SINGLE-FAMILY HOME SALES OVERVIEW
In April 2019, the total number of recorded closed sales of single-family homes in Boca Raton was 226 — that is a 26% jump from the previous month’s sales of 179 listings. These homes were sold at a median of $450,000 with home-sellers closing at 4% below asking price.
|Total Homes Sold: 226||Highest Sale Price: $11,625,000||Avg. Days on Market: 82|
|Avg. Sale Price: $701,084||Median Sale Price: $450,000||Sale-to-List Price Ratio: 96%|
CONDO/CO-OP/VILLA/TOWNHOUSE SALES OVERVIEW
Two hundred forty-one (241) condo/co-op/villa/townhouse units in Boca Raton were successfully sold in April 2019 with a median closed sale price of $219,000. The total number of sold units increased 19% from the previous month’s sales number of 203. These listings were on the market an average of 94 days before offers were accepted, and sellers closed at a median rate of 4% below asking price.
|Total Units Sold: 241||Highest Sale Price: $7,000,000||Avg. Days on Market: 94|
|Avg. Sale Price: $346,039||Median Sale Price: $219,000||Sale-to-List Price Ratio: 96%|
The median is the midpoint value in the range. Compared to the average value, the median is not sensitive to extremely high sale prices for a small number of homes in the area.
At Parkland Realty Group, we post a Monthly Real Estate Market Report with total homes sold, sale prices, days on market and more. This overview of recent sales activity is helpful for those who are in the market to sell or buy real estate in Boca Raton, or who want to keep an eye on home values in the area.