Unlock the Secrets of Boca Raton and Delray Beach's Real Estate Market

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• Boca Raton & Delray Beach Real Estate Update: Market Trends in Just 2 Minutes!
• Housing Market in Boca Raton and Delray Beach
• Florida Housing Market
• Navigating the South Florida Real Estate Market: Essential Tips for Out-of-State Buyers

Hello, Boca Raton and Delray Beach! Exciting times are ahead as the real estate market is stabilizing. However, we’re still grappling with lower-than-usual inventory. Homes are getting snatched up faster, and buyer activity is on the rise as we transition into the latter half of 2023. Expect to see a surge in market dynamics.

Curious about the current real estate market in Boca Raton and Delray Beach? With homes selling swiftly and inventory remaining scarce, now is the perfect time to dive into the latest trends and statistics. Stay ahead of the curve with our September 2023 update!

For a comprehensive understanding of the real estate landscape, don’t miss our monthly series that covers both local and national trends. But let’s focus on what’s unfolding right here in Palm Beach County for now.

In Boca Raton, we currently have 243 active listings. In the last 30 days, 114 homes went under contract, and 108 properties successfully changed hands. The average listing price stands at $971,000, while the average selling price is a close $873,000. Properties are selling, on average, in just 34 days, which is four days faster than in July.

Switching gears to Delray Beach, the scene is equally as dynamic. We have 140 homes currently on the market, 36 homes under contract, and 46 that were sold in August alone. These homes are on the market for an average of 42 days, which is 10 days faster than the previous month, and sold for an average price of $829,000.

As you can tell, the market is anything but stagnant. Homes are selling swiftly, and inventory is scarce. In such a dynamic environment, you’ll benefit from the experience and expertise of a seasoned real estate agent.

Reach out to Alex Mendel with Keller Williams Realty Boca Raton for personalized advice and let’s map out your real estate journey together. Alex firmly believes that when you love what you do, people love what you do. Remember, we are the key to your next home.

Thank you for staying informed with our September 2023 real estate market update for Boca Raton and Delray Beach. If you’re looking to make a move in this dynamic market, contact me, Alex Mendel, with Keller Williams Realty Boca Raton. I’m here to provide you with expert insights and ensure your real estate experience is smooth and successful.

Reach out to me at 561-827-8449, email me at alex@mendelgroupfl.com, or visit palmbeachpropertylistings.com. Don’t wait—your dream home in Boca Raton or Delray Beach is just a phone call away.

Don’t forget to check out our video guide on YouTube for more insights and tips on living in Boca Raton!

Remember, we are the key to your next home!