Boca Raton, Florida Luxury Property Market Report for February 2011

By
Real Estate Agent with Mizner Grande Realty - Boca Raton, Florida Waterfront Expert

The high season is moving along and the activity is decent especially on the luxury condominiums which is a great sign and barometer for the market.  Below are the numbers for February 2011 for properties priced at 1 million dollars and above.

 

Luxury Condominiums

Total Properties Available     76

Price Range      $1,000,000  -  $9,999,999

Total Properties Pending      5

Total Properties Sold       2

Price Range        $2,000,000  -  $2,037,500

Average Sold Price Per Square Ft.      $479

Average Days On Market        62

Luxury Single Family Homes

Total Properties Available       461

Price Range      $1,000,000  -  $22,000,000

Total Properties Pending      21

Total Properties Sold       12

Price Range         $1,135,000  -  $2,225,000

Average Sold Price Per Square Ft.        $273

Average Days On Market       214

Joseph Santini  --  Your Boca Raton, Florida Luxury Waterfront Expert! 

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