"AT THE BLUFFS" Market Report 
WHATS SELLING AT THE BLUFFS- JANUARY 2021
HERE ARE YOUR YEAR END BLUFFS
SALES RESULTS FOR 2020

It has been another busy year at the Bluffs Communities during 2020 ending on a very positive note in both the median sales price for each development as well as the number of sales. A total of 138 Bluffs properties were sold in 2020 and out of the 138 transactions 68 buyers paid cash. Inventory remains extremely low, and sales prices have increased from 2019 to 2020. The average days on the market to sell for 2020 was 48 days compared to 51 days on the market in 2019. Below is the data comparing 2020 sales to 2019 sales for each of the Bluffs Communities.
 
The Ridge at the Bluffs: 28 homes sold in 2020 compared to 25 homes sold in 2019; sales prices ranged from $450,000 to $785,000 in 2020.
 
The River: 19 homes sold in 2020 compared to 21 homes sold in 2019; sales prices ranged from $500,000 to $810,000. Additionally, two homes on the Intracoastal sold; prices were $1,280,000 and $1,550,000.
 
The River North Townhouses: 14 sales in 2020 compared to 16 homes sold in 2019; sales prices ranged between $255,000 to $340,000 in 2020.
 
The Lakes at the Bluffs: 19 townhouses sold in 2020 compared to 23 townhouses sold in 2019; sales prices ranged between $252,500 to $362,500 in 2020.
 
Bluffs Marina: 34 units sold in 2020 compared to 29 units sold in 2019; sales prices ranged from $305,000 to $498,500 in 2020.
 
The Ocean South: 7 condos sold in 2020 compared to 11 units sold in 2019; sales prices ranged between $311,000 to $525,000 in 2020.
 
The Ocean North: 15 condos sold in 2020 compared to 3 condos sold in 2019; sales prices ranged between $270,000 to $560,000 in 2020.
 
If you are consider selling or purchasing, please feel free to call me anytime. We can discuss what your goals and/or what you’re looking for in a property, and how we can get you the best possible property for your investment. I will always ensure that your best interests is protected.

Regards from Paradise!
Tom Waidelich
Jupiter Coastal Properties 
Thomas Waidelich
Direct: 561-373-9653

tw@jupitercoastalproperties.com

jupitercoastalproperties.com
Email Tom for your free Property Valuation Report!
RECENT BLUFFS SALES
 
Bluffs Ridge-Sold
Address             Sale Price  Sale Date  Dom 
151 Ridge Rd ...... 785,000 ...12/31/20 ..192
155 Seashore  ..... 735,000 ..12/30/20  ..63
118 Dunes Edge .. 530,000 ...02/28/20 ...1
137 Beach Summit 715,000  12/07/20 ...29
145 Sand Pine  ......635,200  12/04/20 . . 8
108 Seashore  .......570,000  10/16/20 ... 3
109 Knoll Way  ......540,000  10/01/20 .. 43
Bluffs River-Sold
Address              Sale Price Sale Date Dom
118 Inner Harbour 589,000  12/15/20    5
313 Natchez          565,000   11/16/20   52
239 River Park      540,000   11/12/20   .1
307 Leeward        540,000   11/06/20 ....5
361 River Edge    585,000  11/05/20  ...18  
River North Townhouses-Sold
Address     Sale Price    Sale Date  Dom
3241 32Nd Ct  280,000   12/10/20  48
2430 24Th Ct  340,000   11/18/20 ...5
3205 32nd Ct  280,000  10/23/20  ..3
The Lakes-Sold
Address         Sale Price   Sale Date  DOM
1947 19Th Ct    300,000     12/18/20   106
2120 21St Ct    270,000     11/13/20   23
1926 19Th Ct   275,000     10/29/20    2
1162 11Th Ct   265,000     09/10/20  ..4
Bluffs Marina-Sold
Address                 Sale Price Sale Date  DOM
2601 Marina Isle 305  460,000  12/18/20 232
2101 Marina Isle 403  435,000  12/10/20  66
601 Seafarer Cir 103   310,000  11/11/20 107
601 Seafarer Cir 102   320,000  11/30/20  21
1401 Tidel Point 206  314,000  11/16/20 109
1301 Tidel Point 205  479,900   11/09/20 36
2301 Marina Isle 202  473,000  11/06/20  2
701 Seafarer Cir 203  325,000  11/02/20  8
Bluffs Ocean South-Sold
Address               Sale Price   Sale Date  DOM
301 S Seas Dr 303   460,000   11/30/2020  249
701 S Seas Dr 504   525,000   11/24/2020   33
601 S Seas Dr 304   425,000   10/29/2020  .5
301 S Seas Dr 103   311,000   10/14/2020   3
401 S Seas Dr 101   330,000   09/11/2020  500
Bluffs Ocean North-Sold
Address                  Sale Price  Sale Date  DOM
401 Ocean Bluffs 506 560,000  12/29/20    4
201 Ocean Bluffs 504  550,000  11/06/20  38
301 Ocean Bluffs 304  500,000  09/25/20  47
Featured Listings
Bluffs Marina
1501 Marina Isle Way -306
Under Contract
1301 Seafarer Cir 205
SOLD
1001 Seafarer Cir 206
Seasonal Rental
Thinking of selling?
YOUR HOME HERE

Bluffs Ridge
118 Dunes Edge Rd
SOLD
LEGAL CORNER with ANDREW PINEIRO, Esq.

As a buyer of real estate in Florida, there are several pitfalls that can affect the outcome of your purchase transaction. The top 4 snares that arise in my practice are:
 
1. Contract execution. It seems so simple, yet, we come across countless disputes regarding when a contract is signed, what needs to be initialed, what happens when the contract is signed but changes are made simultaneously, what happens if a party omits signing a disclosure, and what happens if changes are not initialed by the other party. While these issues may seem minor, they are often the basis for unwinding a transaction.

2. Contingencies. There are several contingencies that can be included in the contract, including financing, inspections, due diligence, attorney review, sale of existing home, etc. Some are straight forward; others are complex with several moving parts. Financing contingencies can have built in closing date extensions if the lender needs additional time. Know when to use a contingency to protect yourself and know your rights when a contingency exists.

3. Deadlines. One of the contract forms frequently used in many Florida real estate transactions is the "As Is" Residential Contract For Sale And Purchase approved by the Florida Association of Realtors and the Florida Bar. This contract contains numerous deadlines pertaining to things like deposits, financing, inspections, title evidence, title defects, and closing. A missed deadline could mean you are waiving certain rights, or worse, it could mean you are in breach of contract.

4. Inspections. The typical As Is Contract allows you to perform an inspection and cancel the contract for any reason within the inspection period. Other contracts contain an intricate procedure for dealing with inspections and repairs that include time lines for inspections and taking curative actions. Failure to follow the terms of your contract with regard to inspection time lines could mean that your inspection rights, curative rights, or rights to cancel the contract are waived.

These are just a few of the complexities that we regularly deal with in our residential real estate practice. When it comes to one of the largest investments a person can make, it is always recommended to have a real estate attorney on your side. 

Andrew Pineiro, Esq., Pineiro Byrd PLLC, 4600 Military Trail, Suite 212, Jupiter,
Jupiter Coastal Properties

Real Estate Sales and Rentals 
 
All information and Data is compiled from MLS records and is deemed to be reliable but not guaranteed. Sold information does not include private sales transactions.  Neither articles, advertisers nor non-advertisers should not be considered as endorsements of any product, business, service or person.  

Sales Last Updated 1/4/2021 Vol 99
This is not a solicitation if your property is currently listed with a broker.