Is Jupiter, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jupiter was a Seller's Market.
Housing Prices in Jupiter, FL
How much do homes in Jupiter, FL cost?
Median Sold Price
$747,401
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jupiter was $747,401 in May 2024, up 11.4% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $318.5K | $305K | -4.2% |
2 Bedrooms | $450K | $470.9K | +4.6% |
3 Bedrooms | $669.2K | $750K | +12.1% |
4 Bedrooms | $1.0M | $1.2M | +12.1% |
5+ Bedrooms | $2.2M | $2.1M | -2.8% |
Summary: Jupiter housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
Royal Palm Beach-West Jupiter | $530.5K | $599.6K | +13.0% |
Jupiter | $671.1K | $747.4K | +11.4% |
Juno Beach | $826.9K | $895K | +8.2% |
Tequesta | $678K | $710K | +4.7% |
Housing Supply in Jupiter, FL
How many homes are available in Jupiter, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,100 | 1,118 | +1.6% |
Summary: The Jupiter real estate market had 1,118 homes for sale in May 2024, a 1.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 28 | 31 | +10.7% |
2 Bedrooms | 330 | 332 | +0.6% |
3 Bedrooms | 412 | 415 | +0.7% |
4 Bedrooms | 212 | 219 | +3.3% |
5+ Bedrooms | 118 | 121 | +2.5% |
Summary: The Jupiter housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
203 | 172 | -15.3% |
Asking Price vs. Sold Price
145 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 172 homes were sold or pending in Jupiter in May 2024, down by 15.3% month-over-month. Of the 172 sold homes, 84% were sold under asking, 10% were sold at asking, and 6% were sold over asking.
Days on Market for Jupiter, FL
How long does it take to sell a home in Jupiter, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 57 Days | +31.3% |
Summary: Homes in Jupiter had an average of 57 days on market in May 2024, up by 31.3% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Summary: During May 2024, 172 homes were sold in Jupiter; 42% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.