Median Sales Price Drops to 16 Month Low Another very interesting week on the front lines in the south Florida real estate market. Of note is a significant increase in foreclosures in Palm Beach County, the continuation of declining inventory levels and interest rates that remain at all time historical lows. We also say goodbye to Steve Jobs who made a bigger impact on our technological world than anyone; as I type this blog on my MacBook while listening to music on my iPod. We tend to see the market through our own eyes and thankfully I am as busy as ever and most interested in sitting down today to pull the final September sales figures and see where we stand. Last month our real estate sales power rankings ended up like this;       #1 Juno Beach     #2 Jupiter     #3 North Palm Beac... 10/07/2011

North Palm Beach Market Report 9/18-9/24/11  Community   Sub Type   Br   Bath  Sold Price   Fishermans Village  Single Family  2  1  $52,200  Juno Isles  Single Family  3  2  $170,000  Old Port Cove  Condo  3  3  $320,000  Ports O Call  Condo  2  2  $105,000  Ports O Call  Condo  2  2  $130,000  Southwind Landings  Condo  1  1.5  $54,000  Twelve Oaks  Condo  2  2  $80,850 Source: Florida Regional MLS query   For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189 Jacobs@Quantumone.com 09/26/2011

North Palm Beach Market Report 9/11-9/17/11  Community  Sub Type  Br  Bath  Sold Price  Village of North Palm Beach  Single Family  3  2  $260,000  Village of North Palm Beach  Single Family  3  2  $200,000  Village of North Palm Beach  Single Family  3  2  $172,000 Source: Florida Regional MLS query   For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189 Jacobs@Quantumone.com 09/22/2011

North Palm Beach Homes for Sale | Palm Beach County | Florida | 33408 North Palm Beach real estate offers some of the finest oceanfront, Intracoastal, and golf communities such as Hidden Key, Captains Key, Harbour Isles, Seminole Landing, and Lost Tree Village. Many of the homes in these and other city neighborhoods boast amazing views, private docks, golf course views, and easy ocean access. North Palm Beach real estate is made up of a combination of some of the most desirable custom estates and private residences in Florida as well as some of the most spectacular oceanfront estates like those offered in Lost Tree Club. 09/13/2011

North Palm Beach Market Report 9/1-9/10/11 Community  Sub Type  Br  Bath  Sold Price   Gemini  Condo  2  2  $70,000  Harbour Isles  Single Family  4  4.1  $2,100,000  Juno Isles  Single Family  3  2  $249,000  Lori Lynn  Condo  2  1  $62,500  Old Port Cove  Condo  1  1  $63,777  Regency Manor  Condo  1  1  $40,000  Sandpiper  Condo  2  2  $72,000  Village of North Palm Beach  Single Family  3  2  $190,000 Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189 Jacobs@Quantumone.com 09/13/2011

North Palm Beach Picks Up After Dissapointing July Another month rolls on, summer is now officially in the rear view mirror, as we start off the fall season looking back at sales during August in the north county area. This month we are going to start giving our “power rankings” of the different municipalities and will post the blogs starting with the lowest ranking and continuing through the star of the month. So here for our first ever power rankings are the results for August;       #1 North Palm Beach     #2 Tequesta     #3 Jupiter     #4 Palm Beach Gardens     #5 Juno Beach     #6 Hobe Sound   This month’s final report with the #1 ranking is single family home sales in North Palm Beach and what a comeback after last months poor showing. We are also staying above the 12 month averag... 09/08/2011

North Palm Beach Market Report 8/15-8/21/2011   Community Sub Type Br Bath Sold Price Earman Villas Condo Condo 3 2 $54,000 Golf Course Addtion Single Family 4 3.5 $1,150,000 Juno Cove Townhouse 2 2 $81,500 Lake Colony Condo 1 1 $40,000 Old Port Cove Towers Condo 3 2.5 $475,000 Paradise Villas Condo 1 1 $67,500 Pineapple Grove Condo 2 1 $38,000 Village of North Palm Beach Single Family 4 2 $380,000 Village of North Palm Beach Single Family 4 2.5 $650,000 Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189 begin_of_the_skype_highlighting (561) 308-1189 end_of_the_skype_highlightingJacobs@Quantumone.com 08/24/2011

North Palm Beach Market Report 8/8-8/14/2011 Community  Sub Type  Br  Bath  Sold Price   Admiralty  Condo  2  2  $110,000  Castlewood  Townhome  2  2  $119,900  Sandpiper  Condo  2  2  $85,000  Twelve Oaks  Condo  2  2  $215,000  Village of North Palm Beach  Single Family  5  4  $1,200,000   Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com   08/16/2011

Home sales fall to 8 month low in North Palm Beach After what has been an unbelievable spring and summer buying season I was chomping at the bit to pull the final numbers for home sales throughout the region for July. With all the negative news on the economic road map perhaps the best bit of news was the Fed’s announcement that they will try to keep interest rates artificially low for at least 2 more years. Great news indeed for homebuyers but let’s see if they alone can keep rates down this low.    We started off this months update with single family home sales in Hobe Sound and condo Sales in Juno Beach I would be lying if I said I was not disappointed with the results. Next up is single family home sales in North Palm Beach and I am just as disappointed here. After 7 months where we... 08/13/2011

North Palm Beach Market Report 8/1-8/7/2011 Community Sub Type  Br  Bath  Sold Price   Admiralty  Condo  2  2  $150,000  Admiralty  Condo  2  2  $110,000  North Palm Beach Village  Single Family  3  2  $325,000  North Palm Beach Village  Single Family  5  4  $1,330,000  Old Port Cove Tower  Condo  2  2  $290,000  Yatcht Club Addition  Single Family  4  2  $250,000  Yatcht Club Addition  Single Family  3  2  $324,000   Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com 08/08/2011

North Palm Beach Market Report 7/11-7/31/2011    Community  Sub Type Br  Bath  Sold Price   Gemini  Condo  2 2   $89,000  Harbour Lights  Condo  2 2  $130,000   Helm  Condo  1 1  $50,000   Helm  Condo  1 1  $50,000   Marina Harbours  Condo  2 2  $93,000   Ocean Trace  Townhouse  2 2  $150,000   Old Port Condo 01  Condo  1 1  $79,900   Old Port Condo 03  Condo  2 2  $140,000   Old Port Condo 05  Condo  2 2  $350,000   Old Port Lake Point Towers  Condo  2  2.5  $380,000   Omega Court  Single Family  4 2  $240,000   Sea Mark Condo  Condo  2 2  $205,000   Southwind Tower Condo   2 2  $120,000  Source: Florida Regional MLS query For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jaco... 08/01/2011

Captains Key Homes for Sale | North Palm Beach | FL | 33408 Captains Key in North Palm Beach, FL is a waterfront community comprised of 25 custom built homes. Captains Key real estate offers waterfront property located on deep water canals providing its residents quick access to the Intracoastal Waterway and Atlantic Ocean. Homes for sale in Captains Key are situated on large lot sizes of a half acre or more and range in size from 2,719 to 5,973 living square feet. This North Palm Beach community is ideally located and in close proximity to the Gardens Mall, Downtown at the Gardens, and Jupiter beaches. 07/25/2011

Harbour Isles Waterfront Property for Sale | North Palm Beach | FL | 33408 Harbour Isles is a private waterfront community in North Palm Beach, Florida comprised of 103 custom estates along the Intracoastal Waterway. Habour Isles homes for sale often include private swimming pools and deep water boat docks that offer easy access to the Jupiter Inlet and Atlantic Ocean. Habour Isles real estate is located in close proximity to the Gardens Mall, Downtown at the Gardens, Legacy Place, and PGA Commons. 07/24/2011

Frenchmans Harbor waterfront property | North Palm Beach | FL | 33408 Frenchmans Harbor offers new waterfront homes for sale in a private luxury community in North Palm Beach, FL. This Toll Brothers development features new Meditearranean-style estate homes with the finest in interior features. All residences within Frenchmans Harbor are waterfront homes situated on deep water canals or the Intracoastal Waterway offering easy access to Peanut Island, Jupiter Inlet and the Atlantic Ocean. Frenchmans Harbor real estate is located in three separate subdivisions: Intracoastal, Channel and Carriage. Prices in Frenchmans Harbor start in the mid $600,000's for a Carriage home upwards of $2 million for an Intracoastal estate. 07/20/2011

Seminole Landing luxury golf course and waterfront community | North Palm Beach | FL | 33408 Seminole Landing is an exclusive luxury community located in North Palm Beach, FL. This North Palm Beach waterfront and golf course community is comprised of magnificent custom estates offering golf, ocean, and canal views. Homes for sale in Seminole Landing range in price from $2.75 million upwards to $18.9 million. This Palm Beach County golf club has consistently ranks as one of the top 25 golf clubs worldwide and is rich in history founded in 1929. 07/19/2011

Single Family Home Sales in North Palm Beach Show Strength of Market Last month we reported how sales had fallen during May as we transitioned from a very strong spring buying season into the summer months. Yesterday I started off the monthly updates with Hobe Sound and the numbers look excellent for June then followed up with Juno Beach condominium sales which were hardly stellar. As I start up again this morning Jupiter single home sales reported solid growth and now we report the same in North Palm Beach with a 30% jump over May numbers. During the month our local MLS system shows a total of 13 successful single family home closings in North Palm Beach as of this mornings’ update. That compares with 10 sales in May and a fantastic way to start summer here in Paradise. While sales le... 07/10/2011

Lost Tree Village golf course real estate for sale | Palm Beach Gardens | FL | 33408 Lost Tree Village is an ultra exclusive golf course community in North Palm Beach, FL featuring oceanfront, intracoastal, and golf homes for sale as well as golf cottages and club suites. Lost Tree is home to the Lost Tree Golf Club and Lost Tree Beach Club which allows its residents to enjoy a host of amenities including golf, swimming pool, tennis, health club, dining facilities, and many social activities. This simple and elegant neighborhood also offers its own chapel. Membership to Lost Tree is by invitation only. 07/10/2011

The Oceanfront Condos of Lost Tree Village are just one of the many styles of homes found within the community. Lost Tree oceanfront condos are built on a high bluff which overlooks the Atlantic beaches. This location gives residents endless views of the water. Condos for sale in Lost Tree are Bermuda themed homes and feature private paths to the beaches. These homes are available in two or three bedroom floor plans and begin at $600,000. Some of the other styles of homes available in Lost Tree include lake front homes, lake front estates, beachfront estates and golf cottages. For more information about Lost Tree Village Real Estate, please contact: Rob ThomsonManaging PartnerWaterfront Properties & Club Communities825 Parkway Street, Ste. 8, Jupiter, Florida 33477Office Phone:   (561)... 06/24/2011

North Palm Beach Housing report was strong for the month of May. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.  06/24/2011

North Palm Beach Market Report  Price Ranges  2011 Inventory  2011 Expired  2011 Sold  2010 Sold  2009 Sold  2008 Sold  2007 Sold  0-300,000  22  73  118  196  174  120  61  301,000-500,000  7  22  23  30  43  35  38  501,000-1,000,000  3  9  15  36  19  25  19  1,001,000 +  1  11  8  17  17  19  19  Totals  33  115  164  279  253  199  137 Source: Florida Regional MLS query performed on June 22, 2011. For more information on this area and its listings:Your Ultimate Team WebsiteNorth Palm Beach Your Ultimate TeamJim & Ruth JacobsQuantum One Realty(561) 308-1189Jacobs@Quantumone.com 06/22/2011