Boca Raton, Florida Luxury Property Market Report for December 2010

Real Estate Agent with Mizner Grande Realty - Boca Raton, Florida Waterfront Expert

The luxury market is expected to see alot of activity this season due to the present market conditions. The stock market is doing well and interest rates remain low. With the holidays now behind us activity will be picking up.  Below are the numbers for properties priced at one million dollars and above for December 2010.


Luxury Single Family Homes

Total Properties Available       422

Price Range         $1,010,000  -  $22,000,000

Pending         14

Total Properties Sold        4

Price Range         $1,280,000  -  $1,960,000

Average Days On Market         291

Average Sold Price Per Sq. Ft.       $265

Luxury Condominiums

Total Properties Available         79

Price Range      $1,000,000  -  $10,500,000

Pending       0

Total Properties Sold       2

Price Range        $1,375,000  -  $2,880,000

Average Days On Market       118

Average Sold Price Per Sq. Ft.        $735


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Joseph Santini

Luxury Waterfront Expert
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