The luxury single family home market continues to be busy as buyers are getting some great deals especially on the water. The condo market over $1,000,000 continues to be slow though there is activity. People don't necessarily have to buy a condo right now in that price range for a second residence. Unlike the homes where in most cases it will be their primary residence. As we enter the high season everything should get busier. Below are the numbers for all properties in Boca Raton priced over $1,000,000 for October 2009.
Luxury Single Family Homes
Total Properties Available 513
Price Range $1,000,000 - $24,900,000
Total Properties Pending 13
Total Properties Sold 15
Price Range $2,813,000 - $1,116,500
Average Price Per Sq. Ft. $331
Luxury Condominiums
Total Properties Available 101
Price Range $1,000,000 - $7,250,000
Total Properties Pending 1
Total Properties Sold 1
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