"AT THE BLUFFS"

WHATS SELLING AT THE BLUFFS-MARCH 2025

Navigating the Slowing Condo Market in The Bluffs


The Bluffs has long been recognized for its prime location, attractive amenities, and serene coastal charm. However, recent trends in the local condo market have shifted, with a noticeable slowdown in sales and a rise in inventory.


The Numbers

Year-to-date condo sales in the Bluffs are down 60% compared to the same time period in 2024. The average number of days on the market has increased to 252, up from just 56 days last year. Additionally, the average price reduction from the original listing price has risen significantly—by an average of $137,275, compared to $37,180 during the same period in 2024.


Bluffs Marina: 25 properties for sale.

Bluffs Ocean South: 8 properties for sale.

Bluffs Ocean North: 3 properties for sale.


Factors Driving the Slowdown

Several factors are contributing to the market slowdown. Increases in taxes, insurance, condo association dues, and interest rates have eroded the buying power of many potential buyers. While the Bluffs remains a highly desirable location, affordability concerns are starting to influence purchasing decisions. A broader slowdown in economic growth, along with regional market adjustments, may also be contributing to the cooling of what was once a highly active property sector.



In the past, demand often outpaced supply, leading to higher prices and faster sales. However, with more condos now available for sale, buyers have a wider selection, and competition among sellers has intensified. While this surplus of inventory may initially seem concerning, it's actually a market correction that benefits buyers. This shift allows them to take more time to evaluate their options and, in some cases, negotiate better deals.

Sellers, on the other hand, are adjusting to a more competitive environment, as condos in the Bluffs are now spending more time on the market. Some are becoming more flexible on price, while others are exploring alternative strategies, such as offering seller concessions or property upgrades to attract more buyers.


What’s Next for The Bluffs Market?

While the condo market in The Bluffs has slowed, it’s important to remember that Jupiter, FL, remains a highly desirable location. With its natural beauty, excellent schools, and proximity to cultural and recreational activities, the area continues to attract those seeking a laid-back coastal lifestyle.

Looking ahead, the market may continue to experience slow sales and growing inventory as sellers adjust to the "new normal." However, for savvy buyers, this presents an opportunity to secure a piece of paradise at a more reasonable price than in previous years. Patience, flexibility, and a clear understanding of the evolving condo market in The Bluffs will be key to success in this changing landscape.


Regards from Paridise!

Tom Waidelich

Jupiter Coastal Properties 

Jupiter Coastal Properties

Thomas Waidelich

Direct: 561-373-9653

Office 561-745-1492

tw@jupitercoastalproperties.com

jupitercoastalproperties.com

BLUFFS RESIDENT SPECIALIST

124 Bluffs Properties Sold!

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RECENT BLUFFS SALES

 

Bluffs Ridge-Sold

Address............Sale Price .Sale Date DOM

129 Dunes Edge....1,300,000..03/05/25...19

114 Sea Steppes....1,140,000...03/03/25...68

210 Cape Pointe…1,270,000…12/06/24...40

115 Sea Steppes......937,198...09/26/24...32

315 Ridge Rd...........875,000....09/19/24....9

328 Ridge Rd….......925,025….08/29/24....7

183 Ocean Pines. 1,000,000….07/29/24...70

164 Cape Pointe…1,300,000…07/18/24...91

132 Cape Pointe…1,275,000…07/12/24...46

Ridge

Bluffs River-Sold

Address............ Sale Price .Sale Date. DOM

242 E River Park....1,250,000...03/04/25...68

211 St Charles Ct...1,293,000...12/19/24...84

184 Harbourside Cir..890,000....02/10/25..49

336 River Edge......3,443,000...12/31/24.....1

210 St Charles Ct...1,350,000...12/19/24..150

214 River Park.......1,515,000...12/02/24...531

River

River North Townhouses-Sold

Address.....Sale Price .....Sale Date ..DOM

3008 30th Ct…502,000…..11/18/24….....9

3207 32nd Ct…460,000…..09/23/24…...64

3204 32nd Ct...430,000......08/19/24.......24

River North

The Lakes-Sold

Address   ..Sale Price  Sale Date  DOM

1142 11th Ct....485,000....02/24/25...130

1204 12th Ct….470,000…08/28/24..126

1164 11th Ct....420,000....06/07/24....42

Lakes

Bluffs Marina-Sold

Address................Sale Price Sale Date DOM

1601 Marina Isle 101..390,000..02/28/25..463

2301 Marina Isle 406..410,000..02/24/25..358

501 Seafarer 204........350,000..02/07/25..112

1701 Marina Isle 303..500,000..01/31/25...78

2301 Marina Isle 506..475,000..10/23/24..216

1201 Seafarer 502.....675,000...08/22/24..292

801 Seafarer 304…...444,750...08/20/24..102

1701 Marina Isle 204..677,500..06/06/24..122

Marina

Bluffs Ocean South-Sold

Address....   .. Sale Price  Sale Date DOM

701 S Seas 205...850,000...03/19//24...18

601 S Seas 304...795,000...02/28//24...53

Ocean South

Bluffs Ocean North-Sold

Address............. Sale Price Sale Date DOM

201 Ocean Bluffs 404 .910,000..07/17/24...46

201 Ocean Bluffs 306 .650,000..04/01/24...12

301 Ocean Bluffs 402 .595,000..03/18/24...66

Ocean North

Tom's Featured Listings


BLUFFS RIDGE

160 Cape Point Cir

Just Listed $969,000

Click to View

210 Cape Pointe Cir

Sold -$1,270,000

Click to View

222 Cape Pointe Cir

Sold -$1,150,000

Click for Details

Ridge Rental

119 Dunes Edge Rd

Rented $3,800

Click to View

BLUFFS RIVER

227 River Park Dr

Sold

Click to View

BLUFFS MARINA

501 Seafarer Cir 504

Penthouse $599,000

Tastefully Furnished

Click for Details

Abacoa NewHaven

131 Poinciana Dr

Sold $1,350,000

Click to View

Jonathans Landing

16940 Bay Street Major Price Reduction

$549,000

Click to View

LEGAL CORNER with ANDREW PINEIRO, Esq.


Should I add my adult child to my deed to avoid probate in the event of my death?

 

People often include the names of their children on the deed to their home in an attempt to have the home pass on to their children without complication upon death. While this may sound like a good idea, the consequences of this “poor man’s will” could be disastrous.

 

Putting an adult child’s name on your deed as a “joint tenant with right of survivorship” means that during your lifetime, the child becomes a co-owner of the property. And unless there is language to the contrary, the child presumptively becomes a 50% owner of the property. As a co-owner, the child now has all the rights and responsibilities that come with ownership of the property, including the right to encumber the property and sell his or her half to a third party! If you want to remove your child from title during your lifetime and the child refuses to cooperate, you will have to seek redress from the courts in an action for partition. Partition is an expensive and sometimes complex legal proceeding that could force the sale of the property.

 

To avoid these potential snares, a deed in the form of a “life estate” can be prepared. The life estate deed allows the owner to control the property and remain in possession until death, and upon death the property will automatically transfer to the “remainderman,” which is a technical term for the child (or any other person) that you want title to pass to upon death. 

 

There are other methods of passing title to avoid probate like living trusts, and an estate planning lawyer should be consulted.

 

For any of these instruments to work properly, they must be drafted carefully and precisely. Everyone has a different situation and a different family dynamic so it is imperative that you consult a real estate attorney and/or an estate planning attorney for advice if you are considering taking any action to avoid probate. 



Andrew Pineiro, Esq., Pineiro Byrd PLLC,

4600 Military Trail, Suite 212, Jupiter, Florida 33458, apineiro@pblawfla.com 


Richard F. Whalen President

Prime Mortgage

MLS#2468314

2000 PGA Blvd. Suite 4440

Palm Beach Gardens, Fl. 33408


Direct/Cell: 561-371-3394

Office: 561-946-1111

Email: RWhalen@primemortgageinc.com

Website:www.primemortgageinc.com.com

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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 Updated 03/13/2025 Vol 137

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