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Elliman Report: Boca Raton 2Q 2017

Boca Raton experienced heavy sales and the fastest moving market wide pace since 2006. There were 1,605 condo and single family sales, up 17% from the year ago and the most since this series began in 2006. The jump in sales was attributable to a condo market that surged 53.6% to 865 sales from the same period a year ago. Although condo inventory edged up 3.8% to 1,445 from the prior year quarter, the jump in sales made their market pace much faster…

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