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Boca Raton, Florida Luxury Property Market Report for December 2010
The luxury market is expected to see alot of activity this season due to the present market conditions. The stock market is doing well and interest rates remain low. With the holidays now behind us activity will be picking up.  Below are the numbers for properties priced at one million dollars and above for December 2010.
 
Luxury Single Family Homes
Total Properties Available       422
Price Range         $1,010,000  -  $22,000,000
Pending         14
Total Properties Sold        4
Price Range         $1,280,000  -  $1,960,000
Average Days On Market         291
Average Sold Price Per Sq. Ft.       $265

Luxury Condominiums
Total Properties Available         79
Price Range      $1,000,000  -  $10,500,000
Pending       0
Total Properties Sold       2
Price Range        $1,375,000  -  $2,880,000
Average Days On Market       118
Average Sold Price Per Sq. Ft.        $735


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