Is Jupiter Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jupiter Island has remained a Seller's Market.
Key Takeaway
Jupiter Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 April 2023
Key Takeaway
Homes in Jupiter Island have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in Jupiter Island was $8,125,000 in April 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 | Apr 2023 | Apr 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 | $14.7M | $14.8M | +0.7% |
Summary: Jupiter Island housing prices by bedroom type for April 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 0.7%.
Median Sold Price Compared To Nearby Cities
| Port Salerno-Hobe Sound | $445K | $498.4K | +12.0% |
| Hobe Sound | $519.6K | $529.4K | +1.9% |
| 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Jupiter Island real estate market had 14 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Jupiter Island housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jupiter Island, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Jupiter Island in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 180 Days | 53 Days | -70.7% |
Summary: Homes in Jupiter Island had an average of 53 days on market in Apr 2024, down by 70.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jupiter Island are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Jupiter Island; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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