Hutchinson Island Condos Inventory Limited
Condos for sale on Hutchinson Island
As season progresses we continue to see low inventory of oceanfront condos here on Hutchinson Island. There continues to be strong buyer demand for oceanfront condos here on Hutchinson Island. Buyers are coming here looking for beachfront condos and what they find are very few options to chose from. Inventory levels have fallen to levels we haven’t seen in over a decade. With rising prices I would expect to see more sellers looking to list their condos. We haven’t seen that and I’m not sure why. Oceanfront condos do come up for sale in cycles as many owners of condos which are second homes don’t trade as often as many single family homes. Owners tend to hold on to them for much longer time frames.
Why choose Hutchinson Island condo living?
Condo prices and real estate in Palm Beach County has risen quite rapidly and has pushed many buyers out of this market. The average condo price in places like Jupiter or Singer Island now start about $500,000 for entry level condos and rise quickly from there. You will find many million dollar plus Jupiter oceanfront condos but here on Hutchinson Island you will find very few condos above $500,000.
Finding 3 bedroom ocanfront condos on Hutchinson Island can be difficult as the majority of condos on the beach are 2 bedroom 2 bath. Expect to pay a premium for that extra bedroom. Most of the condos on Hutchinson Island were built in the 80’s with very few condos built much after the early 90’s. So finding a new luxury condo building with 9ft ceilings will be difficult. We can save you plenty of time finding a beachfront condo here on the Island. Call us and we can start your search today.