Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579
Single family homes sales in Jupiter tell the story Here at Paradise Sharks our mission is simple. To raise the bar on the quality and value of real estate services available to anyone buying or selling real estate in areas we serve. We strive to raise the bar every day. We want professional phot...
Is this the spark we have been waiting for Lets face it, after watching pending home sales in the Northern Palm Beaches fall month after month, after month, after month we need a shift. Twice each month Paradise Sharks brings you detailed updates on pending home sales and for 14 straight reports ...
Jupiter Yacht Club unit goes under contract in 3 days The top end of the Jupiter real estate market continues to strengthen as the 2015-2016 season starts kicking into high gear. A unit in the Commodore building at the Jupiter Yacht Club hit the market on Wednesday at what seemed to be a lofty pr...
Last nights’ e-mail was a bit frightening  Last night I was winding down and decided to check my e-mail one last time. It was 10:00 and one e-mail I found was from an agent I had contacted about 4 hours earlier. It was a response to a simple inquiry about how his clients’ perceived our listing th...
Inventory levels up to 6 month highs Anyone looking to buy or sell real estate in and around the Jupiter area more than likely have a question about just what is going on. Some segments are doing very well with the best waterfront opportunities selling at record prices. We are seeing brand new re...
List price exceeds 12 month record sales price by $240,000If you read our weekly market updates you know the current real estate market is interesting with some segments performing better than others. Median prices for single family homes have finally started to stabilize and have signaled they m...
Market poised for boost from seasonal visitors The last time we saw the median condo price increase in the Jupiter/Palm Beach Gardens area was way back in June. Sales have actually been quite strong when compared to the single family market but well priced inventory in good shape is hard to find....
Are there brighter days ahead I have come to trust the numbers when it comes to real estate because they tell a story. They told me a story in 2005 when I told anyone who would listen to sell. They told me a story in 2011 when I told anyone who would listen to buy. I hate the fact that homes have...
 Median home price dips below $400,000 for the 1st time since April  Over the past 30 days the median single family home price in the Jupiter area has dipped 1.25% which isn’t a huge drop. But added to the 3 other straight declines we have seen since July 1st, prices have fallen back a total of 8...
Jupiter area pending home sales drop for the 7th straight month  The real estate market here in the Northern Palm Beaches needs a jolt of energy. Pending home sales continue to decline and the median sales prices of both single family homes and condominiums have been moving lower. We expected slo...

Tom Priester

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