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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Boca Raton. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 561-573-7053
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| Average Home Price | $300,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 20-25% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $250,000 - $299,000 |
| Worst Selling Price Range | $550,000 - $599,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Boca Raton is | Increasing |
| Seller Activity for the past 90 days in Boca Raton is? | Increasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Many desirable properties available at very good prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Boca Raton, FL |
| Housing Hot Spots | Wellington, Delray Beach, Boynton Beach, West Palm Beach |
| Average Sold Price | $300,000 - View Graph Trend |
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Carrie Trust
Siemens Group Realty
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