Market Report for Jupiter – 2015 Q1
The real estate market in Jupiter saw an increase in available inventory this quarter relative to the previous. There were a total of 518 closings this quarter, and March was the most active month with 207 closings for a $ 91.5M dollar value. Closings in Jupiter were down in this quarter in comparison to last quarter. In addition, closings this quarter are up in comparison to the same time last year. January saw the most houses put on the market with 200 new listings added. Overall, new listings increased this quarter with regards to last quarter and are higher from Q1 of last year.
The following is a table of statistics comparing changes in the Jupiter real estate market, in addition to some charts of this information over time.
| This Quarter | vs. Last quarter | vs. Last Year | |||
| Total Inventory | 1,276 | 8% | 1,178 | 4% | 1,218 |
| New Listings | 627 | 26% | 494 | 2% | 610 |
| Avg List | $ 460.6k | -1% | $ 465.9k | -2% | $ 472.1k |
| Closings | 518 | -3% | 537 | 14% | 453 |
| Avg Closing | $ 444.8k | 13% | $ 392.6k | 1% | $ 437.5k |
| Avg DOM | 130 | 14% | 114 | 10% | 117 |
| $/sq. ft | $ 187.53 | 14% | $ 163.75 | 5% | $ 177.92 |
