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Jupiter FL Real Estate: Fewer Homes for Sale; Prices Have Stabilized |
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October 13, 2009, Jupiter FL - Palm Beach County's supply of homes for sale continues to decrease and sales prices have generally stabilized as indicated by statistics from the Regional MLS for the periods May 2009 through August 2009. For those who are thinking about buying Jupiter Florida real estate, this is the time. From these figures, it appears that the Jupiter Florida real estate market area has hit bottom.
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Palm Beach County
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May 2009
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Single Family Detached
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Condo/Coop/ & Townhouses
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# of Units Sold May 2009
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765
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721
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Median Sold Price May 09
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$228.000
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$105.000
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Median SP-to-LP
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57.7%
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63.6%
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Median Sold DOM
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131
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124
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Total # of Units PND+CTG
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3.165
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2,385
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Total # Active Units
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11.070
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13.310
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Median Active List Price
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$395.000
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$165,000
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Median Active DOM
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147
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148
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12 mo. Absorption Rate
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690.8
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603.6
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# of Months Supply
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16.0
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22.1
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Palm Beach County
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June 2009
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Single Family Detached
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Condo/Coop/ & Townhouses
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# of Units Sold June 2009
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607
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805
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Median Sold Price June 09
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$243,000
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$110,000
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Median SP-to-LP
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60.9%
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68.8%
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Median Sold DOM
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134
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143
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Total # of Units PND+CTG
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3.331
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2.498
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Total # Active Units
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9.800
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12.526
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Median Active List Price
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$399,000
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$160.000
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Median Active DOM
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185
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164
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12 mo. Absorption Rate
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701.6
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618.5
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# of Months Supply
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14.1
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20.2
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Palm Beach County
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July 2009
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Single Family Detached
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Condo/Coop/& Townhouses
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# of Units S old July 2009.
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911
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7 36
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Median Sold Price July 09
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$238.000
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$106,000
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Median SP-to-LP
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59.6%
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663%
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Median Sold DOM
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146
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134
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Total # of Units PND+CTG
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3,394
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2,630
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Total # Active Units
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9.7:4
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12.224
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Median Active List Price
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S399.CC0
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SI 60.000
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Median Active DOM
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162
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163
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12 mo. Absorption Rate
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718.4
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638.3
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# of Months Supply
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13.5
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10 1
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Palm Beach County
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August 2009
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Single Family
Detached
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Condo/Coop/ & Townhouses
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# of Units Sold Aug 2009
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801
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708
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Median Sold Price Aug 09
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$242,000
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$110.000
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Median SP-to-LP
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60.8%
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69.2%
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Median Sold DOM
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132
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130
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Total # of Units PND+CTG
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3,531
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2,539
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Total # Active Units
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9.770
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12.070
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Median Active List Price
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$398,030
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$159,000
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Median Active DOM
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152
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161
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12 mo. Absorption Rate
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735.3
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656.7
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# of Months Supply
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13.3
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18.4
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Charts courtesy of Regional MLS. Information is not guaranteed-it is from data reported by Realtors® to the Regional MLS.
If you have any questions or wish to have more information about Jupiter Florida real estate or Jupiter Florida homes for sale, please call me at 561-632-7373 or contact me using the form below.
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Last Updated ( Tuesday, 13 October 2009 )
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