48 homes sold in Boca Falls during 2017. Prices ranged from a low of $415,000 up to a high of $820,000. The neighborhood average was $586,000 for a 3200 square foot house with 4 or 5 bedrooms and a 3-car garage. Homes in this price range take a little longer to sell, with a Boca Falls average of just over two months.
That $415K low is the lowest price not related to foreclosure that we’ve seen in Boca Falls in at least three years. The real low in Boca Falls is closer to $450K, and most homes sold for well over $500K.
Differences in Boca Falls are not as dramatic as some other developments like Boca Winds, Loggers’ Run or Mission Bay. The Estates and Crystal Pointe are generally seen as more expensive, mainly because the houses are larger.
Six homes sold in the Cascades subdivision with an average price of $540K. 21776 Westmont Court was the largest at 3250 square feet with 5 bedrooms and the highest price at $650,000. Four 4-bedroom models between 2700 and 3000 square feet sold from $473K to $575K. The smallest home that sold in Boca Falls this year, 12306 Antille Drive with 3 bedrooms and 2 1/2 baths in under 2000 square feet, sold for $475,000.
The average in Crystal Pointe for 2017 was $645,000, held down a bit by one distressed 5-bedroom that sold for $570K. The three highest prices were all on Marigot Drive including two large homes that went for nearly $750,000.
Emerald Isle has the lowest turnover in Boca Falls and only one home sold on Hyland Circle in 2017. 12806 Hyland Circle, a 5 bedroom with 2800 square feet on two floors, sold for $535,000.
Five homes sold on Yardley Drive in 2017, with the biggest price variation among the subdivisions. Two smaller 2500 square foot models sold for just under $450K, while the 4600 square foot 12570 Yardley Drive sold for $820K. Two 3300 square foot also sold, a four bedroom for $522K and a five bedroom for $642K. The average for Emerald Pointe was $574,000.
The Estates had the highest average price for 2017 at $665,000, and also the largest average size at 4000 square feet. Three 3200 square foot homes sold from $570K to $600K. A 3800 square foot 5-bedroom also sold for $590K. Three 4600 square foot models with 4-car garages sold, all for over $700,000, with the highest going for $790K. An even larger 7 bedroom with 5000 square feet on two floors sold for $702,000.
Three one-floor homes around 2700 square feet sold on Torbay Drive and Abington Court from $470K to $540K. Each has four bedrooms and two-car garages.
Prices averaged $575K on Gosier Way and Halstead Drive. There was one distressed 5 bedroom that sold for $497K. Otherwise the transactions started at $515K for a 2700 square foot 4-bedroom up to $725K for a 5-bedroom with 3400 square feet.
Four homes, all five bedrooms, sold in Mystic Bay. One of them was a distressed sale at $495K for a 2800 square foot model on one floor. Two others of the same model sold for $590K and $615K. A 3200 square foot model on two floors with an extra 1 1/2 bathrooms sold for $628,000.
Three one-floor models between 2400 and 2800 square feet sold for $550K to $604K. They all went for more than $200 per square foot and sold in less than seven weeks.
Cascades Pointe Drive and Riverfalls Court are both dominated by two models, both with three full baths and three-car garages. Three of the larger model, 3250 square feet with five bedrooms on two floors, sold for $600K, $605K and $605K. A fourth sale is pending at closer to $620K. The lower priced one is on a corner lot with no waterfront but has substantial upgrades including a new pool.
The smaller model, 2350 square feet with four bedrooms on one floor, had two sales. One at 12372 Cascades Pointe sold for $530,000 in two months. That’s up from $425,000 two years earlier. The other at 12355 Cascades Pointe sold for the very low price of $415,000 after well over a year off and on the market. We may write an article comparing these two properties in the future.