Jupiter 2025: Market Overview Year to Date From Realtor Dean Carter
By Dean Carter of Platinum Properties, A Keyes Family Company
Through mid-2025, the Jupiter market has shifted in measurable ways. Median home values are down modestly in many segments, with Redfin reporting a median sale price around $659,500 in July, about 4.4% below the year-ago level. Zillow shows an average home value of ~$686,300, down ~4.5% over the past year. Homes are simply taking longer to sell: Redfin’s data shows about 91 days on average vs. ~72 days a year earlier.
Inventory is creeping up, though not yet to levels that make the market easy for buyers. Bankrate reported in January that there were 586 homes for sale, up from about 519 in January 2024; at that point, supplies had reached ~9 months, indicating a tilt toward buyers. But supply varies widely by price tier and neighborhood, particularly in the luxury/waterfront segments. Sellers in desirable areas are still holding power when the home is well situated, strongly built, and shows well.
What Buyers Are Looking For
Luxury & Waterfront Properties: High demand continues for homes with waterfront access and for properties in prestige neighborhoods (Admirals Cove, Jupiter Inlet Colony, Pennock Point, etc.). These homes are still commanding premiums.
Move-In Ready, Amenity-Rich Homes: Buyers are far less interested in fixer-uppers unless the discount is very big. There’s a premium for homes with modern, upgraded finishes; smart-home features; wellness amenities.
Sustainable/Energy Efficient Features: Sustainability is increasingly a selling point – solar panels, efficient HVAC, green building materials are more in demand.
Lifestyle & Location: Buyer preferences strongly favor neighborhoods with convenience to water, golf, beaches, privacy, direct access to boating, and scenic views. Also, gated or private communities remain very desirable. Proximity to good schools, low tax burdens, favorable climate, and general quality of life are “musts.”
Price Sensitivity Under Loans and Rates: Mortgage rates remain higher than in pandemic years, which is reducing buying power and putting pressure on price expectations. Buyers are more cautious and negotiating harder. Homes priced too aggressively, especially in mid-tier and lower luxury levels, may stay on the market longer.
Outlook & What This Means
The market seems to be stabilizing rather than crashing. Slight price drops, more inventory, longer days on market – these are signs of a cooling rather than collapse. If you’re a buyer, it’s a better time than 2021-2022 for negotiating, especially outside the very high end. But for top-tier luxury waterfront properties, competition (though less frantic) remains strong.
Sellers who want to succeed will need to price realistically, offer modern amenities, and market location and lifestyle strongly. Homes that show well, with desirable features and minimal work needed, are likely to do best.
