Market Update for Boca Isles South as of December 2014

Market Update for Boca Isles South as of December 2014

Real estate market data for Boca Isles South, Boca Raton, FL provided by  Rick Schuster of Jaycee Realty.

Boca Isles South Market Update

Over the past 90 days, Boca Isles South has seen 4 Multiple Listing Service home closings with an average sale price of $459,375. This equates to $162.42 per square foot of living space.  The average List price of $485,475 indicates that Boca Isles South Sellers are achieving approximately 94.6% of their asking price.  If you are considering buying a home, you can still find bargains on a house in Boca Isles South but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, well priced listings often sell within a few days of hitting the market. 

Click the following link if you are interested in seeing a current list of available inventory in Boca Isles South.

At the time of publication of this article, the average currently available Boca Isles South home was listed for sale for 82 days. Sellers should make sure to price their home near market value if they expect to get an offer from an interested buyer.  I wouldn't expect home prices to run up quite as fast as they did back in 2005 as banks remain stringent on their lending guidelines.    

Boca Isles South Real Estate Active Listing Summary
The average list price for a single family home in Boca Isles South is $526,770 which is substantially higher than the recent average closed-sale price.  The average price per square foot for listings in this neighborhood is $183.35.  Currently there are 10 homes available for sale.

Boca Isles South Properties Under Contract
The Multiple Listing Service currently shows 5 properties under contract with an average list price of $512,740.  The average price per square foot is $168.02 which is about 3.5% greater than recent sales in the neighborhood.

Find Homes for Sale in Boca Isles South

Visit my website to search for homes in Boca Isles South or to be notified when a Boca Isles South home comes on the market.  To find out what you home is worth call me at 561-206-2835.

Note:  The information contained herein was gathered from the Multiple Listing Service (MLS) and is deemed reliable but not warranted.  Additional properties may be active, under contract or sold which may or may not be listed in the MLS.