Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579
 Sales numbers fall for 3rd straight month We knew the real estate market here in the Northern Palm Beaches was going to be interesting this summer. It turns out that median condo prices in the area are fighting. They are fighting inventory levels that continue to drop. In their corner are sales....
 Jupiter area pending home sales drop for the 3rd straight month We have been telling you demand would soften over the summer and that is no surprise. As of July 15th, pending home sales dropped for the 3rd straight month. Down about 2% over the past 15 days, down about 8% over the past 30 days a...
 Median single family home price increases for the 5th straight month With Shark Week kicking off there are so many things we are looking forward to. But no doubt doing our monthly update of the median sales price for a single family home in Palm Beach Gardens and the neighboring communities is a...
 If you are a potential home buyer in the Northern Palm Beaches, you know what we are talking about. There just isn’t much out there and when a good new opportunity presents itself you better act fast. Much of what is out there is priced “ahead of the market” and with prices moving higher and hig...
Limited supply helps boost prices Condo prices in Jupiter and the surrounding communities moved higher for the 4th straight month to levels we have not seen since 2007. As of June 15th, the median price of a condominium in the Northern Palm Beaches has moved up to $210,000, a 30 day jump of 5%. T...
More signs that the number of homes for sale is stabilizing Frustrated home buyers in the Northern Palm Beaches have not had much to cheer about lately. The inventory for them to choose from has dropped about 15% in a few short months. Interest rates have moved pretty much straight up over the pa...
There is a difference especially when it comes to your bank account When it comes to real estate, knowing the numbers is more than a little important. Back in 2005-2006 the numbers were looking more than a little crazy. We told anyone who would listen that it was a great time to sell. We sold our...
Median home price sets new 8 year high Let’s face it, the real estate market here in the Northern Palm Beaches has been fantastic. A few days from officially kicking off summer the action is good. No make that great. Compared to last year, median single family home prices are up 8%. Sales for the...
It’s going to be a very interesting summer here in paradise As of today, home inventory levels in Jupiter and the surrounding towns that make up the Northern Palm Beaches, are down about 1.5% from where we stood 30 days ago. Down for the 4th straight month to the lowest levels we have seen since ...
Three new listings this week will help It was about a week ago we had clients in town and as we discussed their needs one neighborhood we wanted to at least explore was the single family Bluffs Jupiter homes located beachside. We keep talking about the lack of inventory and when I sent them the o...

Tom Priester

Paradise Sharks
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