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CITY

Select a City: No Preference Boca Raton Boynton Beach Coconut Creek Coral Springs Deerfield Beach Delray Beach Green Acres Gulf Stream Highland Beach Hillsboro Beach Hypoluxo Juno Beach Jupiter Lake Worth Lantana Lighthouse Point Manalapan Ocean Ridge Palm Beach Palm Beach Gardens Parkland Pompano Beach South Palm Beach Tequesta Wellington West Palm Beach Choose a property type: Single Family Condominium Townhouse/Villa Land Rental

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Choose a property type: Single Family Condominium Townhouse/Villa Land Rental

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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ADDRESS

Enter a Street Number/Name: Choose a property type: Single Family Condominium Townhouse/Villa Land Rental

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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ZIP

Enter Zip Code Choose a property type: Single Family Condominium Townhouse/Villa Land Rental

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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MLS #

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MAP

Select a Starting Point: No Preference Admirals Cove Atlantis Aventura Belle Glade Boca Raton Boynton Beach Canal Point Coconut Creek Coconut Grove Coral Springs County Dania Beach Davie Deerfield Beach Delray Beach Fellsmere Fort Lauderdale Fort Pierce Greenacres Gulf Stream Haverhill Highland Beach Hillsboro Beach Hobe Sound Hollywood Homestead Hutchinson Island Hypoluxo Jensen Beach Juno Beach Jupiter Jupiter Inlet Colony Kendall Lake Clarke Shores Lake Park Lake Worth Lakewood Park Lantana Lauderdale By The Sea Lauderdale Lakes Lauderhill Lighthouse Point Loxahatchee Manalapan Margate Miami Miami Beach Miami Gardens Miramar North Lauderdale North Miami Beach North Palm Beach Oakland Park Ocean Ridge Pahokee Palm Beach Palm Beach Gardens Palm Beach Shores Palm City Palm Springs Parkland Pembroke Pines Plantation Pompano Beach Port Saint Lucie Port St Lucie Riviera Beach Royal Palm Beach Saint Lucie West Sebastian Singer Island South Palm Beach Stuart Sunrise Surfside Tamarac Tequesta Vero Beach Village Of Palm Springs Wellington West Palm Beach Weston Wilton Manors Choose a property type: Single Family Condominium Townhouse/Villa Land Rental

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Boca Raton Real Estate Market Conditions

Boca Raton Real Estate Market Conditions

Just sold 17052 Boca Club Blvd - Greens at Boca Country Club

Monday, March 8th, 2010 at 5:29pm. 31 Views, 0 Comments.

 

We are happy to announce the successful closing of our listing at 17052 Boca Club Blvd in the Greens development of Boca Country Club. These Boca Raton Real Estate buyers are a lovely couple from the New York area who will be using the townhouse as a vacation home. The sellers are from Venezuela, and recently bought another property in Broken Sound Country Club.

This property was on the market for less than sixty days, and sold for 87% at the asking price. A 3 bedroom 2000 square foot townhouse, it sold for $240,000. The average days on market for homes of this type in Boca Raton is currently 212 and the average sell price to list price ration is 85%, so needless to say, our sellers were very happy with this result in the current market!

What to anticipate in 2010? Where is the Boca Raton real estate market headed? Part One

Thursday, February 25th, 2010 at 7:24pm. 105 Views, 0 Comments.

I am participating this week in the National Real Estate Cyber Convention and just attended a keynote presentation by Lawrence Yun, the chief economist of the 1.2 Million member National Association of Realtors and widely considered one of the top ten economic forecasters in the country. Here are some of the highlights of Mr. Yun's very interesting talk about what to anticipate in 2010. This is part one of my recap of his lecture. The second part will be covered in a separate blog post:

• Predictions are for 15% higher unit sales in 2010 which will cause inventory levels to stabilize.
• 2 Million first time buyers are expected to take the 1st time buyer credit to date
• An additional 2.4 Million (both 1st time and move up buyers) will take the credit by June 30…

2009 Boca Raton Area Luxury Real Estate Market Wrap-Up

Thursday, January 21st, 2010 at 3:04pm. 131 Views, 2 Comments.

The news continues to be bleak for the luxury real estate market in Boca Raton, Delray Beach, and Highland Beach at the end of 2009 and beginning of 2010.

Last fall I wrote a blog post about the Boca Raton Luxury Market for the six months ending September 30, 2009.  THis is a followup to that previous post.

I have examined the current state of the market for properties in excess of $1,000,000 for the last half of 2009.

Here are the number of sold properties in relation to current listings for each price band for the last six months:

Here is an illustration of the current month's supply in each of the price bands:

It is very clear from these illustrations that the luxury market continues to be hammered. While the number of current listings in excess of…

Montoya Circle Boca Raton 2009 Real Estate Market Wrap-up

Sunday, January 10th, 2010 at 1:47pm. 215 Views, 0 Comments.

There were a total of 24 home sales that closed in Montoya Circle Boca Raton in 2009. That's a decline of about 20% from those closed in 2008. Montoya Circle, like the rest of the Boca Raton and Palm Beach County area, felt the impact of the recession and prices have declined sharply from the peak of Summer of 2006 and have even declined sharply over the 2008 average prices. Several of the sales have been short sales and foreclosures, and the general Boca Raton market conditions prevail in Montoya Circle. The community is characterized by its proximity to the popular Boca Raton Synagogue and continues to attract residents that require a location which is walking distance to the synagogue. However as in the past many people moved to the area from the New…

BOCA RATON LUXURY REAL ESTATE MARKET IN DOLDRUMS. BUY NOW IF YOU CAN!!

Wednesday, October 7th, 2009 at 9:33am. 274 Views, 8 Comments.

The sales of luxury properties in the Boca Raton, Highland Beach and Delray Beach real estate market continues to stagnate. I have prepared a couple of graphs which illustrate the great amount of unsold inventory which is on the market in the over one million dollar price ranges. This segment represents approximately 13% of the total listings on the market. For purposes of this article, I have examined all listings in excess of one million dollars in Boca Raton, Highland Beach, and Delray Beach.

Here are the number of sold properties in each price band in the past six months:

Here is an illustration of the current month's inventory in each price band. Please keep in mind that the average for all price ranges in Boca Raton, Highland Beach and Delray Beach is…

Appraisals in today's crazy real estate market!

Wednesday, August 19th, 2009 at 2:13pm. 228 Views, 5 Comments.

Your House As Seen By: 

Yourself:
 

Your Buyer:

Your Lender:

The Appraiser:

and last but not least, the Palm Beach County Property Tax Assessor:

This was sent to me by my friend and colleague John List, who I work with at Lang Realty. I thought it was really funny and apropo. Appraisals in particular are a big issue in our market. In the coming weeks I will be writing about some situations with appraisals that are true stories and are keeping sellers trapped in their homes and unable to sell due to ridiculous valuations by appraisers who don't know the area or the values. Stay tuned!

GREAT NEWS FOR BOCA RATON HOMEBUYERS

Thursday, July 30th, 2009 at 9:44pm. 214 Views, 0 Comments.

GREAT NEWS FOR BOCA RATON HOMEBUYERS:

IT’S TIME TO GET OFF THAT FENCE!

 

Everyone is talking about the fact that the S & P Case-Shiller home price index, which tracks home prices in 20 metropolitan areas, rose for the first time in 34 straight months of decline. Various housing indicators are showing glimmers of hope that the housing market is improving.

 

We all know that real estate is LOCAL so I have decided to drill down into the numbers a bit. After examining sales for the three months ending April 30, May 31, and June 30, I can confirm that for the first time in three years, home prices in Boca Raton have increased as have the number of sales. Although they are only slight increases and will have to be tracked over…

Central & West Boca Raton Real Estate Market Statistics - May 2009

Friday, July 10th, 2009 at 1:26pm. 200 Views, 0 Comments.

Below please find the May 2009 sales activity within the Central and West Boca area of Boca Raton real estate  - which encompasses all homes and condos/townhomes sold located West of Military Trail.

 

As shown in the May 2009 Boca Raton East Market Statistics blog, here are some additional property analysis with regard to the above sales, which shows both the breakdown of prices and number of days each property took to sell:

Please bookmark this site to stay in touch with the Boca Raton homes market statistics.  I work hard to keep you informed of the monthly changes and updates within this area - please let me know if you have any comments or feedback on the information I am providing you with.

 

Real Estate Blogs Directory - Directory of real estate blogs…

Boca Raton Real Estate Market Statistics - May 2009 - East Boca

Friday, July 10th, 2009 at 1:01pm. 192 Views, 1 Comments.

Please find below the statistics for May 2009's Boca Raton real estate market conditions.  This shows the activity for all the single family homes and condos/townhomes sold in the East Boca Raton area - which includes all properties between Military Trail and the Atlantic Ocean. 

Below are some additional property analysis surrounding the above numbers for the Boca Raton real estate market which shows the breakdown on prices and days on market throughout this eastern area of Boca Raton:

I would be happy to answer any questions you may have with regard to the current market conditions in and around the Boca Raton real estate area.  We are noticing some consistent stabilizing throughout the market compared to the past few years and are confident that the…

Boca Raton Real Estate Market Conditions ~ April 2009 ~ Central and West Boca

Tuesday, May 12th, 2009 at 12:53pm. 129 Views, 0 Comments.

Here are the April 2009 sales activity within the Central and West Boca area of Boca Raton real estate  - which encompasses all homes sold which are located West of Military Trail.

With the height of another season now behind us, the number of new listings, both residential homes and condo/townhomes, dropped significantly month over month - down from 164 in March to 126 new residential homes listed in April, and 197 in March down to 129 new condo/townhomes listed in April.  This is good news for new sellers, since their competition has now dipped down too.

The number of single family homes and condos/townhomes sold last month also dropped somewhat from the previous month, but when it came to the average number of days it took a Boca Raton FL single family…

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