Market Report_Jupiter/Palm Beach Gardens

Page 1

Q1-2020

Report

Jupiter and Palm Beach Gardens Sales

Jupiter Single Family Matrix

Q1-2020

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

Average Sales Price

$892,067

20.1%

$742,616

9.1%

$817,951

Average Price Per Sq Ft

Jupiter Single Family Dashboard YEAR-OVER-YEAR

+ 4.7%

Prices Median Sales Price

+ 8.6%

Sales Closed Sales

+ 1.7%

Negotiability

Listing Discount

+ 1

day

Marketing Time Days on Market

Jupiter Condo Dashboard YEAR-OVER-YEAR

+ 3.3%

Prices Median Sales Price

- 6.6%

Sales Closed Sales

- 0.9%

Negotiability

Listing Discount

- 11

days

Marketing Time Days on Market

$345

13.1%

$305

6.8%

$323

$555,000

5.3%

$527,000

4.7%

$530,000

265

14.2%

232

8.6%

244

Days on Market (From Last List Date)

72

7.5%

67

1.4%

Listing Discount (From Last List Price)

7.1%

Median Sales Price Number of Sales (Closed)

Listing Inventory (Active) Months of Supply

481

-12.8%

4.7

-30.5%

5.9

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

Average Sales Price

$392,781

7.3%

$366,044

5.8%

$371,229

$259

5.7%

$245

3.6%

$250

$315,000

1.6%

$310,000

3.3%

$305,000 227

Average Price Per Sq Ft Median Sales Price Number of Sales (Closed)

212

7.1%

198

-6.6%

Days on Market (From Last List Date)

54

-5.3%

57

-16.9%

Listing Discount (From Last List Price)

4.4%

Listing Inventory (Active) Months of Supply Jupiter Luxury Single Family Matrix Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales (Closed) Jupiter Luxury Condo Matrix Average Sales Price Average Price Per Sq Ft

5.2%

65 5.3%

290

6.6%

272

-11.6%

4.1

0.0%

4.1

-4.7%

328 4.3

Q1-2020

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

$3,796,600

66.8%

$2,276,538

27.8%

$2,970,468

$666

22.0%

$546

9.2%

$610

$2,600,000

61.7%

$1,607,500

8.5%

$2,397,000

27

3.8%

26

8.0%

25

Q1-2020

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

$1,110,932

14.2%

$972,925

6.4%

$1,043,783

$452

3.2%

$438

2.7%

$440

$915,000

-6.4%

$977,250

-5.4%

$967,500

22

10.0%

20

-4.3%

23

Juno Beach Single Family & Condo Matrix

Q1-2020

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

Average Sales Price

$698,867

38.1%

$505,964

13.9%

$613,339

Median Sales Price Number of Sales (Closed)

Average Price Per Sq Ft Median Sales Price

$372

31.4%

$283

11.4%

$334

$565,000

29.1%

$437,500

23.6%

$457,000

30

7.1%

28

-3.2%

31

Tequesta Single Family & Condo Matrix

Q1-2020

%Δ (QTR)

Q4-2019

%Δ (YR)

Q1-2019

$538,960

18.0%

$456,915

-32.4%

$797,161

Number of Sales (Closed)

Condo sales declined as price trend indicators press higher from year-ago levels

Median Sales Price

Tequesta sales surged as all price trend indicators declined annually

-24.3%

4.1

Average Sales Price

361

Q1-2020

Single-family price trend indicators and sales showed substantial annual gains

Juno Beach price trend indicators rose sharply as sales continued to slip year over year

0.8%

71 5.4%

Jupiter Condo Matrix

364

5.3%

Average Price Per Sq Ft Number of Sales (Closed)

$289

11.6%

$259

-20.6%

$364

$350,000

-3.4%

$362,500

-25.4%

$469,000

77

10.0%

70

32.8%

58

Prepared by Miller Samuel Real Estate Appraisers & Consultants


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