Market Update for Meadow Lakes as of December 2014

Market Update for Meadow Lakes as of December 2014

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

Meadow Lakes Market Update

Over the past 90 days, Meadow Lakes has seen 5 Multiple Listing Service home closings with an average sale price of $284,735. This equates to $143.21 per square foot of living space.  The average List price of $291,360 indicates that Meadow Lakes Sellers are achieving approximately 98% of their asking price.  If you are considering buying a home, you can still find bargains on a house in Meadow Lakes 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 Meadow Lakes.

At the time of publication of this article, the average currently available Meadow Lakes home was listed for sale for 60 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.    

Meadow Lakes Real Estate Active Listing Summary
The average list price for a single family home in Meadow Lakes is $296,983 which is about $12,000 higher than the most recent closed sales.  The average price per square foot for listings in this neighborhood is $151.06.  Currently there are 6 homes available for sale.

Meadow Lakes Properties Under Contract
The Multiple Listing Service currently shows 5 properties under contract with an average list price of $291,675.  The average price per square foot is $138.73 which is about $5.00 per square foot less than the most recent sales in the neighborhood.

Find Homes for Sale in Meadow Lakes

Visit my website to search for homes in Meadow Lakes or to be notified when a Meadow Lakes home comes on the market.  To find out what your 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.