Boca Isles, Boca Greens, Saturnia, Shores: 2020 Real Estate

The first half of 2020 shows wide variation based on neighborhoods. Homes in Saturnia, Boca Isles both sold well. Boca Greens continues to surge with more sales at higher prices. There was less activity in The Shores but pricing remains strong for sellers.

Saturnia

Saturnia homes sold well in 2019 and that continues in 2020 so far. Sixteen homes have closed this year, ahead of the 2019 pace. Prices are on par with last year or a bit higher.

Four homes sold for $700,000 or more with a top price of $790,000 for 19276 Natures View Court. It has 5 bedrooms and 3 baths in 3500 square feet. That matches the top price last year, also on the same street.

The same model at 19251 Creekshore sold for $780,000. Both have 3-car garages, private pools and water views.

Others in the 7s include:

  • 11827 Bayfield – 6 bedrooms, over 4700 square feet, $750,000
  • 19450 Saturnia Lakes – $700,000 for 5 bedrooms in 3500 square feet

The lowest price was $530,000 for 19477 Estuary, a 4-bedroom with 2700 square feet. That’s $35,000 over the low price in 2019.

A total of 7 houses sold under $600,000. Four of them were close in price between $530,000 and $545,000. Another group of four homes sold in a range from $620,000 to $635,000.

Median price was $621,000 and the average price was slightly higher at $629,000. All homes sold in Saturnia had at least 4 bedrooms and at least 3 full bathrooms. All but 3 of the homes had 3-car garages.

5 transactions are in some form of pending status. As elsewhere inventory is low. There are 4 homes listed at the moment with prices from $570,000 to $700,000.

On average homes took nearly 4 months to sell. 9 listings failed in the first half of the year, either expired or canceled.

Boca Isles

Boca Isles also saw increased volume in the first half of 2020 with 34 closed transactions. That’s more than half of the 53 deals in 2019.

Boca Isles North was busier with 20 homes sold, while Boca Isles South had 14 sales.

Both communities had fairly similar pricing. Boca Isles North deals averaged $566,000, a bit higher than the $564,000 in Boca Isles South. Pricing in Boca Isles North was also slightly higher on a dollars per square foot basis.

The biggest sale price was for 20130 Palm Island at $725,000 for a 5 bedroom with 3400 square feet, in Boca Isles South. Just a few doors down the slighty smaller 20160 Palm Island sold for $670,000.

The highest price in Boca Isles North was for 19239 Redberry, a 6-bedroom over 3400 square feet that sold for $710,000 after 7 months on the market. 19243 Bayleaf, a 5 bedroom under 3000 square feet, was next at $675,000.

For statistics geeks the median price in Boca Isles North was much higher at $582,000 vs $518,000 in Boca Isles South.

The lowest price was $413,000 for a 2100 square foot 3 bedroom at 19448 Preserve in Boca Isles North. The same model sold for $499,000 at 10856 Tea Olive.

20144 South Key Drive was the low price in Boca Isles South at $440,000 with 4 bedrooms and 2600 square feet. A large 5-bedroom went for $468,000 in a short sale at 20216 Ocean Key.

In both communities the average home took 2 1/2 months to sell. Inventory is low, particularly in Boca Isles North with only 3 homes listed ($530,000 – $745,000). There are 6 listings in Boca Isles South ($515,000 – $700,000).

Each neighborhood has 7 listings in some form of pending status. 6 listings failed in Boca Isles North and another 10 listings failed in Boca Isles South.

Boca Greens

Boca Greens entrance from US-441; image by Google.

Boca Greens homes have been rising in price for years and 2020 continues that trend. 21 homes sold in the first half of the year and prices jumped higher.

In 2019 four homes sold over $500,000 for the whole year. In the first six months of 2020 five homes have already sold over $500,000. Two homes sold for over $550,000, over last year’s top price under $540,000.

10370 Camelback was the big winner, selling for $565,000. It’s a 4-bedroom with 2500 square feet.

Just below that, 20202 Back Nine Drive sold for $555,000, a 3-bedroom home with 2500 square feet.

The low price was $290,000 for 19740 Back Nine Drive, an 1800 square foot 3-bedroom. The low in 2019 was $257,000.

The median price was $447,000 up from $429,000 last year. The average price was similar at $446,000.

While the average home took nearly four months to sell, that’s affected by two outliers which took over 500 days each. Leaving those two out, the average was closer to 2 months.

There are only 8 homes listed in Boca Greens ($430,000 to $650,000). 6 deals are pending and 6 listings failed.

The Shores

The Shores at Boca Raton saw only 7 transactions in the first half of the year, below the 2019 pace. 25 homes sold last year.

Prices continue to rise in The Shores. 11102 Blue Coral Drive broke the 700 ceiling at $715,000 with 5 bedrooms and 3400 square feet. Last year the top deal was $680,000 for a larger house.

11166 Sea Grass Circle was the low price at $392,000 for 3 bedrooms in 2100 square feet. This is substantially higher than the bottom two from 2019 ($330,000 and $375,000).

It’s a big jump up to the next deal at $490,000 for 11155 Sea Grass Circle (4 bedrooms, 2600 square feet). Last year several homes sold for less than that.

The media price so far in 2020 is $549,000.

Homes are selling fast, in less than 2 months. A couple listings failed, and 3 are pending.

4 homes are listed at the moment with prices from $525,000 to $570,000.

Loggers’ Run Home Sales Slow

Loggers’ Run saw 15 single family homes sales along with 10 Timberwalk townhomes in the first half of 2020. This is a huge drop from the pace in 2019 when 61 single family homes sold for the full year.

Loggers’ Run Single Family Homes

The median sale price for single family homes dropped nearly $30,000.

21406 Sweetwater Lane; image by Google

As with last year there was one big transaction. 21406 Sweetwater Lane sold for $885,000. The 5-bedroom, 4-bath house has over 4500 square feet of living space.

From there it was a drop of over $350,000 to the next homes in Island Lakes.

20650 Bay Brooke Court (top) and 11161 Island Lakes Lane (bottom); image by Google

Homes in the Island Lakes gated subdivision continue to get good prices. 20650 Bay Brooke Lane sold for $530,000, while nearby 11161 Island Lakes Lane sold for $515,000. Both homes have 4 bedrooms, 2 1/2 baths and 2400 square feet.

It was a small drop from there to a few sales in the Cimarron and Indian Head subdivisions.

21479 Woodchuck Way

Cimarron’s 21479 Woodchuck Way sold for $477,500 with 4 bedrooms with just over 2200 square feet.

21044 Shady Vista Lane

For just a tiny bit less, 21044 Shady Vista Lane in Indianhead sold for $477,000, also with 4 bedrooms but under 2100 square feet.

21784 Little Bear Lane

Back in Cimarron, 21784 Little Bear Lane sold for $465,000. This is another 4-bedroom but with 3 full baths and a quiet location. The house has nearly 2300 square feet.

The remaining transactions were all $400,000 or less. The median deal (half priced higher, half priced lower) was 11386 Shiloh for $398,000, a 4-bedroom with under 2000 square feet. Most homes sold in less than a month.

  • 11312 Little Bear Way – $400,000, 3 bedrooms, 1800 square feet.
  • 21506 Summertrace – 4 bedrooms, 1900 square feet, $395,000
  • 11683 Quiet Waters – $395,000, 3 bedrooms, 1700 square feet
  • 21464 Summertrace – 4 bedrooms, 1900 square feet, $383,000
  • 21299 Purple Sage – $380,000, 4 bedrooms, 1600 square feet
  • 20999 Shady Vista – 3 bedrooms, 1800 square feet, $370,000
  • 11424 Whisper Sound – $345,000, 3 bedrooms, 1600 square feet
  • 11472 Whisper Sound – $325,000, 3 bedrooms, 1400 square feet

Timberwalk Townhomes

Nearly all transactions were between $250,000 and $300,000, with two units selling for less. One was a bank-owned (post-foreclosure) home.

The average and median price were both around $258,000. Most are 1200 square foot models with a few over 1400 square feet.

  • 22378 Cypresswood – $300,000, 3 bedrooms, 3 baths, 1400 square feet
    — All the rest have 2 full baths
  • 22688 Vistawood – 4 bedrooms, 1450 square feet, $275,000
  • 11725 Timbers – $271,000, 3 bedrooms, 1200 square feet
  • 11436 Orange Blossom – 1230 square feet, 2 bedrooms, $268,000
  • 22303 Misty Woods – $258,000, 3 bedrooms, 1470 square feet
    — All the rest are 1200 square feet
  • 22294 Misty Woods – 3 bedrooms, $255,000
  • 11739 Timbers – $250,000, 3 bedrooms
  • 22609 Vistawood – $250,000, 2 bedrooms
  • 11720 Timbers – Bank-owned – $235,000, 3 bedrooms
  • 22281 Timberly – $215,000, 2 bedroom

The average home sold in 20 days. The longest took two months.

Mission Bay Real Estate 2020 Through June

25 single family homes sold in Mission Bay so far in 2020. Single family volume is down, there were fewer high-end deals, but low price deals nearly vanished and the average transaction price jumped up.

Townhome transactions accelerated with 12 in just 6 months. The average price was down slightly.

Single Family Homes in Mission Bay

20348 Hacienda Court

As usual some of the highest prices were in the Cordova Estates subdivision. 20348 Hacienda Court was the top deal, selling for $592,000. The four-bedroom, three-bath house has 2650 square feet, and a screened-in pool.

20284 Hacienda Court

On the other side of the circle, 20284 Hacienda Court sold for $570,000 with the same floor plan.

In 2019 three homes in Mission Bay sold for over $600,000, so prices at the high end fell off a bit.

11173 Harbour Springs

On the south side of Glades Road, 11173 Harbour Springs sold for $520,000 with five bedrooms and three baths in 2900 square feet.

Seven other homes sold for more than $500,000:

  • 10738 Santa Rosa – $565,000 for 5 bedrooms in 2800 square feet
  • 10750 Haydn – 4 bedrooms in 2700 square feet for $555,000
  • 20561 Sausalito – $530,000 for 4 bedrooms in 2560 square feet
  • 20296 Hacienda – 4 bedrooms, 2560 square feet, $525,000
  • 10837 Ravel – $520,000, 4 bedrooms, 3100 square feet
  • 10610 Wheelhouse – 6 bedrooms, 3050 sq.ft., $507,000 – took nearly two years to sell
  • 20940 Avenel Run – $505,000, 4 bedrooms, 2800 square feet

The median transaction was the $471,000 sale of 10520 Wheelhouse Circle in Regatta, a four-bedroom house with 2400 square feet. The average price was $470,000 at $190 per square foot.

Most homes sold in two months or less. Taking out the unusually slow transaction at 10837 Ravel, the average sale took less than one month.

Other deals above $400,000 were:

  • 10903 Ravel – $480,000, 4 bedrooms, 3000 square feet
  • 10885 La Salinas – 4 bedrooms, 2260 square feet, $475,000
  • 11103 Baybreeze – $455,000, 4 bedrooms, 2650 square feet
  • 11107 Baybreeze – Same floor plan, $450,000
  • 10920 Haydn – $445,000, 5 bedrooms, 2300 square feet
  • 10982 Ravel – 3 bedrooms, 2150 square feet, $440,000
  • 20252 Monteverdi – $431,000, 5 bedrooms, 2300 square feet
  • 10719 Avenida Santa Ana – 4 bedrooms, 2100 square feet, $425,000
  • 20364 Vera Cruz – $415,000, 4 bedrooms, 2600 square feet
  • 11106 Harbour Springs – 4 bedrooms, 2000 square feet, $415,000

Four homes sold for $400,000 or less. This is a big change from last year when 21 homes sold in that pricing over the full year.

  • 10592 Mendocino – $400,000, 3 bedrooms, 1900 square feet
  • 10981 Ravel – Short sale, $369,000, 4 bedrooms, 2200 square feet
  • 10298 Buena Ventura – 3 bedrooms, 1900 square feet, $350,000
  • 10480 Mateo – $320,000, 3 bedrooms, 1600 square feet

Mission Bay Townhomes and Villas

The average price for townhomes and villas fell to $288,000, but that average was pulled down by a bank-owned home and an unusually small unit. Taking those two out of the calculation leaves the average price the same at $301,000.

Four townhomes sold over $300,000:

  • 10412 Lake Vista – $340,000, 2 bedrooms, 1660 square feet
  • 10540 Lake Vista – 3 bedrooms, 2000 square feet, $335,000
  • 10440 Plaza Centro – $328,000, 3 bedrooms, 2000 square feet
  • 20970 Via Azalea – 4 bedrooms, 1800 square feet, $302,000

Four more units sold just under $300,000:

  • 20487 Via Marisa – $298,000, 2 bedrooms, 1250 square feet
  • 10430 Lake Vista – 3 bedrooms, 1400 square feet, $295,000
  • 10455 Lake Vista – 3 bedrooms, 1400 square feet, $290,000
  • 20950 Via Alamanda – $290,000, 3 bedrooms, 1600 square feet

The last four homes sold over a broader range:

  • 10470 Lake Vista – $277,000, 3 bedrooms, 2100 square feet
  • 10456 Lake Vista – 2 bedrooms, 1400 square feet, $257,000
  • 10360 Courtside – $242,000, 2 bedrooms, 800 square feet
  • 10376 Lake Vista- 2 bedrooms, 1400 square feet, $207,000Bank-owned

Boca Winds Home Sales: 2020 So Far

26 homes sold in Boca Winds in the first half of 2020. The pace is similar to 2019, but prices fell significantly. The highest transaction price was $500,000, far below the 2019 top of $650,000.

22250 Kettle Creek Way

The high price so far for 2020 is 22250 Kettle Creek Way, which sold in March for $500,000 even. It’s a four-bedroom, three-bath house in 2250 square feet with a lake view and private pool.

Six other homes sold for prices over $450,000, all with four bedrooms.

22268 Collington Drive

Nearby 22268 Collington Drive sold for $497,500. The house has 2550 square feet on two floors with three bathrooms. There’s no lake view but it does have its own pool.

Others priced over $450,000 include (all 4 bedrooms):

  • 21838 Palm Grass$485,000 for 2400 square feet
  • 12328 Saint Simon Drive – 2300 square feet – $475,000
  • 22050 Flower Drive$470,000 for 2300 square feet
  • 22480 Middletown – 2100 square feet, $465,000
  • 12181 Quilting$465,000 for 2300 square feet

The Boca Winds median home closing price so far in 2020 is about $415,000, with an average price of $422,000. Nine homes sold with prices from $400,000 to $445,000.

  • 22251 Kettle Creek Way, across from the top priced home, sold for $445,000 with 4 bedrooms and 3 bathrooms in nearly 2600 square feet.
  • 22040 Aqua Court, $443,000, 3 bedrooms, 2 baths, 2000 sq. ft.
  • 22090 Flower Drive, 3 bedrooms, 2 1/2 baths, 2100 sq.ft. for $425,000
  • 22059 Flower, 4 beds, 2 baths, 2000 square feet, $422,000
  • 22468 Middletown Drive, 2100 square feet with 4 bedrooms, $415,000
  • 22359 Collington, 2500 square feet, 4 bedrooms, $415,000
  • 12059 Rockwell Way, $410,000 for 3 bedrooms in 1800 square feet
  • 12841 Smithdale, a 1600 square foot 3-bedroom for $400,000

Also the highest price in Ashley Park was $412,500 for 22554 Blue Marlin Drive with 4 bedrooms and 2400 square feet.

Ten homes sold under 400,000 with the lowest price at $370,000.

22720 Pickerel Circle

The highest price in dollars per square foot goes to 22720 Pickerel in Ashley Park, a 3-bedroom with under 1400 square feet that sold for $379,000. That works out to over $270/square foot. The overall average for Boca Winds in the first half of the year was $206 per square foot. There were no bank-owned home sales and no short sales.

The other nine below $400,000 were:

  • 12317 Cabot, 2100 square feet, 4 bedrooms for $399,000
  • 22520 Middletown, 3 bedrooms in 1800 sq.ft. for $389,000
  • 22064 Altona – 3 bedrooms, 1800 sq.ft., $389,000
  • 22682 Pickerel $388,000 for 4 bedrooms in 1700 square feet
  • 22454 Sea Bass – 4 bedrooms, 2400 square feet, $385,000
  • 22473 Middletown – 2100 sq.ft., 4 bedrooms, $385,000
  • 22679 Pickerel$375,000 for 4 bedrooms in 2000 square feet
  • 22353 Sea Bass – 3 bedrooms, 1700 sq.ft, $373,000
  • 22552 Middletown – 3 bedrooms, 1600 sq.ft., $370,000

Boca Falls Real Estate: 2020 So Far

Prices are rising in Boca Falls with 18 homes sold in the first half of 2020. That’s on pace with 2018 but below 2019’s rush of deals.

Three homes sold for over $700,000 so far this year with 21713 Marigot in Crystal Pointe at the top.

21713 Marigot Drive

21713 Marigot Drive sold for $750,000. The 4 bedroom, 3 1/2 bath house is all on one floor with a 3 car garage. It has nearly 3500 square feet, a private pool, but no water view.

The price is $115,000 higher than its previous transaction in 2013 after a new roof and extensive remodeling. It also sold a lot quicker, in only 25 days. The 2013 listing took nearly a year to find a buyer.

21265 Rock Ridge

In the Estates subdivision, 21265 Rock Ridge Drive sold for $725,000. This one-story has 5 bedrooms and 4 1/2 baths in 3800 square feet, with a private pool and a 3 car garage.

12456 Antille

The third member of the 700 Club is 12456 Antille, selling for $716,000 with 5 bedroom and 3 baths on 2 floors and over 3250 square feet. The brand new roof and gorgeous remodel definitely helped get that big price.

Overall for Boca Falls the median price of $587,000 is up nearly $20,000 from the 2019 median. The average transaction closed at over $190 per square foot.

Four homes sold in the 600 Club:

  • 21327 Falls Ridge, $695,000 for 5 bedrooms in 3800 square feet
  • 12402 Cascades Pointe, $675,000, 5 beds, 3 baths, 3250 square feet
  • 21642 Marigot Drive, $650,000, 4 beds, 3 baths, 3100 square feet
  • 21347 Gosier Way, $625,000, 4 bedrooms in 3400 square feet

For all of Boca Falls, the average transaction took 74 days. This can be misleading as some homes are taken off the market and come back on later.

The largest block was homes selling for prices over $500,000 up to $600,000.

  • 21271 Falls Ridge Way: $595,000, 5 bedrooms, 3200 square feet
  • 12731 Yardley: $588,000, 5 bedrooms, 3200 square feet
  • 21280 Rock Ridge: $585,000, 4 bedrooms, 3200 square feet
  • 21594 Halstead: $585,000, 6 bedrooms, 3850 square feet
  • 12253 Rockledge Circle: $570,000, 4 bedrooms, 2500 square feet
  • 21420 Gosier Way: $558,000, 4 bedrooms, 2700 square feet
  • 12763 Hyland Circle: $553,000, 4 bedrooms, 3350 square feet

From there it was a big drop in price to the last group of home sales. Two “normal” transactions were 12396 Clearfalls for $500,000 (4 bedrooms, 2450 square feet) and 12420 Rockledge Circle ($465,000, 4 bedrooms, 2300 square feet). In dollars per square foot that’s actually above average for the neighborhood in 2020.

There were two bank-owned homes, usually sold by the banks after foreclosure.

12660 Yardley, a 4 bedroom with 3350 square feet sold for a reasonable $466,000. This was previously transferred to the bank by a deed in lieu of foreclosure.

12337 Cascades Pointe Drive was the bottom, a small 4 bedroom selling for $399,900.

Taking those two out of the numbers would raise the average selling price about $20,000.