Nice Jump Reported in Jupiter Pending Home Sales

Real Estate Broker/Owner with Paradise Sharks BK3087579



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 bank, approval. Once these contingencies are lifted the change should be properly recorded into the MLS system as “pending”. History  shows us that the large majority of pending listings will ultimately close, usually within the next two months. The volume of both contingent and pending listings is a good leading indicator of what we can expect in closed sales of Jupiter homes in the weeks ahead.


Over the past 30 days in Jupiter we have seen a nice increase in pending home sales with 89 on January 15th up from the 82 we had on December 15th. These numbers point to an increase in closed transactions over the next 30 to 60 days in Jupiter. With the season upon us and incredible opportunities in every neighborhood we should be seeing nice increases in both pending listings and sales in the coming months .


A professional real estate agent watches the market trends very closely as the data is very important to our clients, whether they are buying or selling, to paint a picture of where the market may be heading. If you would like any additional information on a specific home, neighborhood, or community please feel free to contact me. I am easily reached at 561 308-0175 or via e-mail at and would be happy to be of assistance. After just one call you will know why "Results Driven Real Estate" is your top choice for professional real estate services in Jupiter and the surrounding areas.



Always at Your Service,



Tom Priester   e-PRO

"Results Driven Real Estate"


Keller Williams Realty

561 308-0175


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Home Buying
Florida Palm Beach County Jupiter
All Things Florida
jupiter realtor
jupiter custom homes
jupiter home prices
jupiter golf course home
jupiter foreclosure

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Tom Priester

Paradise Sharks
Ask me a question
Spam prevention