If you are participating in real estate marketing or real estate seo in Boca Raton then you need to be aware of the market trends. Boca Raton has experienced a large level of growth over the past five years. With regards to the current market in Boca Raton, you will see a professional real estate marketer can profit off the market which exists in Boca Raton.

A few pieces of statistical information to put the market in perspective are as follows. One piece of info is that the median sales price for a home in Boca Raton from May to August of 2015 was $295,000. If you were to compare the current median sales price of $295,000 to the median sales price for the previous quarter you would see that the median sales price for homes in Boca Raton has increased 8.7% over the previous quarter.

The 8.7% increase of median home sales price is equivalent to a $23,500 increase in the median home sales price. The median sales price for homes in Boca Raton has moved up 11.3% when compared to the median sales price for homes in Boca Raton for the previous year. Median home sales prices in Boca Raton have moved up 43.9% over the previous five year period for the Boca Raton market.

The average price per square foot for the Boca Raton market is at $170. The current average price per square foot for the Boca Raton real estate market is 6.9% higher than it was the previous year. To break that average price per square foot down further, if you are looking at one bedroom homes, then the average price per square foot in August 2015 is $105. If you compare that to the average for a one bedroom home five years earlier then you will see that the average was $61.

For a four bedroom home, the average price per square foot in August 2015 is $191. If you were to compare that to the average price per square foot for a four bedroom home five years earlier, then you would see that the average was $160. If you were to look at the average price per square foot for all homes, which is currently $170, and compare that to the average price per square foot for all homes five years earlier then you would see that the average was $128. That represents an increase of 32.8% per square foot which is a very healthy price movement, and shows that the Boca Raton real estate market is definitely experiencing a boom period.

No Comments

Sorry, the comment form is closed at this time.