May 2025
Jupiter Market Update
Jupiter’s real estate market in May reflected meaningful movement in both pricing and activity, particularly for single-family homes. While overall sales volume slowed, median prices continued to climb, signaling sustained demand despite limited new inventory. Meanwhile, the townhouse and condo segment showed increased buyer activity even as listing prices adjusted downward.
Jupiter Single-Family Home
-
Closed Sales: 60 (down -12% year-over-year)
-
Median Sales Price: $1,230,000 (up 30% year-over-year)
-
Active Inventory: 227 homes (up 9.7% from last year)
-
Months Supply of Inventory: 5.0 months (up from 4.7 months)
-
New Listings: 56 (down -30%)
-
New Pending Sales: 55 (up 17%)
Despite fewer new listings, Jupiter’s single-family home prices rose sharply in May, pointing to ongoing demand in a tight market. The increase in pending sales, despite a 30% drop in new listings, highlights competitive conditions among active buyers.
Jupiter Townhouses and Condos
-
Closed Sales: 54 (up 3.8% year-over-year)
-
Median Sales Price: $450,000 (down -26% year-over-year)
-
Active Inventory: 288 properties (up 11%)
-
Months Supply of Inventory: 7.6 months (up from 5.8 months)
-
New Listings: 59 (down 21%)
-
New Pending Sales: 44 (up 46%)
The townhouse and condo market in Jupiter saw increased buyer interest, as evidenced by the 46% jump in pending sales. However, price adjustments continued, offering more affordability while inventory levels expanded.
