Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579
It has been a long time since we have seen any signs of median condo prices rising in the Northern Palm Beaches. All the way back to June 15th of last year. Since then it had been all downhill but the hill was not steep as median prices over that 7 month period were only down about 8%. During the...
We are in the middle of “season”. It’s when people from all over the world come for our weather, our beaches, our golf courses, our restaurants, our shopping, our amazing quality of life. There are so many variables that determine how many homes they buy while here and one extremely important met...
Yesterday an article by Palm Beach Post Staff Writer Barbara Marshall grabbed my eye and a piece of my heart. We have been somewhat involved in recent discussions about the development of Love Street here in Jupiter and this one hit home. Some absolutely great free advertising for owners of the f...
The months roll on by and as we hit February 1st it’s time to bring you accurate real estate numbers for the Northern Palm Beaches once again. Over the past month things have changed, as we now have one of the prime “seasonal” months under our belt. Pending home sales bring us good news today as ...
We have been telling you it was coming.Even though we still have five days left in the month of January we couldn’t hold back any longer with this kind of news. Median single family home prices in, and around, Jupiter have made a huge move to start the year. As of today, that median price for a s...
At Paradise Sharks we love numbers. We track real estate data every day to keep our finger on the pulse of the market. The same numbers that caused us in 2005 to tell anyone who would listen we were heading for a fall. Numbers tell a story so if you care about real estate values like we do, you p...
Interplay of supply and demand is looking most interesting There is no doubt we are entering what historically are the most active weeks of the home buying season. The weeks when home buyers are putting ink on paper and agreeing to buy homes. Last year pending home sales during the month of Janua...
7 months since last increaseMedian condo prices in the Jupiter area continue to underperform their single family home cousins. Over the last 30 days condo prices remain unchanged and over 200 days have passed since we have seen an increase of any kind. When comparing today’s prices to year ago nu...
9 months since last increase Welcome to 2016 and Paradise Sharks very first market update of the new year. We keep sitting, wishing and waiting on the buyers to return to the local real estate market. We are in the midst of the largest seasonal crowd to hit our shores in history but so far they h...
Second straight monthly increase after 4 consecutive down months If nothing else, the real estate market here in the Northern Palm Beaches keeps one on their toes. We still have a few days before we call 2015 a done deal and set our sights on the new year. Pending home sales have been poor at bes...

Tom Priester

Paradise Sharks
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