2009 Boca Raton Area Luxury Real Estate Market Wrap-Up

Posted by Gloria Singer on January 21st, 2010

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…

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Montoya Circle Boca Raton 2009 Real Estate Market Wrap-up

Posted by Gloria Singer on January 10th, 2010

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…

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Boca Raton Holiday Events 2009

Posted by Gloria Singer on December 4th, 2009

 

Boca Raton Holiday Events

Don't miss out on the many fun, free events that will be going on in Boca Raton, FL and Palm Beach county FL!

The 2009 Palm Beach Holiday Boat Parade is set to take place on Dec. 5th, 2009. If you are visiting Palm Beach during the holiday season, you want to make sure that you get out and see this beautiful procession of decorated watercraft. This season's themes include creative animation, festive music, glistening lights, and familiar characters. The boat parade will last for 15 miles along the Intracoastal waterway. The parade will begin at Peanut Island and will go all the way to Jupiter Lighthouse. This is a must see event for young and old alike! During the precession of boats, the skies will be lit up by the Palm…

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Boca Country Club with Fantastic Views Included!

Posted by Gloria Singer on November 16th, 2009

…

Boca Country Club
17052 Boca Club Blvd, Unit # 5, Boca Raton, FL 33487
		FABULOUS VIEW OF THE BOCA COUNTRY CLUB GOLF COURSE AND LAKE.ENJOY THIS SPACIOUS 3 BEDROOM TOWNHOUSE IN THE GREENS WITH SOARING CEILINGS,A ONE CAR GARAGE, EAT-IN KITCHEN,FIRST FLOOR MASTER SUITE,SCREENED PATIO WITH BREATHTAKING VIEW AND SO MUCH MORE. THIS TOWNHOUSE IS A GREAT VALUE, NOT A SHORT SALE OR FORECLOSURE, JUST PRICED LIKE ONE! BOCA COUNTRY CLUB IS A GUARD GATED COMMUNITY IN EAST BOCA CLOSE TO SHOPPING, BEACHES, HIGHWAYS. COUNTRY CLUB MEMBERSHIP IS AVAILABLE BUT NOT MANDATORY. FOR MORE INFORMATION ON THIS OR ANY OTHER BOCA RATON HOMES FOR SALE, PLEASE VISIT OUR WEBSITE.
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Certified Residential Specialist designation awarded to your Boca Raton real estate expert

Posted by Gloria Singer on August 7th, 2009

  

Certified Residential Specialist designation awarded to your Boca Raton real estate expert.

I am proud to announce that through the Council of Residential Specialists, the largest not-for-profit affiliate of the National Association of Realtors, I have been awarded the designation of Certified Residential Specialist (CRS).

This has been achieved by completing advanced courses and demonstrating expertise in the residential field of Boca Raton real estate (and surrounding areas).   Less than 38,000 realtors throughout the US have earned the CRS credential.

Both Boca Raton real estate buyers and sellers can be assured that CRS Designees subscribe to the strict Realtor code of ethics, have access to the latest technology and are specialists in helping…

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July 4th Fireworks & Family Fun Things To Do in Boca Raton, FL (2009)

Posted by Gloria Singer on June 26th, 2009

Wow!  I just can't believe that I am already looking at what is happening in Boca Raton, FL (and surrounding areas) for this July 4th celebration!  Time flies...

Here are the top family fun things to do in and around Boca Raton, FL for this 4th of July:

4th On FLAGLER 2009
This is the area's largest celebration of Independence Day, including not only fireworks, but two stages of entertainers plus a DJ dance area, a children's play area, lots of choices of food and beverages, and an unfurling of an enormous American Flag!  The Firefighters' Splash and Dash is also a great family fun time to have together while Palm Beach County residents and visitors alike take in the City's gorgeous waterfront.  Please note:  No personal fireworks are allowed.
Time: …

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

Posted by Gloria Singer on May 12th, 2009

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…

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April 2009 ~ Boca Raton Real Estate Market Conditions ~ East Boca

Posted by Gloria Singer on May 7th, 2009

Please find below the statistics that make up the April 2009 ~ Boca Raton real estate market conditions.  This shows the activity within the single family homes and condos/townhomes in the East Boca Raton area - which includes all homes between Military Trail and the Atlantic Ocean. 

 

April saw another month of several (four to be exact) noteworthy properties sold within the Royal Yacht & Country Club community of Boca Raton, FL.  These homes ranged in age from over 50 years to less than 8 and all had 5 bedrooms (and 5 or 6 bathrooms).  Their selling prices ranged between $1,150,000 and $4,535,000, with one selling at 100% asking price and only only on the market for 33 days!

Below is a slideshow of one of these homes (sold at the highest price…

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

Posted by Gloria Singer on April 23rd, 2009

Below you will find the sales activity within the Central and West Boca area of Boca Raton real estate for the month of March 2009 - these are all homes located West of Military Trail.  

When comparing these statistics over previous months numbers, the activity in sales within the Boca Raton real estate market has skyrocketed!  In particular the condos sold during the month of March 2009 almost doubled that of those sold in February 2009!  In addition, the number of days that both single family homes and condos/townhomes dropped for the third month in a row.  Even with the average sales price of homes selling still depreciating, more buyers are taking advantage of what seems to be the bottom of the decline in house values.  This is encouraging to see…

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Boca Raton Real Estate Market Conditions ~ March 2009 ~ East Boca

Posted by Gloria Singer on April 22nd, 2009

Please find below the statistics that make up the March 2009 Boca Raton real estate market.  This shows the activity within the single family homes and condos/townhomes in the East Boca Raton area - which includes all homes between Military Trail and the Atlantic Ocean. 
I have put together a slideshow of some of the homes sold within the single family home category of this Boca Raton real estate market, specifically within the Royal Yacht & Country Club community, which saw four sales in the month of March 2009, ranging between $750,000 (sale price based on vacant lot only) and $2,962,500.  
Boca Raton and the surrounding areas of Delray Beach and Boynton Beach are known for some of the finest golf and country club communities in the…

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