Boca Raton Florida Real Estate

Boca Raton is the largest city between West Palm Beach and Pompano Beach, and has a large transplanted Northerner population due to an influx of retirees, snowbirds, and people who have flocked to South Florida from the Northeast, especially from New York City.

Boca Raton is known for beauty and the real estate here is no exception. The city is recognized for its magnificent residential communities and its abundant housing. From a heart stopping mansion to a small bungalow there will be a home within your Boca Raton real estate budget.

Boca Raton is a cosmopolitan city, but has the warmth and friendliness of a small town. Boca’s wide variety of residential communities offer a suitable real estate market and neighborhood atmosphere for all to enjoy.

Are you thinking of buying a piece of Boca Raton Real Estate? With a population just over 78,000, Boca offers many types of real estate including condos, resorts, second homes, and more.

The average price of homes in Boca Raton range from $200,000 to $661,437. Condo units vary in price, but average around $154,131. The average time real estate stays on the market is 90-120 days. The market continues to slow way down in 2006.

Boca Raton Florida real estate prices grew until the spring of 2006 when a leveling of prices began. While some sellers have lowered their prices, most seem to be holding the listed price but will now consider negotiating the actual sale price.

In recent months the Boca Raton home market has more then tripled in the amount of homes coming on the market for sale. Likewise, the condo market is slowing down just as fast. We now see a shift from a sellers market to a buyers market.

Even with the heavy supply of real estate in Boca, the availability of homes in the lower price ranges is still limited. Boca Raton home values are expected to remain stable if not increase slightly, in part because of the decrease in new construction due to less vacant land for new home developments.

Boca Raton Florida Real Estate To Consider

• The Addison Boca - was built in the mid 80’s the Addison still retains the flavor of a first class luxury condominium. Beautiful ocean views, 2 pools, 24 hour security, full concierge service, valet and housekeeping are some of the features that make the Addison one of the finest condos on Boca Raton's beachfront.

• Sea Ranch Club - is South Florida's premier waterfront condominium/townhouse community. The Sea Ranch Club was constructed in 1983 and is comprised of 549 units, 4 buildings of 18 floors and condos ranging 1,400 Sq. Ft. to 5,000+ Sq. Ft.

• The Grande Orchid - is a masterpiece designed and built by Gordon Homes, Inc. and strategically centered around sensational beaches, nearby parks, shopping venues, houses of worship, synagogues, schools, and only minutes away from the I-95 Florida Turnpike and International Airports .

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