January 31, 2023 Florida Real Estate Values Grew More Than Any Other US State In 2022 How Can I Help You? Florida was the top US state for price increases, according to real estate Website Zillow.com. The analysis by Zillow showed the average Florida home value increased 17.27% last year (2022) with an average value of about $405,000. A recent study was performed by Florida Atlantic University (FAU) in conjunction with Florida International University (FIU) and this was a quote from the study, ‘“it is hard to say where prices will go from here in Florida,” said Eli Beracha, Ph.D., of FIU’s Hollo School of Real Estate. “But it seems most likely that Florida housing markets will fare better than most other markets across the country due to the persistent shortage of homes for sale and the pace at which people are relocating to the state.”’ In our area, the local Realtors put out a snapshot report (above) that shows the average year-over-year increase for a single family ...
I am a full-time real estate professional who focuses on the Mission Bay community in West Boca Raton, Florida. My primary areas of focus is on Boca Raton, Delray Beach and Boynton Beach; however, I have worked with customers to the north up to Port St. Lucie, Florida and further south into Broward County and Dade County as well. I estimate the median home value in Mission Bay increased almost 30% on a trailing twelve month basis in January 2023 over January 2022. Mission Bay homes were selling quickly at an estimated median time of 20 days at the beginning of the year 2023.. The median home sold in the Boca Raton community of Mission Bay was $645,000 by my estimate on a trailing twelve month basis in January 2023. Home sales in Mission Bay Boca Raton for the month of January 2023 as per the MLS was as follows: 10482 Mateo Court RX-10850192 Reflections 10393 Lake Vista Circle RX-10851259 Reflections 10860 La Salinas Circle...
As a real estate agent who specializes in selling homes in Mission Bay West Boca Raton, I monitor Mission Bay homes sales activity. During the month of December 2022, I estimate the average home sales price for the trailing 12 month period was $654,334. I estimate home prices rose by 27.21% on an annual basis in December 2022 for the Mission Bay Boca Raton development. There were two home sales in Reflections section of Mission Bay; one in the Las Flores Subdivision of the West Boca Raton community; one home sold in The Isle subdivision of the Mission Bay Development and one home sold in Laguna section of Mission Bay during December 2022. 20508 Via Marisa 10514 Lake Vista Circle 10201 Via Hibiscus 20408 San Rafael Court 10714 Santa Laguna Drive Give me a call if you are thinking of selling your home in Mission Bay Boca Raton. Let's discuss how I can get you the most money. Michael Friedman Broker-Associate, Realtor eXp Realty www.MikeInBoca.com
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