Admirals Cove Real Estate: End of Season Summary
June 7, 2015 | Richard Sites
Admirals Cove in Jupiter, our premier location for luxury, waterfront homes, is winding down for the summer with most residents heading back north. Here is a quick overview of this season’s real estate market action.
The number of home sales since about November 1 (the “official” start of the season) was 44. The median per square foot sold price was $294. This is great news for the community, because inventory is, and has been, very low. Currently, there are 40 homes for sale in Admirals Cove priced from $475,000 to $6.5 million. UPDATE: 370 Eagle is now on the market at $10 million.
Admirals Cove might be the right spot for you if you are seeking a waterfront lifestyle and are seeking an opulent and active club scene. With nearly 900 homes in the community, there is always a demand for activities whether they are centered around tennis, golf, yachting, or kid’s activities.
If you would like to have a no pressure conversation about real estate in this area 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.