REAL ESTATE MARKET STATISTICS
A total of 182 single-family homes in Boca Raton were sold in October 2017. Closed sale prices ranged from $5,500 to $4,660,000 with median of $450,000. These listings were on the market an average of 82 days before offers were accepted with sellers closing at 4% below list price.
The MEDIAN is the midpoint value in the range where half the homes are in its upper range and the other half are in its lower range. Unlike the AVERAGE value, the median is not sensitive to high sale prices for a small number of homes in the market 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 buy or sell a home in the City of Boca Raton.
SELLING YOUR HOME IN BOCA RATON, FL
If you want to know if now is a good time to put your home on the market, please contact us. We will appreciate the opportunity to earn your business.