Home Prices in Boca Raton FL for June 2016

Home Prices in Boca Raton FL for June 2016

Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties.

Boca Raton Home Prices

We continue to see higher prices on home prices in Boca Raton FL and don’t expect things to slow down anytime soon. There was a slight dip in closed sales on condos this month, but houses went up again.  If you are considering buying a home you can still find deals on a house in Boca Raton, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long. Many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Boca Raton home  on which you are making an offer.

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 in Boca Raton on has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then 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 is one indicator that prices should continue to rise.

 Boca Raton Real Estate Report Summary

In June 2016,  the average list price for single family homes in Boca Raton FL was $ 682,317.  The list price per square foot for single family homes in Boca Raton was $ 235.

The average sold price for single family homes in Boca was $ 639,031 with an average price per square foot of $ 223.

In June 2016, the average list price for condos, villas and townhouses in Raton FL was $ 269,609. The price per square foot for condos villas and townhouses in Boca was $ 175.

The average sold price for condos, villas and townhouses in Boca Raton was $254,381 with an average price per square foot of $ 166.

  Find Homes for Sale in Boca Raton FL

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 or call 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.