Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579



Lowest monthly sales total in years   Let’s get the bad news right on the table. Condominium sales in the Northern Palm Beaches as of January 15th put in the worst monthly performance we have seen in a very long time. Down 25% over the past 30 days. Down 26.5% from the 12 month moving average. Do...
Median sales price down slightly for the 1st time since October   While single family home prices have shown some rather dramatic swings over the past few months, it has been steady as she goes for condominium prices in the Northern Palm Beaches. The median price of a condominium in the Jupiter a...
Homes under contract in Jupiter remain at the lowest levels we have seen in years   A couple weeks ago we told you the Northern Palm Beaches real estate market was acting a bit schizophrenic and that remains the case. Median prices for single family homes in the area were up sharply in December a...
  3rd straight monthly increase is good news for buyers     Those who follow our weekly reports know that single family home prices in Jupiter and the entire Northern Palm Beaches region showed solid gains in December. With weak pending home sales numbers buyers, so far this season, have decided ...
  We have come a long ways baby.....   As we look forward to another exciting year for real estate here in the Northern Palm Beaches it is time to take a look back and see just how good 2014 was. And it was indeed another very good year. We ended the year with the lowest pending home sales number...
December numbers come in strong   Up until yesterday there was little good news to shout about when it came to the real estate market in the Northern Palm Beaches. Sure condo sales, and prices, had done better than single family homes, but 2014 was kind of a ho-hum year. With 2015 here there seem...
  Largest 30 day upward move in 21 months   Let’s face it, the weather here in south Florida has been amazing so far this winter. If we have anything to complain about it has maybe been too warm. The snowbird crowds have been intense with more people in town that we have ever seen before. But so ...
 Jupiter home inventory drops for the 1st time since October   We keep looking for some good news when it comes to real estate in the Northern Palm Beaches. Sales have hardly been robust, median single family home prices are down about 9% since July and the streets, restaurants, beaches and bars ...
  Seasonal visitors have not yet provided boost to the local real estate market   We told you this season was going to be big. Really big. If you have tried to find parking at the beach, a table at your favorite restaurant or anything at Jupiter’s new Harborside Place you know exactly what I mean...


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