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Elliman Report: Boca Raton 4Q 2019

Condo sales jumped 8.4% to 682 from the year ago quarter for the second gain in three quarters. Single-family sales edged up 0.2% to 564 over the same period for the third straight increase. Condo price trend indicators showed mixed year over year results as median sales price increased 2.3% to $225,000. Single-family price trend indicators moved higher over the same period, with the median sales price up 5.6% to $475,000. In terms of listing inventory, both property types were in unison. Condo listing inventory fell 4.1% to 1,348, while…

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