The 3 most important questions to ask when hiring a real estate agent: Part 3

This is the final installment in my 3 part series designed to help you find the best agent to get your home sold quickly and smoothly.  If you missed the other entries, click here for part 1 and click here for part 2.

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The 3 most important questions to ask when hiring a real estate agent: Part 2

This is part 2 in my 3 part series designed to help you find the right and best agent to help you sell your house.  If you missed part 1, be sure to check yesterday’s post and read it.

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The 3 most important questions to ask when hiring a real estate agent: Part 1

Here is Part 1 of a 3 part series designed specifically to help you find the right and the best agent to handle the sale of your home.

When hiring a real estate agent to sell your house, most people will ask the most basic questions and therefore get the  most basic answers.  Truthfully, nobody has ever given them the detailed questions that will help find a top agent.  Until now.

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Intracoastal waterfront properties offer unique locations

Waterfront properties abound in this area.  But those located along the Intracoastal waterway offer unique locations. Homes in Admirals Cove, or other luxury clubs like Jonathan’s Landing or Frenchman’s Creek, offer similar sites within the community.  But with these Intracoastal properties each one is different and unique.  I wrote about one great example in a previous post.

Luxury waterfront properties in North Palm Beach, FL.  Follow the  luxury market at www.coastalflrealestate.com or www.youtube (90)

Homes along Federal Highway (U.S. 1) north of Tequesta, like the one above, are perched on high sand bluffs overlooking  Jupiter Island.  They catch the SE breeze blowing in off the ocean and the view is panoramic.  The home pictures above was priced at $4 million when it was on the market.

Other homes closer to Jupiter and Juno are not as high in elevation but offer some very large lots, many with majestic, live oaks.

Each home and its location is different from all the others, but the price you should expect to pay is around $ 650 per square foot.  Right now the inventory is low, like it is everywhere, and there are only about a dozen of these special homes on the market.

If you would like to have a conversation about Jupiter luxury real estate or would like a FREE copy of the latest Coastal Florida real estate market statistics, use the form below or you can reach me at 561-762-4073. Unlike most agents, I have lived here 25 years and know the market inside and out.  And be sure to subscribe to this site for my daily real estate updates and to my You Tube channel where there are over 350 videos on this area.

 

Richard Sites

Riverfront homes over $1 million: 37 on the market

Riverfront homes in Jupiter and Tequesta offer some of the finest lifestyles this area has to offer.  Of course, other locations like the Intracoastal, Jupiter Inlet Colony and Admirals Cove each offer waterfront living but they are different than those along the river.

Riverfront homes

The Loxahatchee River comes in through the Jupiter Inlet, passes the lighthouse and goes under the U.S. 1 bridge then the Alternate A-1-A bridge, which is fixed but quite tall.  The bridge on U.S. 1 is a drawbridge so there is not a height restriction here.

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Tequesta & Jupiter Island million dollar condos: waterfront properties

Tequesta condos

Tequesta is Jupiter’s city (or Village) on the north side of the Jupiter Inlet and surrounded by water on 3 sides. Waterfront properties can be found along the Intracoastal Waterway, the North Fork of the Loxahatchee River and the Northwest Fork.

Jupiter Island condo

 

 

Most of the Tequesta waterfront condos are along the western side of the ICW so they have cool morning light and great breezes.  The difference in these units is that they lack many of the amenities sought by today’s buyer, but the good thing is the COA fees are low because of this.

Jupiter Island

Jupiter Island is directly east of Tequesta and forms a protective barrier island.  Waterfront condos here have spectacular views of the sparkling Atlantic.

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New listing at $5,643 per square foot in Lost Tree Village

Lost Tree Village is one of the most sought after and private enclaves of estate and oceanfront homes in this area. Located on PGA Blvd. between North Palm Beach and Singer Island, the homes offer an exclusivity not found in many places.

This is why folks like Jack Nicklaus, Jack Welch and Ken Langone call it home.

A new listing just hit the market Friday and is located directly on the ocean on a stretch of estates called Turtle Beach Road since many sea turtles find their way to our beaches during the spring and summer to lay eggs.

Lost Tree Village

Lost Tree Village

The home, listed by K2 Realty, is priced at over $ 5,000 per square foot of living space.  It is being offered at $20 million. Photo is courtesy of listing agent. Continue reading

Million dollar homes: 7 new ones on the market this week

Jupiter luxury homes come in all sizes and locations.  The Jupiter area actually includes Tequesta to the north and Juno Beach and Palm Beach Gardens to the south. This week so far we have had 7 new homes come on the market priced at $1 million or more and 2 more just $5,000 under the million dollar mark.  So, let’s take a look at them.

The highest priced home is a riverfront home on the north fork of the Loxahatchee River and is technically in Tequesta.  The home, with 5 bedrooms and 6 baths and 5,500 square feet of living space is priced at $3 million which works out to slightly over $545 per square foot.  The home was purchased in April for close to $2.3 million.  The picture is courtesy of Picture It Sold and Hughes Realty Group, Inc, listing agent for the home.

Jupiter luxury homes

The second most expensive home is a sprawling, equestrian compound west of town in Ranch Colony priced just under $3 million.  Although the home is modest in size it has luxurious facilities for the horse enthusiast and plenty of room for expansion.  The home works out to about $1,400 ft. but the land value comes into play more than the structure. Compounds in Ranch Estates, one section of Ranch Colony, have spreads of 10,20 or even more acreage and this area is one of the best kept secrets in South Florida.

The third luxury home opportunity is a compound of 7 lots on the north end of Jupiter Island.  This section, called Bon Air Beach, is closer to Hobe Sound than Jupiter.  Someone could combine these lots, like Tiger Woods did, and have an incredible, Jupiter Island estate.

Priced at $1.3 million is a condo in Ocean Royale in Juno Beach, just south of Jupiter.  This condo overlooks the sparkling Atlantic and the active Juno beach and Juno beach pier.  Luxury abounds in this type of building with every amenity available.   This unit has 2,632 square feet, which works out to $ 512/ft., with 3 bedrooms and 2.5 baths.

The next home is also on the water, but this time its the Northwest Fork of the Loxahatchee River near Jonathan Dickinson State Park.  The home is in North Passage, a gated community, and sits on one of two man-made canals.  The homes have docks and a peaceful ride down the river and out to the ocean.  The home is priced at $1.225 million.

Priced just under $1.2 million is a two story Capistrano model home in San Michele, a small gated enclave of estate homes in Palm Beach Gardens.  San Michele is a little different from other luxury communities since there is no amenity package or membership in a club required.  The home is big at 4,826 square feet and 6 bedrooms and 6 1/2 baths.  Total square footage is just under 6,000.  You might like San Michele if you are looking for a luxury home without all the trappings of a busy club like Admirals Cove or Mirasol.

The last home is located on Cresson Island, one of the 27 communities in Jonathan’s Landing.  A million dollars is an ambitious price for this home since the last sale in Cresson Island was on the market for 2 years and sold in the mid $600’s.  Jonathan’s Landing is one of our finest yet understated clubs with 3 golf courses and plenty of waterfront properties to choose from.

If you would like to have a conversation about Jupiter luxury real estate or would like a FREE copy of the latest Coastal Florida real estate market statistics, use the form below or you can reach me at 561-762-4073. Unlike most agents, I have lived here 25 years and know the market inside and out.  And be sure to subscribe to this site for my daily real estate updates and to my You Tube channel where there are over 350 videos on this area.

Richard Sites, Jupiter Realtor

Richard Sites

 

 

Jupiter homes for sale: The active listings number keeps falling

Jupiter homes for sale offer buyers the chance to enjoy our fabulous lifestyle.  I believe anyone who can live in Jupiter…does!

But if you are thinking of moving here or are actively looking for a home, the number of Jupiter homes for sale keeps falling. In fact, I recently posted on the low inventory of homes for sale in Admirals Cove.

Admirals cove homes for sale

Jupiter and Tequesta are really considered one location separated only by the Jupiter Inlet and the Loxahatchee River.  Right now, the number of listings here has fallen to 753.  And if you take Jupiter Farms out, since these homes are quite different from the in-town homes, the number falls to 645.

However, many of these remaining homes are luxury homes and condos priced over $1 million.  So if we remove them to consider the average home, the number drops to just 520.

Now let’s look at the absorption rate.  In the last 30 days, 158 homes have sold so this means at this rate we have just a 3.3 month supply of homes priced under $1 million.  The “average” absorption rate is considered to be about 6 months.

How about the Days on Market?  In Jupiter, about 120-150 days was the norm.  It has now dropped to just 33 days.

So we are definitely back in a seller’s market.

What does this mean to you?  If you are buying, you should have your financing in order, seriously in order, when you start your search.  You may not get a second chance at a home.  You should also be prepared to look at home and make a decision quickly.  Using automated MLS searches is the best way to see changes in the market. Using Zillow or one of the aggregation sites is not.

It also means that you should narrow your choice of homes down to about 5 using the computer and draft the basic contract offer terms, minus the property details, before you begin to look at homes.  You should be ready to submit an offer electronically the same day you view a home or maybe even from inside the home.

Although the technology exists to do this, nobody does so you will be way ahead of the rest of the buyers.  If I am not your agent, be sure to check with whomever you have chosen to make sure they have the technical expertise to make this happen.

This is not the time to look at homes for days or weeks.  Use your computer, or have your agent do this with you, and narrow down the possible choices before viewing the final selections.  You simply do not have the luxury of riding from house to house checking them all out.

The are all sorts of techniques to winnow out the homes that would not work.  Just looking at pictures is ineffectual at best. If you need help, you can reach me using the form below.  Unlike most agents, I have lived here 25 years and know the market inside and out.

Richard Sites, Jupiter Realtor

Richard Sites

Jupiter Country Clubs: Your top 3 choices

Jupiter Country Clubs offer a wide variety of amenities and lifestyles.  Since I have lived here 25 years and been in all of them, let’s take a look at what I consider the top three.

All of these communities have something a little bit different from the others.

My choice for the top club around is Admirals Cove.  Admirals Cove has long been Jupiter’s premier waterfront community but it is a lot more than that.

Luxury waterfront properties in Jupiter, FL (8)

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