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Joseph Santini, P.A.

Boca Raton, Florida Luxury Market Report September 2009

As the summer fades away and we head into the strong selling season activity is good as people continue to buy up the inventory. We expect the winter months to be very busy with lots of buyers in town. Here are the numbers for the past thirty days for luxury properties priced at one million dollars and above.

Luxury Single Family Homes

Properties on the Market 511

Price Range $1,000,000 to $24,000,000

Properties Pending 19

Properties Sold 6

Price Range $1,060,000 to $4,750,000

Average Days on Market 118

Average Sold Price Per Square Ft. $315

Luxury Condominiums

Properties on the Market 92

Price Range $1,000,000 to $7,950,000

Properties Pending 1

Proerties Sold 1

Sold Price $3,125,000

Save the Downtown Boca Raton Post Office

With so many things being cut these days unfortunately our nice little Post Office has been put up for consideration to close. This Post Office is not only important for the residents of East Boca to get their mail processed its also a very important part of the downtown atmosphere. Please follow the link below to help save our Post Office from being the subject of budget cuts.

http://www.ci.boca-raton.fl.us/SavePostOffice.shtm

One Thousand Ocean - Boca Raton, Florida

Welcome to one of the finest pieces of real estate you will find anywhere in the world. One Thousand Ocean is a seven story building featuring 52 one and two story residences with villa, residence and penthouse options. Each home in the sky features floor to ceiling panoramic views with the finest finishes available. This property is located on the grounds of the Exclusive Boca Resort & Spa, situated right on the point of the Boca Raton Inlet. Spacious balconies feature outdoor kitchens and personal plunge pools. The buildings world class amenities feature an oceanfront fitness center, and an ocean pool and amenity deck. Each unit has a two or three car garage and a private elevator landing.

The Luxuria in Boca Raton, Florida

The Luxuria is Boca Raton's newest Premier Oceanfront building where no expense has been spared. With apartments starting in the 4 million dollar range these units leave nothing to be desired. The building features 26 one of a kind residences including a pair of two story penthouses as well as two single family estate residences. The building sits on a 2.5 acre site featuring 265 ft. of prime Boca Raton beachfront.

A Properties First Showing is on the Internet

Now that just about every buyer starts surfing the Internet to start the home buying process its important when you list your property that you make sure it has alot of high quality photos as well as a professional virtual tour on the listing. Buyers like to look at pictures and they will take the time to watch a well put together virtual tour that shows your home in the best way possible. When the photos and tour are not taken care of the buyers might never make it to your door.