Current State of the Housing Market | Boca Raton, Florida

Let's take a look at the current state of the housing market here in Boca.

Days on market is at 73 days, up 28% compared to last year, so it's taking a bit longer to sell homes.

Median sales price is up 2.61%, at $590,000.

Absorption rate is at 5.48 month supply of inventory, so we're still in a seller's market.

#marketupdate #marketupdates #april2024 #realestatemarket #realestatemarketchanges #marketchanges #markettrends

If you are thinking about moving to the Boca Raton Florida or the surrounding areas in Florida, we'd love to help! We can help you navigate the Florida real estate market. You can give us a call, shoot over a text, or email. We would love to help you make a smooth move to the Florida!
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🤔 Thinking of Moving to Boca Raton Florida? 🤔
📲 Call or Text: (561) 945-4348
📧 Email: terry@teamterrystory.com
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