Over the past month that median price on a Jupiter single family home was up 2.8% and for the first time since 2006 was above $450,000. At this moment we sit at a brand new 11 year high of $451,000. One year ago today that median price was $420,000. We are up 7.4%.
Prices have been pushed higher by strong seasonal home buying and inventory that is not of the highest quality. Anyone out shopping for a home can tell you the pickings are slim. And prices are being pushed skyward.
What happens from here depends on so many factors. If you are even contemplating buying, or selling, in today’s real estate market your best bet is to be armed with information. Interview at least three real estate brokers and decide you are going to trust with a very important financial decision. Paradise Sharks is always honored to be invited to an interview. You can reach us anytime at firstname.lastname@example.org or 561.308.0175.