Boca Raton Single Family Price Change Trends 2022 - Michael Friedman Broker-Associate eXp Realty - MikeInBoca.com
January 10, 2023
Boca Raton Single Family Price Change Trends 2022
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Single family home prices in Boca Raton have started to shift as of April 2022 as per the Hot Sheet I ran from our local MLS data.
The prices began to level out in March 2022 and have trended downward in a range of 6% to 8% for the second half of 2022.
Boca Raton single family home average price changes for active listings were in the $136,000 to $180,000 range during much of 2H:2022.
As the chart shows, this was a reversal from the continuous upward trend on price changes during 2021 into the first half of 2022 for Boca Raton single family houses.
Affordability has become a bigger concern for home buyers as mortgage rates climbed.
The trends are important when trying to best position your home to sell for the most amount given the market conditions during the time your home is on the market for sale.
When handled optimally, your home will sell quicker, for more money and with less hassle to the home sellers.
If you are thinking of making a move, contact me; for information about my calendar CLICK
Michael Friedman
Broker-Associate, Realtor
eXp Realty
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