Jupiter draws the buyer of the wealthy houses looking for the Batch of Beach the alternative

A city in southern Florida is not far from Palm Beach attracting luxury homes.

Jupiter, which is located in the northeastern Palm Beach Province, known as golf courses, has become a common place for wealthy individuals to buy homes in recent years, according to real estate experts.

Seth Mansfield, an agent with Douglas Iliman and Forte Lux sales manager, told Fox Business that he sees many wealthy people to come to Jupiter. Stories lifestyle In a comfortable environment. ”

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He said: “They get access to wonderful restaurants, shopping, perfect waterways, and global -level golf initiatives than to play, all in a 15 -mile radius from their home.”

Jupiter “Best of South Florida Living” offers prices “You still feel the strong for the wealthy buyers, especially compared to Jupiter Palm Beach or Miami,” according to Jenna that will save from Sotheby’s International Realty.

Experts said that the flow of wealthy homes to Jupiter and the wider South Florida region increased during the Covid-19 pandemic.

Mansfield also pointed out that Jupiter is “not strange to wealth.”

According to Stauffer, they continued to attend due to the lifestyle of Florida, as well as “a good -friendly and friendly environment.”

High prices in the nearby Palm Beach also brought more wealthy people To the area.

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“Jupiter provides an easy alternative, while continuing to provide a lot of the same benefits – golf, luxurious homes, and privacy,” said Stafefer. “It is a sophisticated feeling without the same level of attention, and some buyers are really preferred.”

The houses listed for sale in Palm Beach bear the price of an average request of $ 3 million in April RealTor.com. The selling price for the average house, and at the same time, reached $ 3.4 million.

While Jupiter has lower prices than Palm Beach, the region is still home to many Luxury properties. Zillow offered a number of homes on the market in Jupiter on Friday, with a price demand ranging from $ 29 million to $ 45 million.

Mansfield said that more wealth that comes to Jupiter “has raised the ground, especially the real estate market ceiling on Jupiter.”

He said: “The average price for one family house was 530 thousand dollars, and the ceiling price was 12,250,000 dollars. During the past year, these figures amounted to 980,000 dollars and 48,000 dollars, respectively.” “I don’t think we have seen Jupiter’s ceiling.”

Stauffer told Fox Business that luxury homes on Jupiter have tightened and high prices due to the flow of wealthy buyers.

She also said: “There is definitely greater competition for luxury homes, and we have seen an increase in high -end renovations and new construction while sellers and developers respond to the request.”

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Both said they believe that the buyer of wealthy houses will continue to come to Jupiter this year.

“In addition to the fixed deportation from the northeast and California, we see more and more buyers turn their attention Palm Beach to Jupiter“You can get the same house on the same blue water, wasting 50-60 % discount for Palm Beach, with access to all the amenities of the creatures that you used to, and even more golf options, and Palm Beach is still in your fingertips. I really think Jupiter is less than its value, as it might seem crazy for some.”

Jupiter is a big names like Michael Jordan, Wayne Gretzki and Kid Rock among its residents, as well as Tiger Woods and other well -known golf players, according to Palm Beach Post. The late actor Bert Reynolds has long been a resident of Jupiter and described her as “the best place in the world.”