Six month run of higher Jupiter condo prices ends as predicted
We have been telling you to expect a pullback in median Jupiter condo prices and it has finally happened. And the fall is probably going to continue for at least a couple more months but we still are expecting prices to move higher during the 2014-2105 season. There is no doubt that the lack of choices for buyers is affecting sales. After all inventory has been falling like a heavy summer rain. The good news is that appears to have stabilized with a slight increase in buyer options as of October 15th.
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