Is Jupiter Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jupiter Island was a Neutral Market.
Housing Prices in Jupiter Island, FL
How much do homes in Jupiter Island, FL cost?
Median Sold Price
$8,125,000
$2,054/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jupiter Island was $8,125,000 in May 2024, down 8.7% from last year, and the median price per square foot was $2,054.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $4.3M | $7.5M | +73.4% |
4 Bedrooms | $6.2M | $4.9M | -21.0% |
5+ Bedrooms | $13.9M | $14.8M | +6.1% |
Summary: Jupiter Island housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 73.4%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Port Salerno-Hobe Sound | $448.6K | $502.6K | +12.0% |
Hobe Sound | $519.6K | $529K | +1.8% |
Jupiter Island | $8.9M | $8.1M | -8.7% |
Housing Supply in Jupiter Island, FL
How many homes are available in Jupiter Island, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Summary: The Jupiter Island real estate market had 9 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Jupiter Island housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Jupiter Island in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jupiter Island, FL
How long does it take to sell a home in Jupiter Island, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
237 Days | 161 Days | -32.1% |
Summary: Homes in Jupiter Island had an average of 161 days on market in May 2024, down by 32.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Jupiter Island; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.