2010 Montoya Circle Real Estate Market Wrap-Up
Posted by Gloria Singer onThere were a total of only 23 closed home sales in the Montoya Circle Boca Raton neighborhood in 2010, comparable to the 24 which closed in 2009. Both these past years saw a decline of the numbers in recent previous years. Of this year’s Montoya Circle sales, six were short sales, and two were bank owned properties. The trend towards lower prices continued, especially in the lower end townhomes and homes in Montoya Estates and Captiva, as there is more supply than demand in the under $400,000 price range. Two homes in Montoya Circle sold for $1,000,000 in the past year, which were the highest priced properties which sold in the neighborhood. The community is characterized by its proximity to the popular Boca Raton Synagogue and continues to…
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