Boca Raton Luxury Market Report July 2010

Boca Raton luxury properties are doing well as buyers continue to get good value. Luxury single family homes are really moving with many sold and many in pending status which means this trend will continue through the end of the summer. Below are the numbers for Boca Raton luxury properties priced over one million dollars for July 2010

Luxury Single Family Homes

Total Properties Available 446

Price Range $1,000,000 - $22,900,000

Total Properties Pending 16

Total Properties Sold 20

Price Range $1,050,000 - $3,150,000

Average Sold Price Per Square Ft. $279

Average Days On The Market 362

Luxury Condominiums

Total Properties Available 83

Price Range $1,000,000 - $10,500,000

Total Properties Pending 1

Total Properties Sold 3

Price Range $1,000,000 - $4,500,000

Average Sold Price Per Square Ft. $541

Average Days On The Market 421