Page 9 - IPRE Luxury Report

BOCA RATON & DELRAY BEACH
BEACH TOWN | GOLF | ENTERTAINMENT
Boca Raton truly has it all. Beaches and golf courses, fine hotels and wondrous art museums, jazz clubs and concerts at Mizner Park, the glittery Town Center at Boca Raton shopping mall with 220 upscale and elite specialty shops, and, elsewhere around town, countless family-owned boutiques.
Delray Beach is a first-class resort destination and a diverse, vibrant community situated on the Atlantic Ocean. A small and intimate town with big-city sophistication, Delray Beach was voted Most Fun Small Town in America by USA Today.
Single Family Homes
SINGLE FAMILY HOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average DOM
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
283
$2,160,842
$1,650,000
3,648
$586
40
39
$10,500,000
$611,518,198
2023 Q2
355
$2,599,614
$1,775,000
3,751
$658
67
39
$22,600,000
$922,863,080
2023 Q3
307
$2,458,109
$1,765,000
3,732
$638
62
41
$23,500,000
$754,639,567
2023 Q3
58
$1,954,899
$1,600,000
2,357
$847
72
4
$6,000,000
$113,384,123
% CHANGE (YEAR)
▲8.5%
▲13.8%
▲7.0%
▲2.3%
▲8.9%
▲56.6%
▲5.1%
▲123.8%
▲23.4%
% CHANGE (YEAR)
▲5.5%
▲5.4%
▲10.3%
▼1.5%
▲9.5%
▲61.2%
▼63.6%
▲20.0%
▲11.2%
% CHANGE (QUARTER)
▼13.5%
▼5.4%
▼0.6%
▼0.5%
▼3.0%
▼7.3%
▲5.1%
▲4.0%
▼18.2%
% CHANGE (QUARTER)
▼51.7%
▼10.1%
▲0.0%
▼0.6%
▼5.8%
▼7.6%
▼73.3%
▼39.7%
▼56.5%
Condos & Townhomes
CONDOS/TOWNHOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average DOM
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
55
$1,854,287
$1,450,000
2,392
$773
44
11
$5,000,000
$101,985,806
2023 Q2
120
$2,174,537
$1,600,000
2,372
$898
77
15
$9,945,000
$260,944,400
TOP RESIDENTIAL SALE $23.5M
2408 E MAYA PALM DR, BOCA RATON, FL 33432
ILLUSTRATED PROPERTIES | IPRE.COM