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Joseph Santini's Blog

By Joseph Santini | Broker in Boca Raton, FL

Boca Raton Florida Luxury Property Market Report

Below is the market report for Luxury Properties priced above one million dollars for the past 30 days in the Boca Raton, Florida area. The luxury market is very active, especially single family homes with many properties changing hands as buyers continue to take advantage of great interest rates and current market conditions.

Luxury Single Family Homes

Total Properties Available 353

Price Range    $1,000,000  -  $14,900,000

Total Properties Pending 24

Total Properties Sold   23

Sold Price Range    $1,040,000  -  $3,550,000

Sold Average Price per Square Ft.    $344

Average Days on Market    243

Luxury Condominiums

Total Properties Available    50

Price Range $1,000,000  -  $7,950,000

Total Properties Pending    4

Total Properties Sold    9

Sold Price Range $1,050,000  -  $11,678,000

Sold Average Price per Square Ft.   $727

Average Days on Market    156


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