SINGLE-FAMILY HOME SALES OVERVIEW
One hundred seventy-nine (179) single-family homes in Boca Raton were successfully sold in March 2019. Closed sale prices ranged from $70,400 to $12.5 million with a median of $458,000. These listings averaged 64 days on the market before going under contract, and home sellers closed at a median of 4% below asking price.
|Total Homes Sold: 179||Highest Sale Price: $12,500,000||Avg. Days on Market: 64|
|Avg. Sale Price: $705,285||Median Sale Price: $458,000||Sale-to-List Price Ratio: 96%|
CONDO/CO-OP/VILLA/TOWNHOUSE SALES OVERVIEW
Two hundred three (203) condo/co-op/villa/townhouse units in Boca Raton were sold during the month of March 2019 with a median closed sale price of $217,500. These listings were on the market an average of 92 days before offers were accepted, and sellers closed at a median rate of 5% below listing price.
|Total Units Sold: 203||Highest Sale Price: $3,900,000||Avg. Days on Market: 92|
|Avg. Sale Price: $335,015||Median Sale Price: $217,500||Sale-to-List Price Ratio: 95%|
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.