Wednesday, December 24, 2014

Boca Raton Real Estate Market Update

Overall, it's been a pretty strong year for the real estate market in Boca Raton: 

  • Home sales in Boca Raton were up over 6%  for the month of November, but down 3% for the year to date. (That's the number of homes sold, 270 for November and 3,966 for the year through November.)
  • Home prices in Boca Raton were up both for the month of November and for the year to date, with gains in the median sale price of 22.7% and 11.6% respectively. 
  • Inventory levels were 7.4% lower year over year for the month of November. 
Boca Raton home values and sales have held firmer than the average for the Palm Beach County real estate market, which I'll cover in a separate post.

If you're considering selling and would like to know your home's value, please contact me for a no-obligation market analysis. You're welcome to search the MLS from my website to check home sales in your neighborhood.  I'm always easy to reach if you would like a more detailed analysis or would like to discuss how we can get your home sold as quickly and painlessly as possible.

If you're considering buying, you can search MLS listings for homes for sale here.

    

If you or anyone you care about would appreciate guidance from a team of top real estate professionals, please don't hesitate to contact me. I'm always easy to reach by phone, text and email.

With Best Wishes for the Happiest of Holidays,
Scott

Scott A Field, MBA
Realtor, Investment Specialist
Certified Distressed Property Expert
cell phone: 561-573-1828
scottafield@gmail.com 
Visit www.FloridaHomeLuxury.com for free property searches and information on Florida real estate!
Realty Associates
9174 Glades Road
Boca Raton, FL 33434