Boca Raton Florida Real Estate Market Report - May 2012
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 in Boca Raton FL. The total number of closed sales in Boca Raton Florida have decreased slightly again this month. Prices for attached homes have decreased while single family homes have shown an increase this month over last. Inventory continues to remain low. This is a new scenario for the past few months. We will see if the pattern continues. This is an overall view. It does vary by community.
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 |
459 |
256 |
203 |
DOM |
165 |
148 |
187 |
LIST PRICE/ SALE PRICE |
$ 345,011/ $ 311,209 ( 93.23 %) |
$ 195,899/ $ 179,335 ( 93.14 %) |
$ 533,053/ $ 477,514 ( 93.34 % ) |
As of May 31. 2012 there were 1979 Active Listings for sale in Boca Raton. There were 536 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and there were 641 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 or by email at Elyse@ElyseBerman.com.
BOCA RATON REAL ESTATE MARKET REPORT - NOV 2011
BOCA RATON REAL ESTATE MARKET REPORT - DEC 2011
BOCA RATON REAL ESTATE MARKET REPORT - JAN 2012
BOCA RATON REAL ESTATE MARKET REPORT - FEB 2012
BOCA RATON REAL ESTATE MARKET REPORT - MAR 2012
BOCA RATON REAL ESTATE MARKET REPORT - APR 2012
All information deemed accurate but not guaranteed
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