Boca Chase Home Prices Rise

Boca Chase entrance on US-441; image by Google.

The average home sale price in Boca Chase rose to over $341,000 for 2017. Prices ranged from the low $200s in Greenbriar to the mid $400s in the various Corals and Impressions on the west end of Boca Chase Drive. The average price is somewhat misleading as it includes the 55+ communities of Greenbriar and Waterberry, which sell for less. Removing those raises the average to $380,000.
Nearly sixty single family homes sold for the year. The lowest price was an even $200,000 for a 1400 square foot 2-bedroom in Greenbriar at 18075 102nd S Way. A total of twenty homes sold under $300,000. Twenty-eight houses sold for prices between $310,000 and $398,000.
18075 102nd S Way sold for $200,000; image by Google.

At the high end for the 55+ homes, 18108 102nd Way South sold for $310,000. The cul de sac house has 1700 square feet.
Outside the 55+ homes, only two houses sold for less than $300,000 and one of those was an REO home coming out of foreclosure, while the other was 400 square feet smaller than most of the others. These houses averaged $170 per square foot. Sales happened in an average of 6 weeks or less.
11313 Coral Reef Drive sold for $460,000 in October. Image by Google.

Twelve houses sold for over $400,000, all of them with four bedrooms. Two homes broke the $450,000 level.

Author: Warren Redlich

Warren Redlich is a real estate agent and an attorney. He focuses on selling homes in West Boca Raton. Find out more at Yes Boca Real Estate.