EXPLORING BOCA'S REAL ESTATE TRENDS: LATEST FIGURES AND SALES REVEALED
Monday, December 4, 2023
EXPLORING BOCA'S REAL ESTATE TRENDS: LATEST FIGURES AND SALES REVEALED
BOCA MARKET WATCHHey everybody, Joe Hillner here from Your Home Sold Guaranteed Realty! I'm thrilled to bring you this week's update on the Boca Market Watch. We're diving into the latest market data to keep you in the loop about our local real estate scene.
Single Family Homes Recap:
Last week, we witnessed an influx of activity with 76 new listings hitting the market, spanning a wide price range from $485K to a staggering $15M! We've got 28 properties under contract and 15 more eagerly going pending. However, it was a bit of a lackluster week as we saw only 26 homes successfully sold, ranging from $460K to $3.8M.Condos and Townhomes Overview:
Moving on to condos and townhomes, we observed a robust 91 new listings surfacing this week, showcasing properties priced from $132K all the way up to an impressive $12.95M. Activity seemed slightly quieter here, with 34 properties under contract and 23 moving into pending status. Unfortunately, there were 44 closed sales, indicating a decrease in sales volume, ranging from $100K to $3.55M.The real estate market is constantly evolving, and these insights provide a snapshot of the current trends. Whether you're considering buying or selling, staying informed about the market is crucial. Don't hesitate to reach out if you have any questions or need guidance in navigating this dynamic real estate landscape!
Stay tuned for next week's Boca Market Watch for more updates and valuable insights. Thanks for joining in!
Categories:
Boca Raton Market Watch
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