SINGLE-FAMILY HOME SALES OVERVIEW
A total of 151 single-family homes in Boca Raton were successfully sold in February 2019. Closed sale prices ranged from $106,000 to $8,250,000 with a median of $455,000. These listings averaged 87 days on the market before going under contract, and home sellers closed at a median of 5% below list price.
|Total Homes Sold: 151||Highest Sale Price: $8,250,000||Avg. Days on Market: 87|
|Avg. Sale Price: $813,519||Median Sale Price: $455,000||Sale-to-List Price Ratio: 95%|
CONDO/CO-OP/VILLA/TOWNHOUSE SALES OVERVIEW
In February 2019, 195 condo/co-op/villa/townhouse units in Boca Raton were sold with a median closed sale price of $210,000. These listings were on the market an average of 83 days before offers were accepted, and sellers closed at a median rate of 5% below list price.
|Total Units Sold: 195||Highest Sale Price: $5,600,000||Avg. Days on Market: 83|
|Avg. Sale Price: $368,952||Median Sale Price: $210,000||Sale-to-List Price Ratio: 95%|
| The median is the midpoint value in the range. Compared to the average value, it is not sensitive to 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 a home in Boca Raton, or who want to keep an eye on home values in the area.