Jupiter Farms and the western communities offer some of the most inviting and spacious homesites in the county.What makes these so special versus other acre+ communities is that these properties are only 15-20 from the Jupiter Inlet and our famous beaches that stretch from several miles southward to Juno.
If you have been looking at homes in the Farms, there are plenty to choose from. According to the MLS, there are147 properties on the market. The median price is $ 479,500 but that figure is pushed higher by the mult-million dollar properties on the market.
If we drop the price under $ 1,000,000 we have 124 properties with a median list price of
$ 404,950 or $ 180 per square foot.
But, if you look at the 22 properties that have sold in the last 60 days you will see that homes go under contract around $ 155 per foot and end up selling for around $ 145 per foot. The median time on the market is over 160 days which you know from watching this blog is higher than Jupiter in general. Do you think pricing the home like this is a good strategy for selling?
You can prove statistically that you get the most money for your home by pricing it in the sweet spot of the market from the beginning, which is also where you get your most activity.
Got a question on selling you home? Post a comment below and let's talk.
Richard Sites
Realty Associates-FL Properties
www.CoastalFloridaRealEstate.net
