Saturday, October 21, 2017 / by Carl Gentile
Million Dollar Home Sales Soar in Jupiter, FloridaJupiter, Florida and the surrounding Treasure Coast and Palm Beaches is known to be a mecca of the rich and famous, with an average home sale pushing this year well into the high $400's. The combination of beautiful beaches, decadent restaurants, crystal blue waters and a booming stock market has created a strong buying confidence here in South Florida paradise.
With that, 2017 has been a banner year of $1 million dollar plus home sales in Jupiter, Florida. We have to look back all the way to pre-bubble 2005 to find a comparable year of million dollar home sales. Not only are we going to surpass the 2005 numbers of number of million dollar plus homes sold in Jupiter, Florida - we are going to surpass it by a relatively large gap. Through October 1, home sales of this caliber are a staggering 14% higher than the same period 2005. As the stock market remains strong and bullish, we expect to see little slow down in the Jupiter, Florida and Palm Beach luxury real estate markets as this is the 8th consecutive year we have seen promising growth.
Heading into winter season and increased foot traffic here in Jupiter, Florida we anticipate million dollar home sales to continue to steadily rise to record numbers.
For a list of single family homes from $1,000,000 to $10,000,000 in Jupiter, Florida please visit here.