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Boca Raton State of The Market

Thursday, September 15, 2022   /   by Dave Magua

Boca Raton State of The Market

Boca Raton, FL 

Thu Sep 15 2022 
This week the median list price for Boca Raton, FL is $1,187,500 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has decreased to 598. Click here to stay informed with the Boca Raton market! 

Market Action Index 

This answers “How’s the Market?” by comparing rate of sales versus inventory. 

Buyer'sMarketSeller'sMarket0102030405060708090100TodayLast Month3636

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. 

Real-Time Market Profile 

Never miss important changes in the Boca Raton market. 
Median List Price 
Median Price of New Listings 
Per Square Foot 
Average Days on Market 
Median Days on Market 
Price Decreased 
Price Increased 
Median Rent 
Market Action 
Slight Seller's Advantage 

7-Day Average90-Day AverageSep 2019Feb 2020Jun 2020Oct 2020Feb 2021Jun 2021Oct 2021Feb 2022Jun 2022$1.0M$500K$750K$1.3M$1.5M$1.8MOct 04 20197-Day Average: $699,45090-Day Average: $697,450

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

  #real estate #south florida #luxury real estate #buy and sell #dave magua #home decor #real estate agent #luxury life #luxury homes # miami realtor #dave magua group #we sell houses #jplantation #weston island #beach front properties #real estate investor #investment property #family home #boca raton #boca #home #illustrated #real estate#compass, palm beach county, south florida, broward county, sell my property, palm beach, jupiter

Keyes Illustrated Properties
Dave Magua
21065 Powerline Rd C-7
Boca Raton, FL 33433

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