Boca Raton Real Estate Market Report – 2015 Q1

Boca Raton
The real estate market in Boca Raton saw an uptick in total inventory this quarter relative to the previous. There were a total of 1104 closings this quarter, and March was the most active month with 482 closings for a $ 181.8M dollar value. Closings in Boca Raton were down in this quarter with regards to last quarter. Moreover, closings this quarter are up with regards to Q1 of last year. January saw the most houses put on the market with 557 new properties added. Overall, new listings were higher this quarter in comparison to last quarter and are up from the same time last year.

The following is a table of statistics analyzing changes in the Boca Raton real estate market, in addition to some graphical representations of this information over time.

This Quarter vs. Last quarter vs. Last Year
Total Inventory 3,135 15% 2,718 15% 2,719
New Listings 1,558 29% 1,205 13% 1,378
Avg List  $ 530k 18%  $  447.9k 18%  $  448.5k
Closings 1,104 -4% 1,151 7% 1,031
Avg Closing  $ 396.8k 12%  $ 354k 17%  $ 338.6k
Avg DOM 114 -5% 120 -2% 116
$/sq. ft  $ 175.53 14%  $ 153.95 18%  $ 147.63

 

Boca Raton 2015 Q1 Market Report

 

Boca Raton 2015 Market Report - $/sq. ft.

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