Newly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for March 2021. Read on to learn more about the real estate market in South Palm Beach County:

Demand continues to outpace Supply

Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer market in the coming months.

Local Market Summary

New Listings…

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I recently sold this new construction condo in downtown Boca. Tower 155 is a boutique condo building which was completed in 2020. Unit 1119 is a 2 bedroom, 2 bathroom 1,213 square foot condo with Italian porcelain flooring throughout, a modern white kitchen with high-gloss cabinets and quartz counters, and 10 foot ceilings. The high floor unit has an expanded balcony with panoramic views of the ocean and city. 

Kitchen from Unit 1119



Property Address: 155 E Boca Raton Rd, Unit 1119, Boca Raton, Florida 33432

Sale Price: $814,800

Sale Date: 3/17/2021

MLS #: RX-10631658

For more information on Tower 155 please contact me at 561.866.7584 or gloria@bocaexpert.com.


See all Tower 155 Condos for Sale:


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February 2021 real estate market statisticsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for February 2021. Read on to learn more about the real estate market in South Palm Beach County

Economic Indicators

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up rates, the underlying economic fundamentals point to rates remaining in the low 3 percent range for the year.” With rates still at historically low levels, home sales are unlikely to be significantly impacted,…

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Newly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for December. Read on to learn more about the real estate market in South Palm Beach County:

Inventory Remains Tight - Especially for Single Family Homes

December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market. New Listings increased 6.9 percent for Single Family homes and 7.7 percent for Townhouse/Condo homes. Pending Sales increased 34.6 percent for Single Family homes…

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Newly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for the month of October.  Read on to learn more about the real estate market in South Palm Beach County:

Buyer activity in October up

October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall.

New Listings decreased 5.8 percent for Single Family homes and 3.5 percent for Townhouse/Condo homes. Pending Sales…

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august 2020 market statisticsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for the month of August. Read on to learn more about the real estate market in South Palm Beach County:

Homes Sales are Higher, Tight Inventory Remains a Hurdle

The housing rebound continued In August. Showings and pending sales remained at strong levels while housing inventory remained limited, continuing the competitive bidding market we have seen in recent months. New Listings increased 13.0 percent for Single Family homes and 22.0 percent for Townhouse/Condo homes. Pending Sales increased 17.9 percent for Single Family homes and 3.6 percent for Townhouse/Condo homes. Inventory of existing…

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July 2020Newly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for March. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

Healthy buyer demand and constrained supply continue to be the story for much of the country. Nationally, showing activity in July remained substantially higher than a year before and multiple offer situations are a frequent experience in many markets. With the inventory of homes for sale still constrained, a competitive market for buyers shows little sign of waning.

While the number of unemployment insurance weekly initial claims have been far lower in recent weeks than their peak…

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Newly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for March. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators and COVID

As COVID-19’s impact spread across the country in March, the stock market declines which started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began tightening underwriting standards and some buyers found they no longer were approved for a loan. Massive layoffs also shook the economy with 6.6 million initial jobless claims filed in a single week—double the number last week and…

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Trying to eat healthy while quarantining? Want a delicious box of fresh farm to table produce from the best growers around for $10? Our local farmers have had to adjust during the peak of Florida’s growing season. Typically only selling wholesale to the food service/hospitality industry, many growers are offering fresh picked boxes for the public. Some of our favorites are:

Mobile Green Markets 

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Good morning, veggie lovers! We are open from 9am to 5pm today. Pop your trunks for some delicious farm fresh veggies and sweet corn. We are offering our $10 veggie boxes as well as 10 ears of sweet corn for $5! YUM. Cash only, please!

A post shared by Mobile Green Markets (@mobilegreen_markets)…

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East Boca Raton is booming. It is at once an international destination served by three airports including the private executive Boca Raton Airport, home to the world-class Boca Raton Resort and Club and the upcoming Mandarin Oriental Hotel.  It is also a pleasant drive to Delray Beach’s Atlantic Ave, Palm Beach’s Worth Ave. and Fort Lauderdale’s Los Olas Blvd.

The Mizner Park neighborhood in East Boca Raton aka the Golden Triangle is one of the most sought after and hottest places to buy or build a home.

In the heart of this coveted neighborhood, is 2nd street, one of the finest residential streets, a few minutes walk to the pedestrian walkways, interactive water features, and dockage of Silver and Wildflower Park on the Intracoastal, plus the…

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