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Follow on Google News | Jupiter Homes & Condos for saleJupiter home sales remain strong as buyer demand continues to push prices upward. Good news for sellers as it is now their turn to control the deals.
This week we saw a Jupiter Ocean Grande condo sell that had been on the market for 586 days and it sold at its original listing price. Sold for $799,000. Why all of a sudden would that condo that is not direct oceanfront sell at full asking price after being on the market for almost two years. Two reasons, prices have risen and inventory has dwindled so buyers are purchasing properties that have been on the market for longer than usual. So when a prime location in a condo comes up we are seeing a swarm of buyers going after the property. Expect to see a sales price close to asking prices in many cases. The strongest market segment still remains the sub $200k condo, the $300k to $500K home and then the million dollar plus market. Most buyers seem to be less then aggressive in their purchasing price until they lose a few properties. What happens is they become both tired and desperate and usually pay much more than they first anticipated. I have had several conversations with people thinking they paid to much for their properties in the past but now most feel like they underpaid compared to today's market. Sellers it is a great time to sell your Jupiter home or condo. With inventory levels so low you may want to see what your home is really worth. Find your community on our website and you can see the recent sales over the past year as well as what is for sale now. To sell a home you need exposure on the Internet and we have some of the top ranking sites on-line. Sure advertising in the paper works but almost anyone you speak with says just Google it. Google Jupiter condos and visit me. You will get some of the best Internet exposure on our websites. Look for Jupiter homes at www.Jupiterhomeseller.com. End
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