Tom Priester's Blog
16
Sep

Homes for sale in Jupiter becoming harder and harder to find

It was a huge sigh of relief we all felt during the late evening of Sunday, September 10th. Irma had finally passed through and the damage locally was insignificant compared to those souls on islands in the Caribbean that faced the Category 5 fury of one of the worst storms ever.

Blog Photo FINAL

Thankfully, at the offices of Paradise Sharks, we only lost power for about 2 1/2 days and after a little clean up we were back at the business of real estate early Wednesday morning. Our listings are getting showings and just yesterday we had three offers come into the office. It feels good to be back doing what we love.

Still much clean up to do, but the fact we did not have more significant damage to homes locally is very, very good news. Finding homes for sale in Jupiter, and the surrounding communities, is hard enough and we did not need any outside forces making it a more difficult task.

As of today, the number of homes for sale in Jupiter is down for the 7th straight month and the decline has been a most significant drop of almost 25%. Buyers have little to choose from and this lack of inventory is a significant factor that has helped push median home prices higher and higher. Ask anyone who has been shopping for a home and there is frankly a lot of poorly conditioned, over priced options and very little that screams “BUY ME”. When a good property hits the market in most price ranges and neighbirhoods it attracts a lot of attention and typically strong offers within days, if not hours.

It’s the time of the year we historically start to see inventory levels rise. This year we really, really, really need that to happen and Paradise Sharks wants to help in any way we can. In order to help people make the decision to sell we are offering special commissions for anyone who decides to list their Northern Palm Beaches home with our brokerage between now and October 31st. Our maximum commission between now and then has been reduced from 5% to 4.5%. We always encourage everyone to interview at least three real estate brokers before doing anything and that is still true. Just know we would love to be considered to team with you on the marketing of your home and for the next six weeks you can save some real money by getting your home on the market with us when homes for sale in Jupiter as so badly needed. But keep in mind this offer isn’t just for Jupiter homes, but also those in North Palm Beach, Palm Beach Gardens, Juno Beach, Jupiter Inlet Colony, Tequesta, Jupiter Island and Hobe Sound.

Not only has the number of homes for sale in Jupiter dropped significantly, but because of the lack of good opportunities sales have been suffering. Pending home sales as of September 15th are down for the 5th straight month. Some of this is seasonal but pending home sales last year at this time were up 18% from where we stand today. Go back to 2015 and they were 23% higher. We badly need new homes for sale in Jupiter and the surrounding communities and Paradise Sharks is looking to help with our commission special. You can contact us anytime for a complimentary consultation at tom@paradisesharks.com or 561.308.0175.

 

Fins up for better options for home buyers……….

 

 

#homesforsaleinjupiter



Tom Priester
Direct Line: 561.308.0175
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Paradise Sharks Real Estate
346 Country Club Dr
Tequesta, FL 33469
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