2017
Q2
REPORT
JUPITER/PALM BEACH GARDENS SALES Highlights of the Quarterly Survey of Jupiter/ Palm Beach Gardens Residential Sales
Median sales price expanded across the overall single family and condo markets.
Jupiter Market Matrix (Single Family)
Q2–2017
Average Sales Price
%∆ (qtr)
Q1–2017
%∆ (yr)
Q2–2016
$653,057
2.9%
$634,858
14.9%
$568,272
$268
-2.2%
$274
8.5%
$247
$480,000
7.4%
$447,000
12.0%
$428,500
385
62.4%
237
-2.5%
395
69
-5.5%
73
11.3%
62
Jupiter Market Matrix (Condo)
Q2–2017
%∆ (qtr)
Q1–2017
%∆ (yr)
Q2–2016
Average Sales Price
$320,381
-5.0%
$337,352
-3.2%
$331,045
$216
-5.7%
$229
-2.3%
$221
$279,000
-1.2%
$282,500
0.4%
$278,000
302
43.8%
210
2.7%
294
62
3.3%
60
-3.1%
64
Average Price per Sq Ft Median Sales Price Number of Sales (Closed) Days on Market (From Last List Date)
Average Price per Sq Ft Median Sales Price Number of Sales (Closed) Days on Market (From Last List Date)
Single family median sales price rose 12% to $480,000, and sales slipped 2.5% to 385 respectively over the prior year quarter. Condo median sales price edged up 0.4% to $279,000, and sales rose 2.7% to 302 respectively over the same period.
Palm Beach Gardens Market Matrix (Single Family)
Q2–2017
%∆ (qtr)
Q1–2017
%∆ (yr)
Q2–2016
Average Sales Price
$726,803
-2.8%
$747,606
18.1%
$615,333
$267
-4.7%
$280
11.2%
$240
$470,000
-1.9%
$479,000
10.6%
$425,000
351
45.0%
242
14.3%
307
86
-5.6%
91
7.4%
80
Palm Beach Gardens Market Matrix (Condo)
Q2–2017
%∆ (qtr)
Q1–2017
%∆ (yr)
Q2–2016
Average Sales Price
$264,834
1.4%
$261,264
8.8%
$243,378
$173
0.8%
$172
4.4%
$166
$235,000
6.8%
$220,000
10.8%
$212,000
246
35.9%
181
1.7%
242
62
4.3%
59
23.1%
50
Average Price per Sq Ft Median Sales Price Number of Sales (Closed) Days on Market (From Last List Date)
Average Price per Sq Ft Median Sales Price Number of Sales (Closed) Days on Market (From Last List Date)
The price trend indicators and sales for both property types moved higher than the results of the same period last year. Single family median sales price rose 10.6%, and sales jumped 14.3%. Condo median sales price increased 10.8%, and sales edged up 1.7%.
FOR A COMPLETE VERSION OF THE ELLIMAN REPORT WWW.ELLIMAN.COM/MARKETREPORTS