Market Update – January 2019: Boca Raton & Delray Beach

Boca Raton & Delray Beach Market Update

Each slide compares year-over-year data to show trends in the market place. For more information on Absorption Rate and how to determine if the market is balanced or if it favors buyers or sellers, please see “How’s The Market?” (click here for article).

Here is the January 2019 Market Update for Boca Raton

  • Single Family Homes — 6.5 months supply = Balanced Market
  • Townhouse/Condos — 5.6 months supply = Balanced Market

Here is the January 2019 Market Update for Delray Beach

  • Single Family Homes — 6.9 months supply = Balanced Market
    • Almost a Buyer’s Market!
  • Townhouse/Condos — 4.6 months supply = Seller’s Market

For more information, call me at 561.806.8550 or email me at heather.towe@gmail.com!

Jupiter Dream Life Team | The Corcoran Group
Team Lead — Heather E Towe, PA
Broker Associate, REALTOR®, CRS®, CLHMS®, e-PRO®, PSA®
(561) 778-1642 | hello@jupiterdreamlife.com
Licensed to Sell Real Estate in Florida

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