Thursday, October 2, 2008

Trulia’s Boca Raton Market Overview & MLS results for October 2nd

The average listing price in Boca Raton for week ending September 24th was $765,279, up $2,887 (+ .4%) for week over week. Median Sales price is $295,000, up $20,000 (+7.3% year over year). Average Sales price year over year was $458,564 (+12.3%). Average price per sq ft is $174, (-3.3%) year over year. 2640 Homes for Sale, 1632 recently sold. According to the MLS on 10-2-08 there are 99 active properties in Royal Palm Yacht & Country Club, ranging from $799,900 for a 3 bedroom, 3 1/2 bath 3616 sq ft 2-story upgraded home with golf view to $21,900,000 for a 6 bedroom, 7 full and 3 half bath palatial estate of 19,938 sq ft on a point lot on the ICW, 3 are new, 1 is pending, none contingent. Three were sold ranging from $875,000 for a 3 bedroom, 2 bath 2207 sq ft 1 story home with garden view on the market 165 days to $2,310,000 for a 4 bedroom, 4 1/2 bath 4514 sq ft home on the market 224 days.

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