median Jupiter condo prices, and those in the neighboring communities, have soared. Up an amazing 5.8% in one month. Now these are the numbers we have been telling you were coming. Big, huge, historic one month numbers and once again it is up, up, up across the board. Up an amazing 5.8% in one month, up 5.1% above the 12 month moving average and get this.....up 16.3% from a year ago.
 
Jupiter condo prices are back up to the highest levels we have seen in 7 years. We are up 58.7% from the lows we experienced back in 2011 and we are heading higher....at least for another month. It was six weeks ago when we told you to bet the farm that single family home prices were ... more

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