ONLY TWO HOME SALES ON THE LOXAHATCHEE RIVER LAST MONTH
November 3, 2016 | Richard Sites
Sales of Loxahatchee River homes slowed to a crawl last month as only 2 properties closed. Both of the sales were just over the $1 million dollar mark.
Let’s take a closer look at the numbers.
With only two houses to analyze, the data will not be as accurate as it could be with a larger data set.
The median price was just under $400 per square foot but the average was $420. One house sold in just 23 days, the other was on the market for 168 days.
These per square foot prices are a little low, though.
Things are looking a little brighter for the next month since 4 houses are under contract.
If you are looking at Loxahatchee River homes for sale there are now 41 on the market but the time to buy is now! Prices are going up fast with Rickie Fowler paying $12 million for one house and another listed at $14 million.
Call me to discuss your chance of finding the right location and the right price before they are gone. You can reach me at 561-762-4073.
Question: Are these waterfront properties the best in Jupiter or Tequesta?