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Boca Raton, Florida Luxury Property Market Report October 2009

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

Posted Monday Nov 02