Boca Raton Real Estate
The Boca Raton real estate market continues to be strong. Local realtors have the lowest inventory of Boca Raton homes for sale in years - single-family Boca Raton homes for sale are down 38% from last year!
Why People Move to Boca Raton, Florida
More people and businesses are finding Boca Raton real estate more attractive, due to the lack of an income tax and inheritance tax. The public schools are among the best in Florida and Palm Beach schools were recently ranked third in the country by Expansion Magazine. Private school choices are excellent, and there are many community colleges & universities convenient to Boca Raton real estate.
People are seeking Boca Raton homes for sale to raise their families in, use as vacation homes, or to hedge against inflation for the home/condo in which they plan to spend their retirement years. This is keeping desirable Boca Raton real estate selling very rapidly; the most recent sales satistics show that 62% of all single-family Boca Raton homes for sale sold within 30 days of being listed.
Boca Raton Real Estate Offers Lots of Choices
New construction of Boca Raton homes for sale offers more choices, although these choices tend to be higher in price than most resale homes. The amenities offered by some Boca Raton real estate developments make living in Florida quite luxurious. Reasonable resale properties are harder to come by, and sell very quickly.
Condos, townhomes & villas are going under contract at almost the same speed as single-family homes - 61% are selling in less that 30 days. All in all, Boca Raton real estate prices continue to move upward each month.