Admirals Cove Homes for Sale: New low in Listings
July 12, 2015 | Richard Sites
Admirals Cove homes for sale offer some of the most luxurious living in the country. Exquisite, one-of-a-kind estate homes sit peacefully on expansive bodies of water leading to the ocean through the Jupiter Inlet.
The inventory of homes available has now reached an unusually low point but the total dollar value of Admirals Cove homes for sale is $105 million.
Let’s drill down a little deeper into the numbers.
There are currently just 36 homes on the market ranging in price from $475,000 for a 2 bedroom/2 bath Club Cottage on Captains Way to nearly $9 million for an architectural masterpiece directly on the Intracoastal Waterway. The median price is $1,490,000 and the average price is just under $3 million.
In the first 6 months of this year there were 37 sales reflecting nearly exactly the state of the market now. The most expensive sale was next door to the most expensive current, active listing and the least expensive sale was a Harbor Home, also on Captains Way.
If you would like to have a conversation about Jupiter luxury real estate 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.