Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks Real Estate - BK3087579
North County condo prices climb higher.....againFor the fourth straight month buyers have pushed the median condo price in Palm Beach Gardens and the surrounding communities higher. Even on slower sales volumes nothing seems to be able to stop prices from reaching new highs. As of July 15th, medi...
New 5 month low as buyers scramble for unitsPalm Beach County condo sales have dropped for the second straight month to the lowest levels we have seen since our February report. Is demand waning or is supply the problem? Really a little of both with a twist of seasonal factors mixed in for flavor...
Third Straight Monthly Decline for North CountyAh summer. Here in south Florida you never know what you are going to get during the summer months. The weather changes in the splash of a dorsal fin and so does the real estate market. Each month at this time we bring our readers the latest pending ...
5th Consecutive Monthly DeclineAs we say goodbye to the first half of July, it is once again time to bring you up to speed on home inventory levels in the northern Palm Beach County region. We anticipated the summer months would bring a slow down in sales volumes and with buyers facing fewer opti...
Latest Numbers 2nd Best Month Over the Past YearLately everything we have reported about the northern Palm Beach County real estate market has been bullish. Very bullish. That is until our last report on condominium sales which unexpectedly dropped like a big rock in a deep pond. Down a rather dr...
North County Median Home Prices Hit $400,000Wow, talk about a straight up climb as we get back up to the $400,000 benchmark. We have not seen that number here locally since 2007 and only at the height of the bubble from 2005 through 2007 have we ever seen higher numbers. In 2004 the average media...
Lazy Loggerhead Customers Know Small is BeautifulAs our clients here at Paradise Sharks know,  small is beautiful and the same goes for the best breakfast spots here in Jupiter. Sure, you could go over to one of the major chains like International House of Pancakes but if you were looking for exc...
North County Pending Home Sales Drop for 2nd Straight MonthAs of July 1st the number of pending home sales in the northern Palm Beach County dropped almost 6% over the past 30 days. They now sit at a 4 month low and trail year ago numbers by almost 11%. Is the market changing? Should we be concer...
Northern Palm Beach County Inventory Falls for 4th Straight MonthBeing a buyer in the Jupiter area is not an easy task these days. Those lucky buyers who end up with a "deal" are almost always well prepared and ready to roll quickly when the right opportunity hits. If they do not act so...
Sales in North County drop 38% in one monthWasn't it just yesterday we published an article titled "Local Condo Prices Continue to Soar"? In fact, they were up to the highest levels we have seen in six years and heading towards a 3rd straight year of triple digit gains. Something th...

Tom Priester

Paradise Sharks Real Estate
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