Condominium sales fall to 7 month low in Juno Beach After what has been an unbelievable spring and summer buying season I was chomping at the bit to pull the final numbers for home sales throughout the region for July. With all the negative news on the economic road map perhaps the best bit of news was the Fed’s announcement of yesterday that they will keep rates artificially low for at least 2 more years. Great news indeed for homebuyers but let’s see if they alone can keep rates down this low.    We started off this months update with single family home sales in Hobe Sound and I would be lying if I said I was not disappointed with the results. Next up is condo sales in Juno Beach and I am just as disappointed here. After 6 months where we have seen a minimum of 4 sales as of this morn... 08/11/2011

Watching the inventory levels continue their monumental drop has really been a thing of beauty. Month after month we report new annual lows in home inventory levels throughout the north county area. This month is no different as we again need to adjust the scale on our charts to handle the new lows. No doubt we need to see these levels maintain and while it is making it ever more difficult to find price driven buyers to homes that meet their expectations no doubt this is a critical metric for future price appreciation.Last month in Juno Beach inventory levels continue to go lower and this marks the 3rd straight decline and another new record low. The net inventory of real estate currently for sale on our local Multiple Listing Service (MLS) in Juno Beach now stands at 106 down 4 units f... 08/08/2011

Juno Beach Market Report 8/1-8/07/2011  Community Sub Type  Br  Bath  Sold Price   Seaview  Townhouse  2  2.5 $247,000 Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteJuno Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com 08/08/2011

Juno Beach Market Report 7/11-7/31/2011  Community  Sub Type  Br Bath  Sold Price   Cote De La MAr Townhouse 4 3.5  $625,000   Juno Ocean Club Condo  2 2  $285,000   Juno Ocean Key Condo  2  2.5  $285,000   Juno Ocean Key Condo  2  2  $255,000   Ocean Trace Townhouse 2  2.5  $162,500   Sea Oats Juno Beach Condo 3 2  $173,000  Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteJuno Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com 08/01/2011

Juno Beach continues to be hot in June sales. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.  07/22/2011

Every month at this time we take a look at the level of pending real estate sales in the north county area as it is the most important metric when determining what future sales will be. Everyone had an amazing spring with stronger sales than we have had in years. Interest rates remain at historic lows, we have seen an interesting drop in foreclosures and inventory levels are at year long lows. Sales reported here for June were tremendous and things are looking up. Or are they?   Our May 15th reports throughout the north county area showed pending sales at 12 month highs but last month we saw a reversal and reductions in pending listings which again are a precursor to upcoming sales levels. So again I was very interested to sit down this morning and pull the latest information to see wh... 07/16/2011

June Condo Sales in Juno Beach Anything but Hot Last month we reported how sales had fallen during May as we transitioned from a very strong spring buying season into the summer months. This morning I started off the monthly updates with Hobe Sound and the numbers look excellent for June which was great news indeed. Then I moved on to condo sales in Juno Beach and got a totally different picture. During the month our local MLS system shows a total of 4 successful condominium closings in Juno Beach as of this mornings’ update. That compares with 10 sales in May, a big drop and the worst monthly performance we have seen since February. Not only were sales levels weak but also all over the board with 75% of all sales below $400,000. The chart below shows the percentage of sales by price c... 07/09/2011

A couple weeks ago I took an advance look into inventory levels in Palm Beach County and at that time it looked like we might see a slight uptick when I completed my monthly report. But alas, here we are at the beginning of another month with another report of declining inventories throughout northern Palm Beach County. Finding the right home for our clients continues to become more and more difficult.This month in Juno Beach inventory levels continue to go lower and this marks the 2nd straight decline and another new record low. The net inventory of real estate currently for sale on our local Multiple Listing Service (MLS) in Juno Beach now stands at 110 down 12 units from the June 1st level. Inventory levels are now lower by over 33% from our annual high which is a very significant m... 07/02/2011

The Juno Beach home sales are rebounding strong in 2011. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.  06/25/2011

Juno Beach Market Report  Price Ranges  2011 Inventory  2011 Expired  2011 Sold  2010 Sold  2009 Sold  2008 Sold  2007 Sold  0-300,000  5  9  19  32  36  27  8  301,000-500,000  4  16  22  24  12  21  27  501,000-1,000,000  1  5  10  13  13  20  32  1,001,000 +  1  4  8  9  8  8  12  Totals  11  34  59  78  69  76  79 Source: Florida Regional MLS query performed on June 22, 2011. For more information on this area and its listings:Your Ultimate Team WebsiteJuno Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com 06/22/2011

Every month at this time we take a look at the level of pending real estate sales in the north county area as it is the most important metric when determining what future sales will be. Everyone has had an amazing spring with stronger sales than we have had in years. Interest rates continue to plunge, we have seen an interesting drop in foreclosures and inventory levels are at year long lows. As we transform from the traditionally strong spring buying season to what typically are slower summer months it will be very interesting to watch and see just how strong the current recovery is.   On May 15th we showed how, throughout the area, pending sales were again at year long highs and I was very interested to sit down this morning and pull the latest information to see what the last 30 day... 06/15/2011

Juno Beach homes for sale, real estate, and homes for rent | Juno Beach | Palm Beach County | Florida 33408 Juno Beach Real Estate is a residential seaside community located just South of Jupiter, Florida in Palm Beach County. Juno real estate is best known know for its white sandy beaches, the Juno Pier and the Loggerhead Marine Center, a turtle hospital for injured sea turtles. 06/14/2011

Juno Beach Condominium Sales Slow Slightly During May The strength of the spring home buying season in Palm Beach and Martin Counties has been nothing short of spectacular. Inventories as reported here are at year long lows and interest rates were down again for the 8th time in 9 weeks.   I wondered just how long can we keep this party going as I sat down to put together the final sales numbers for May. During the month our local MLS system shows a total of 9 successful condominium closings in Juno Beach as of this mornings’ update. That compares with 12 sales in April and a slight drop from what had been a new annual high. We expect a slowdown as we shift from spring to summer and while this was not a huge drop the trend will be worth watching. While the number of sales fell last mont... 06/12/2011

Juno Beach Florida has been excellent the first half of 2011. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.  06/05/2011

The smiles continue to shine around the offices of Keller Williams Realty in Jupiter as the local real estate market continues to thrive and recover. As we report on the first of every month we continue to watch inventory levels to see just how strong this recovery is. As we head into summer and put the spring buying season in the rear view mirror  let’s see what has happened to inventory levels over the past month. This month in Juno Beach inventory levels have once again moved in a positive direction and with another significant drop and local agents are singing those I've got those  shrinking inventory blues as we set yet another new annual low. Where are we going to find quality new listings to show are ever increasing line of clients? The net inventory of real estate currently for... 05/31/2011

Thirty days ago I reported here how every one of my main market areas in north Palm Beach County with the lone exception of Palm Beach Gardens reported increases in pending home sales for the third month in a row, most of which set new year long highs. These statistics showed a local real estate market that continues to recover quite nicely. Once again I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better on the real estate front lines. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like... 05/15/2011

Juno Beach Condominium Sales Reach New Heights in April. After jumping 100% in March condominium sales in Juno Beach remained very solid during April jumping another 37.5% to a new high for the year. During the month our local MLS system shows a total of 11 successful closings as of this mornings’ update. That compares with 8 sales in March and a solid continuation of a market improving even though prices are still being held down by the foreclosure sales. While the number of sales were very strong last month they were also mostly in the lower price categories with a full 55% of all sales at $260,000 or lower. Only a few scattered sales of sales in higher priced properties and we really would like to see some more strength in those areas. The chart below shows the percentage of sales b... 05/10/2011

It is remarkable how happy everyone is around the office these days. Keller Williams Realty in Jupiter continues to thrive and grow and everyone seems busy, busy, busy.  Inventory levels, as reported here every month at this time, continue to drop which shows how well the local real estate market has been recovering. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell and therefore skew the numbers. So what has happened to inventory levels over the past month? This month in Juno Beach inventory levels moved ever so slig... 05/02/2011

The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.  04/28/2011

Thirty days ago I reported here how every one of my main market areas in north Palm Beach County reported increases in pending home sales for the second month in a row, most of which set new year long highs. These statistics showed a local real estate market that continues to recover quite nicely. Once again I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better on the real estate front lines. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for eac... 04/14/2011