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[Rising, Faster] 4Q 2012 Boca Raton Report
Posted By Jonathan Miller On January 21, 2013 @ 10:29 pm In Boca Raton | No Comments
We published our report on the Boca Raton, Florida sales market for 4Q 2012 . This is part of an evolving market report series I’ve been writing for Douglas Elliman  since 1994.
Here’s an excerpt from the report:
CONDO/TOWNHOUSE Median sales price of a Boca Raton condo jumped 28.2% from $93,000 in the prior year quarter to $119,250. Over the same period, the number of sales edged 1.4% higher to 642. With 1,227 active listings, the monthly absorption rate was 5.7 months, consistent with the past several quarters…
SINGLE FAMILY Median sales price surged 17% from the prior year quarter to $310,000. Number of sales jumped 17.9% to 566 sales over the same period, the largest fourth quarter total in more than 6 years. With inventory at 1,127, the absorption rate, or number of months to sell all active listings at the current pace of sales, was 6 months, which was consistent with the past several quarters…
You can build your own custom data tables  on the market – now updated with 4Q 12 data. We’ll be adding a chart library for this market area soon!
Article printed from Miller Samuel Real Estate Appraisers & Consultants: http://www.millersamuel.com
URL to article: http://www.millersamuel.com/blog/better-faster-4q-2012-boca-raton-report/27940
URLs in this post:
 Image: http://www.ellimanflorida.com/media/141361/BocaRaton_Q4_2012.pdf
 report on the Boca Raton, Florida sales market for 4Q 2012: http://www.millersamuel.com/reports/elliman-report-boca-raton-sales-3q-2012
 Douglas Elliman: http://www.ellimanflorida.com/market-reports/
 build your own custom data tables: http://aggregate-data.millersamuel.com/
 Miller Samuel: http://www.millersamuel.com/reports/elliman-report-boca-raton-sales-4q-2012
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