Exploring Boca Raton Real Estate Market Trends

BOCA RATON REAL ESTATE MARKET WATCH

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Welcome to our weekly Boca Raton Real Estate Market Watch, where we break down the recent developments in the housing market. In this edition, we focus on both Single Family Homes and Condos/Townhomes to provide you with a comprehensive overview of the current landscape.
 

Single Family Homes:

In the past week, the market witnessed the addition of 63 new Single Family Home listings, reflecting a positive trend. The price spectrum for these listings ranged from $390K to a staggering $28.95M. Currently, 38 different properties are under contract, while 15 are in the pending stage – indicating moderate activity. However, the week recorded 20 homes sold, ranging from $565K to $3.6M.
 

Condos and Townhomes:

A notable surge was observed in the Condos and Townhomes category, with 132 new listings. This substantial increase ranged from $150K to $3.9M, demonstrating a dynamic market. Despite a relatively quiet week for contracts, with 25 properties under contract and 28 pending, there were 38 closed sales. The closed sales maintained consistency with the previous week, ranging from $128K to $3.55M.

Stay tuned for our Boca Raton Real Estate Market Watch updates to remain informed about the latest trends and developments. Whether you're interested in Single Family Homes, Condos, or Townhomes, our insights will guide you through the vibrant Boca Raton real estate landscape.


BOCA RATON REAL ESTATE MARKET WATCH