Boca Raton FL Real Estate Market Report March 2018

By
Real Estate Agent with LoKation Real Estate 3087750

 

 Boca Raton FL Homes Prices for March 2018   

 

Real estate market data for Boca Raton, FL provided by Elyse Berman of Best Connections Realty, Inc.

 

Boca Raton Home Prices

 

pet friendly homes in boca raton florida

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, FL.  

 

Low 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 houses getting multiple offers coming in.   You can still get a good deal but you need a good Buyer's Agent working for you - for FREE.

 

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 seem to be coming, is one indicator that prices will continue to rise.  This is the market we are in.

  

We saw home prices dip this month while condos, villas and townhouses remained pretty much the same this month in Boca Raton FL  on both single family homes as well as condos, villas and townhouses.   

 

 

  

Boca Raton Real Estate Market Summary

 

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In  March 2018,  the average list price for single family homes in Boca Raton FL was $ 736, 296.  The list price per square foot for single family homes in Boca Raton was $ 247.  The average list price decreased from last month as well as the average list price per square foot.

 

In March 2018, the average sold price for single family homes in Boca Raton was $ 685,037 with an average price per square foot of $ 233.  Average sold price decreased this monthis along with average sold price per square foot from last month.  Average days on market was 103.

  

In March 2018, the average list price for condos, villas and townhouses in Boca Raton FL was $ 307,857.  The list price per square foot for condos, villas and townhouses in Boca Raton was $ 201.  Average list price as well as price per square foot stayed pretty much the same  this month as last.

 

In March 2018, the average sold price for condos, villas and townhouses in Boca Raton was $ 290,246, pretty much the same as last month.  Average price per square foot was $ 190, up slightly from last month.  Average days on market was 79.  

 

We saw prices dip on single family homes in March 2018 and hold steady on condos, villas and townhouses..  Prices per square foot were remained pretty much the same and rose a few dollars on condos, villas and townhouses.  Days on market rose on houses and fell slightly on condos, villas and townhouses.

 

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

 

SEARCH HOMES FOR SALE IN BOCA RATON FL

 

Tdog friendly condos for sale in highland beach floridao 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.  If you are looking for housing in Delray Beach, Highland Beach or Boynton Beach, all ages or 55+ gated communities in Boynton Beach FL, plesae contact me.

I am a Boca Raton Real Estate Agent and can be reached at (561) 716-7824 cell/text or email at Elyse@ElyseBerman.com

 

  

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Comments (4)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Another wonderful market report Elyse Berman, PA  on boca-raton-fl You are the agent to call when making a move in this area

Apr 08, 2018 04:30 PM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thank you for providing this informational report on this local market.

Apr 08, 2018 05:41 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Elyse what a detailed Market Report and a great analysis, in my market we have long surpassed the high points of the last time in and around 2006/2007, the difference here is is being achieved by real cash or real loans... I had two loans that did not materialize because the buyers lost their job a week before the closing...Endre

Apr 08, 2018 09:22 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

People in Boca Raton will be better informed with your graphic market explanation...and know that Elyse Berman, PA is the agent to call for all things real estate in that area !

Apr 09, 2018 05:00 AM