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Boca Raton Real Estate Market Report - November 2011 - Boca Raton FL

By Elyse Berman, PA

Real Estate Agent with LoKation Real Estate 3087750

December 06, 2011 05:59 AM

Boca Raton Real Estate Market Report - November 2011 - Boca Raton FL

The Boca Raton Real Estate Market continues to show that when homes are priced right, they sell. In my opinion, we remain in a price-driven market. The total number of closed sales in Boca Raton have increased this month over last. Closed sales show an increase in price across the board this month over last.

The chart below is based on information taken from the Multiple Listing Service and sold by various MLS participants. It does not include private sales. It is deemed accurate but not guaranteed or warranted. Here is the breakdown.

TOTAL

ATTACHED

DETACHED

TOTAL

352

189

163

DOM

154

151

158

LIST PRICE/

SALE PRICE

$ 340,434/

$ 305,841

( 92.15 %)

$ 221,321/

$ 199,784

( 91.39 %)

$ 478,547/

$$ 428,816

( 93.03 % )

As of November 30, 2011 there were 2441 Active Listings for sale in Boca Raton. There were 484 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and there were 490 properties that were Pending Sale waiting to close. Please note that these numbers are a broad reference point. Always consult a Boca Raton Real Estate Agent for information on the specific community you're interested in.

For more information on the Boca Raton Real Estate Market or to buy or sell a home in the Boca Raton area, please contact me a Boca Raton Real Estate Agent. I can be reached at (561) 716-7824 or by email at Elyse@ElyseBerman.com.