Home Prices in Boca Raton FL for February 2017
Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties.
Boca Raton Home Prices
If you are interested in how much current inventory is on the market in Boca Raton you can find that information by clicking on the link. Low inventory suggests that homes are not sitting on the market for very long, That is the market we are in. Low inventory continues in Boca Raton with some homes of getting multiple offers coming in.
I wouldn't expect home prices to run up quite as fast as they did back in 2006 as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But, low inventory and rising mortgage rates, which seems to be coming soon, is one indicator that prices will continue to rise.
Boca Raton Real Estate Market Summary
In February 2017, the average list price for single family homes in Boca Raton FL was $ 812,835. The list price per square foot for single family homes in Boca Raton was $ 253. The average list price as well as average list price per square foot show a considerable increase over last month.
In February 2-17, the average sold price for single family homes in Boca Raton FL was $ 762,029 with an average price per square foot of $ 238. Again, the average sold price for single family homes increased from last month, as well as the sold price per square foot.
In February 2017, the average list price for condos, villas and townhouses in Boca Raton FL was $ 334,322 . This shows an increase in prices of closed sales from last month. The list price per square foot for condos, villas and townhouses in Boca Raton was $ 189. Again, this is a marked increase from last month..
In February 2017, the average sold price for condos, villas and townhouses in Boca Raton was $ 313,840 with an average price per square foot of $ 177. This shows a significant increase in sold prices for condos, villas and townhouses, as well as price per square foot from last month.
Prices rose across the board in Boca Raton this month over last in both single family homes as well as condos, villas and townhouses.
You need to have someone in your corner, whether buying or selling property, in Boca Raton. I can help you to find the home of your dreams.
Visit my website to search for homes in Boca Raton or to be notified when Boca Raton homes for sale come on the market. To find out what you home is worth in the current market email me, call/text my cell 561-716-7824.
For more information about pet-friendly housing in Boca Raton FL and Boca Raton Real Estate, please contact me. I am a Boca Raton Real Estate Agent and can be reached at (561) 716-7824, by text or by email at Elyse@ElyseBerman.com.
All information deemed accurate but not guaranteed or warranted.
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824
Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.
Disclaimer: The information contained in this blog should not be solely relied upon and should be independently verified by professional sources. The opinions expressed herein are solely mine.
All information is deemed accurate but not guaranteed. All statistical information was obtained from BMLS. Many articles may be time and date sensitive. Please be sure to look at the date it was posted.
No reproduction is permitted without the author's express permission.