Home Prices in Boca Raton FL for May 2017

By
Real Estate Agent with Best Connections Realty, Inc. 3087750

Home Prices in Boca Raton FL for March 2017                  

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

 

Boca Raton Home Prices

pet friendly condos for sale in boca raton fl

 

 

If you are interested in how much inventory is currently on the market, you can click on this link.  It will show homes for sale in Boca Raton FLLow inventory suggests that homes are not sitting on the market for very long, That is the market we are in. Low inventory continues 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 and rising mortgage rates, which seems to be coming soon, is one indicator that prices will continue to rise despite having fallen in condos, villas and townhomes this month.

 

 

 

 

 

 

 



 

 

Boca Raton Real Estate Market Summary

 

pet friendly homes for sale in boca raton florida 

 In May 2017,  the average list price for single family homes in Boca Raton FL was $ 716,754.  The list price per square foot for single family homes in Boca Raton was $ 243.  The average list price as well as average list price per square foot remained virtually unchanged this month over last.

In May 2017, the average sold price for single family homes in Boca Raton FL was $ 666,040 with an average price per square foot of $ 229.  This month, the average sold price for single family homes increased slightly, as well as the sold price per square foot.  

  

In May 2017, the average list price for condos, villas and townhouses in Boca Raton FL was $ 250,595 . This shows a decrease in price of closed sales from last month.  The list price per square foot for condos, villas and townhouses in Boca Raton was $ 176, again, an increase from last month.

In May 2017, the average sold price for condos, villas and townhouses in Boca Raton was $ 276,885 with an average price per square foot of $ 169.  This also shows a decrease in sold prices for condos, villas and townhouses, as well as price per square foot from last month.

 

Prices remained virtually unchanged on single family homes but showed a decrease on condos, villas and townhomes this month in Boca Raton.

You need to have someone in your corner, whether buying or selling property, in Boca Raton.   I can help you find the home of your dreams with or without pets.

 

 

Find Homes for Sale in Boca Raton FL

 

Find Out What Your House Is WorthTo be notified when new homes come on the market, call/text me 561-716-7824 or email Elyse@ElyseBerman.com.  To find out what your house is worth, click on the box to the right.

 

 

 

 

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.

 

 

 

Posted by

Elyse BermanFor information about pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me. I am a Boca Raton Real Estate Agent.

Contact Elyse:
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824

Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.

 

REVIEWS FOR ELYSE BERMAN | SEARCH ALL ACTIVE LISTINGS

 

 

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Disclaimer:  The information contained in this blog should not be solely relied upon and should be independently verified by professional sources.  The opinions expressed herein are solely mine. 

All information is deemed accurate but not guaranteed. All statistical information was obtained from BMLS.   Many articles may be time and date sensitive.  Please be sure to look at the date it was posted. 

No reproduction is permitted without the author's express permission.

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Rainmaker
5,333,681
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good mornign, Elyse Berman, PA, CRS it looks like you've had a fairly level market from the absorption rate through the spring....

Jun 27, 2017 03:45 AM #1
Rainmaker
3,561,780
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Elyse. Boca should remain strong as long as the weather is warm! You definitely have location. Enjoy your day!

Jun 27, 2017 03:48 AM #2
Rainmaker
1,443,549
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Seems like a really healthy market. I do not want to see a run up like we did a little over a decade ago. Steady wins the race for everyone.

Jun 27, 2017 07:40 AM #3
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Rainmaker
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Elyse Berman, PA

Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR
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