Home Prices in Boca Raton FL for December 2016
Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties.
Boca Raton Home Prices
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 contineues in Boca Raton with some homes getting multiple offers coming in.
I wouldn't expect home prices to run up quite as fast as they did back in 2006 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 will continue to rise.
Boca Raton Real Estate Market Summary
In December 2016, the average list price for single family homes in Boca Raton FL was $ 589,490. The list price per square foot for single family homes in Boca Raton was $ 221. Both the average list price as well as average sold price per square foot show an increase from the prior month.
The average sold price for single family homes in Boca Raton FL was $ 549,085 with an average price per square foot of $ 209. Again, the average sold price for single family homes increased in December, as well as sold price per square foot.
In December 2016, the average list price for condos, villas and townhouses in Boca Raton FL was $ 305,433 . This shows a slight decline in price over last month. The list price per square foot for condos, villas and townhouses in Boca Raton was $ 186. This shows a slight decline over last month, as well.
The average sold price for condos, villas and townhouses in Boca Raton was $ 283,469 with an average price per square foot of $ 173. Again, this shows a slight decline in sold prices as well as price per square foot from last month.
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. You can also
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.