What's Hot in West Boca Real Estate? First Quarter 2018


If you’re thinking of selling your home, now is the time for certain neighborhoods in West Boca. Inventory is sparse in Boca Winds, Palmetto Pines, Boca Springs, Tudor Woods and Lexington Estates. With few homes on the market, there’s less competition among sellers and so it’s a good time to list your home.
If you’re in a more competitive neighborhood and you need to sell, it won’t be easy and you will need to price aggressively. The toughest communities for sellers right now are high end ones like Long Lake Estates and The Oaks, golf course communities including Stonebridge and Boca Woods, and also Avalon and Saturnia Isles.

Call/Text Warren at 518-225-3710 or e-mail warren@westbocanews.com.

Boca Winds
As of the beginning of April there are only 10 homes listed in Boca Winds. That’s less than 1% of all homes in the development.
The market was good for sellers in the first quarter. Ten homes sold with only one home going for less than $300,000. That sold in 3 days after it was listed well below its value. A similar house on the same street sold for $350,000 in only 12 days.
Six of the ten homes sold for over $400,000. 22257 Vista Lago Drive was the highest, selling for $680,000 with 6 bedrooms in 3500 square feet in great condition and with a spectacular lake view.
Boca Falls
Boca Falls is a little more competitive with 18 homes listed or about 2.5% of the homes in the development. That’s up from 16 homes only a few days ago.
8 homes sold in the first quarter with prices from $505,000 up to $735,000. No sales have been completed since February 15th.

Loggers’ Run
There are 13 single family homes listed in Loggers’ Run right now, all of them north of Palmetto Park Road. Certain sections have few or no listings and might be less competitive, including Island Lakes, Ponderosa, Tamarron and the Winding Lakes subdivisions.
In the first quarter 18 homes sold. A few in Crystal Cove and Winding Lakes III sold for over $600,000. The others ranged from a lowball $295,000 for a small house in Country Landing I up to $455K for a 2000 sq.ft. home in Country Landing IV. Three other sales were over $400,000 and the rest were from $330K to $390K.
Three townhomes sold in Timberwalk, all for close to $260,000. There is only one townhome listed right now, so again a good time to put your home on the market if you’re thinking of selling.
Mission Bay
Mission Bay is a little more competitive for sellers with 22 single family homes listed and 4 townhomes. Five townhomes sold in the first quarter, all for between $274K and $300K.
10 single family homes sold mostly priced from $375K to $495K. There was one sold low at $321,000 in Laguna. You know it’s trouble with the first 17 photos are of the HOA amenities.
Also one larger home in The Isle sold for $630,000.
Call/Text Warren at 518-225-3710.

Boca Isles
Boca Isles has 18 homes on the market, three of them added yesterday. That’s a reasonable 2% of the two developments. 11 homes sold in the first quarter, 8 of them in Boca Isles South and 3 in Boca Isles North. Two sold for under $400K including one bank-owned and one poorly marketed. Most of the sales were over $500,000 with two larger homes (5 bedrooms, 3200 square feet) selling for over $600,000. Also of note, most homes sold in less than two months.
While there is competition in Boca Isles, it’s still a good time to list because the homes are selling.
Palmetto Pines, Boca Springs and Tudor Woods
Another potentially hot area for sellers is Palmetto Pines and Boca Springs, with only 8 homes listed right now. Inventory is very thin and there were only 3 homes sold in the first quarter of the year. Prices are up a bit. Two small houses in Palmetto Pines (aka Holiday City) both sold for over $300,000 ($301K and $340K) and one somewhat larger REO (bank-owned) house in Boca Springs sold for $319,000. REO homes generally sell much lower than market price.
Most homes in these two neighborhoods will not get more than $400,000, but two in Boca Springs did sell for above that number in 2017. In Palmetto Pines the highest price we’ve seen recently is $355,000. If you price too high your house won’t sell quickly.
Tudor Woods has only one home listed. Five fairly small “patio homes” sold in the first quarter from $235K up to $250K.
Lexington Estates and Allegro
Lexington Estates may be a prime selling area this spring. Four homes in the neighborhood sold in the first quarter, three of them at prices around $470K with one REO at $382,000. Only two homes are listed, both priced high at over $500K. If you list at $499K you should get a buyer within 3 months.
Allegro is just south of Lexington Estates with smaller houses. Three of them sold in the first quarter priced closely between $320K and $340K. All sold in less than two months. There are two homes on the market now. One is very small and listed at $319,500 while the other is average size for the neighborhood at 2000 square feet listed for $394,000. Both seem overpriced, so a reasonably priced listing should sell quickly.
This leads to another tip. If you’re going to list your house higher than market value, you should use quality photos in the listing.
The Shores and Saturnia
The Shores and Saturnia are both a bit more saturated with roughly 3% of the homes listed in each.
In The Shores, 11 homes are listed. There were 6 sales in the first quarter with prices from $402,000 to $550,000.
Saturnia has 12 homes listed. There were 7 sales since the start of 2018. Price pressures have had an effect as nothing is selling for more than $700,000. While this is bad for sellers, buyers are getting some amazing bargains. If you’re a looking for a great deal on a large home in excellent condition, Saturnia is the place to look.
Lakes at Boca Raton
6 homes on the market in Lakes right now. That’s not many. Good time to go on the market if you’re thinking of selling.
7 sales in the first quarter, prices from just over $300K up to $455K. Most of those sold in under 2 months. But one house took 7 months.
Palma Vista and Avalon
Avalon (aka Parkview) is tough for sellers right now with 5 homes listed in a small neighborhood. There was only one sale in the first quarter at $585,000.
Palma Vista is a little better but still challenging with 3 homes listed. 2 homes sold in the first quarter, one for $560,000 with 3100 square feet and a larger 3700 square footer selling for $655,000.
Timbers of Boca, Pine Springs and Escondido
Timbers of Boca has no homes listed. Pine Springs has one, and Escondido has one as well.
Timbers saw one home sold in the first quarter, 1800 square feet for $385,000. Two sold in Pine Springs with prices just above $300K. A 2000 square foot home in Escondido sold for $345,000.
Boca Lago
58 homes are listed in Boca Lago. There were 31 sales in the first quarter. 16 of the transactions were under $200,000, while four were over $300K.
Meadow Lakes
Meadow Lakes could be a sellers’ opportunity now with only two homes listed, both near $350,000. Nothing sold in the first quarter and three somewhat larger homes sold in 2017, priced between $359K and $393K.
Boca Reserve
Boca Reserve, a fairly new community just west of Loggers’ Run, is saturated right now with 4 listings out of only 44 homes. No homes sold in the first quarter and only 2 homes sold in 2017.
Boca Chase
There are 7 regular single family homes listed in Boca Chase right now, along with 2 more houses and 12 townhomes and villas in the 55+ sections.
12 single family homes sold in the first quarter (2 of them 55+). 7 townhomes also sold. For non-55+ single family homes, most sold for $360K up to $460K. There was one significantly smaller house that sold for $318K.
American Homes, Southwinds, Lake Ridge, Whisper Walk and Boca Fontana
We see 25 single family homes on the market in the area from Lake Ridge to Kimberly. There are 13 townhomes for sale in Whisper Walk, and none currently listed in Boca Fontana.
Two townhomes sold in Boca Fontana in the first quarter for $275K and $300K. Sold prices were $200K and less in Whisper Walk.
27 single family homes sold since the start of the year. The highest prices were in Boca Landings North with three homes selling for over $450,000. A few others sold for $410,000. Everything else was under $400K, with only two houses under $250K.
Saturnia Isles, Rio Poco, Tierra Del Rey and Bridges/7 Bridges
Up 441 in southwest Delray, there are 19 homes listed in Saturnia Isles right now, or about 5.5% of the homes in the development. Six homes sold in the first quarter, most over $600,000 and two of them going for just over $700,000.
There are 5 homes listed in Rio Poco and another 11 in Tierra Del Rey. Three homes sold in Rio Poco in the first quarter with prices from $825K up to $1.6 million. There were no sales in Tierra Del Rey, another expensive community where sellers are struggling.
In The Bridges and 7 Bridges there are 56 homes listed for sale right now. That’s roughly 5% of the homes in both developments. 18 homes sold there in the first quarter, including a 8000 square foot beauty for $3.2 million in 7 Bridges. 6 more sold for over $1M while 11 went for under $1M, 4 of them under $800K and one bargain at $665K in a corporate relocation.
The Oaks and Long Lake Estates
Sellers are having a tough time in these two high end neighborhoods. 13% of the homes are listed in Long Lake Estates (17 homes) and 10% (44 homes) are listed in The Oaks.
The Oaks has had 7 sales since the start of the year with a nearly 10,000 square foot mansion going for just over $2M, 3 more selling over $1M, and one 4700 square foot bank-owned home selling for only $500,000, probably due to a history of Chinese drywall.
Long Lake Estates had two sales in the first quarter, a 4700 square foot 4 bedrooom for $1.1M and a 5400 square foot 5 bedroom for $1.2M.
Boca Woods, Stonebridge and Mizner Country Club
There are 40 homes listed in Boca Woods, or about 6% of the homes, and there were 10 sales in the first quarter. Five sold for under $100K while two managed to sell for just over $300K. There were three other sales between $235K and $285K.
For Stonebridge we see 36 listings or about 10% of the homes. There were only 6 sales in the first 3 months of the year. Prices were quite varied with one selling for only $95K, another selling for nearly $500K, and the remaining four selling between $225K and $370K.
Prices are holding up better in Mizner Country Club (Lyons north of The Bridges) but there are 57 homes listed (12% of the homes) and only 4 homes sold in the first quarter. Two large houses sold for $1.1M and $1.25M, while two somewhat smaller 4500 square foot homes sold for $950K and $450K (bank owned).

February Real Estate Update for West Boca


What Sold?
Just a quick update on the West Boca real estate market at the end of February. 274 homes have sold this year so far, 176 of them (including 141 condos, townhomes and villas) for less than $300,000.
75 homes sold for prices between $300K and $500K, all but three of them single family homes.
From $500K to $800K there were only 16 transactions, 9 of them in Boca Falls with 4 more in Boca Isles and 2 in Saturnia.
Over $800,000 there were 7 transactions all near Clint Moore with 3 in The Oaks, 2 in Long Lake Estates, 1 in Le Rivage and the most expensive one in Horseshoe Acres by auction for $3.1 Million, well off the list price of $4.35M.
What’s For Sale?
West of the Turnpike and south of the Delray line there are currently 802 homes on the market including 396 single family homes, 112 townhomes and villas, 287 condos and 7 mobile homes.
447 homes are listed for $300,000 or less, mostly condos and townhomes.
Between $300K and $500K there are 193 homes, nearly all of them single family.
In the $500K-$800K range there are 86 for sale, all single family homes. They tend to be in specific neighborhoods including Boca Falls, Boca Isles, Saturnia, The Shores, The Oaks and Avalon, with a smaller number in Boca Winds, Boca Reserve, Palma Vista, Loggers Run and Mission Bay.
76 homes are listed above $800,000, concentrated in The Oaks and Long Lake Estates.
Did You Notice?
In the sub-$300K market the number of transactions was more than 60% of the number listed. Homes under $300K sell fast. Keep in mind the sales are over a two month span.
In the lower middle range between $300K and $500K this drops to less than 40%. From $500K to $800K it drops to less than 20%. And over $800K the number of sales in that two month window is less than 10% of the number listed.
This should not be a surprise but less expensive homes sell more quickly. At the high end the market is so saturated with homes for sale that it gets very tough to get a good price for your house and it may not sell at all. You have to be patient. If you need to sell quickly, you may have to price it below market value.
Saturation
When a lot of homes in the same community are on the market, it’s harder for a seller to stand out and get full value for their home. Buyers have a lot of other choices.
In The Oaks 10% of all the homes in the development are listed for sale. The country clubs are similar. 11% of the homes in Stonebridge are on the market. Boca Woods is doing a little better at 6% on the market. Avalon has 6% listed.
Perhaps the most saturated is Le Rivage, a small superluxury development on the northeast corner of Lyons and Clint Moore, where 5 of the 18 houses (28%) are listed for sale. Prices range from $2M up to $3.75M. Across the street Long Lake Estates has over 13% of its homes listed with prices from $1.1M to $7M.
Compare that to Boca Falls where there are only 20 houses listed right now, less than 3% of the development. In Saturnia there are currently 13 homes listed out of 414, just over 3%. The Shores, Boca Greens and Palma Vista all have about 4% of their homes on the market. Mission Bay has 18 houses listed.
Not Saturated
It may be a good time to list when few other homes are listed like yours.
Boca Isles has 19 homes listed out of 876 or around 2%. Boca Winds has even fewer with only 15 houses listed out of 1100 homes in total, not much over 1%. Inventory seems particularly thin in Loggers’ Run with only 11 single family homes on the market. There are only 2 homes listed in The Lakes at Boca Raton (north of Yamato near Cain, and only 6 single family listings in Boca Chase (plus 2 in the 55+ homes). Lexington Estates only has one home listed.
Another area that’s very thin is around Lyons Road south of Glades where there is one home for sale in Escondido and nothing in Timbers of Boca or Pine Springs. The road construction on Lyons may have discouraged sellers.

Home Prices Up In The Oaks


Homeowners in The Oaks will appreciate a resurgence in prices paid for houses in their neighborhood in 2017. There were 36 transactions. The average price rose to $1.26 million, up $100,000 from last year. It’s even better than that as our number for last year excluded a few distressed sales. Leaving distressed homes out, the average for 2017 rises to $1.3 million at $244 per square foot. As expected at this price level the homes take longer to sell, averaging over 4 months.

17518 Grand Este Way sold for $2.8M in November. Image by Google.

Four homes sold for over $2 million. Three of those had seven bedrooms in over 7000 square feet. The somewhat smaller 9091 Redonda Drive, with six bedrooms in 5600 square feet, sold for $2.36 million. That works out to $418 per square foot. This one is spectacular with water features on the walk up to the front door, an over the top pool in the backyard, and absolutely gorgeous interior. It was sold new by the builder but records show the house was built in 2014, which is what happens to the model used to show prospective buyers of other homes to be built. It was featured in their Palm Beach Post ad in 2014.
Lake Azure Way dominates the under $900K category with six homes on the street selling for prices between $832K and $900K. Most of these are around 4500 square feet working out to roughly $200 per square foot. The lowest price for 2017 was 17720 Villa Club Way, a 3400 square foot 3-bedroom that sold for $750K.
Sixteen houses sold for prices between $1M and $1.5M. This group averaged 5300 square feet (average $236/sq.ft.). One standout in this group was 9074 Pintura Way which sold for $1,225,000 with only 3400 square feet, working out to $355 per square foot. The house has top of the line finishes including Viking and Subzero appliances but the price still seems a bit high. You could buy a roughly comparable home in Saturnia and save about half a million dollars.

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.

Boca Greens Home Prices Up Again For 2017


The Boca Greens average home price rose again in 2017. The average home price was up 5% to $420,000 from $400,000 in 2016, and an 18% increase from 2014’s $378,000 average.
Last year three homes sold for over $500K for the first time in a few years. 2017 cracked the $600K barrier with one home selling for $650,000 and two more homes selling over $500K.
There were 49 Boca Greens homes sold in 2017 with prices mostly above $300,000. Two homes sold below that level with one a small 1200 square foot 2-bedroom at $255,000 and the other sold by a bank after foreclosure at $260,000.
The average for Boca Greens homes sold in 2017 was a 2200 square foot 3-bedroom bought for $420,000 after 3 months on the market.
The unicorn of the year was 10369 Canoe Brook Circle, a 3000 square foot 3-bedroom that sold for $650,000. The house was meticulously remodeled throughout, but $650K still seems very high for the neighborhood. It was over $100,000 higher than any other transaction.
It took over 8 months to find a buyer willing to pay for all those upgrades, and to get the seller to accept a price that low. The house was originally on the market for $760,000.

For help with West Boca Real Estate check out the new YesBoca.com website.

The biggest apparent bargain of the year in Boca Greens was 10448 Milburn Lane, a 2700 square foot 3-bedroom that sold for $395,000, or $145/sq.ft. It was due for significant renovations.
The highest paid for the least size was 19589 Sea Pines Way, a 1400 square foot 3 bedroom that got $373,000, or $260/sq.ft. The house was fully renovated in 2014.
The most average home was 10264 Crosswind Road, a 2200 square foot 3-bedroom selling for just under $420,000, or $194/sq.ft. It sold in just 3 days.
Some believe that the new Chabad in Boca Greens plaza, in walking distance for observant Jews, is the reason for the price increases. We have seen similar effects in other places like Century Village.

Boca Isles Homes Sold 2017

Boca Isles South has a nice community pool area and clubhouse.

2017 saw 65 homes sold in Boca Isles, 29 of them in Boca Isles North and another 36 in Boca Isles South. Four houses in Boca Isles South broke the $700K barrier with two more over $690K.
The average for both communities together was a 2700 square foot 4-bedroom selling for $544,000 at just under $200 per square foot in a little over 2 months.
Boca Isles South
Boca Isles South wins a close race this year. The average price was $550,000, selling slightly quicker and slightly larger than Boca Isles North.
The top sale was 10922 Bal Harbor Drive at $720,000 for a 5-bedroom with 3200 square feet. It took 5 months to sell but for the seller it was worth the wait to find a buyer who appreciated all the upgrades in this gorgeously remodeled home.
Five more of these 5-bedroom, 3200 square foot models sold for prices between $695,000 and $705,000, all in Boca Isles South.
We were pleased to sell 19641 Biscayne Bay Drive, a 2300 square foot house, for $480,000.
Warren’s listing at 19641 Biscayne Bay Drive sold for $480,000.

Sunset sky from backyard of 19641 Biscayne Bay Drive. Image copyright Warren Redlich.

That was the highest price for that model in Boca Isles South in 2017. Several others of that model sold for prices ranging from $360,000 to $465,000.
At the low end in Boca Isles South, three houses sold for $420,000 or less. Two were 3-bedroom models with just under 2000 square feet selling for $400K and $420K.

Boca Isles North
By comparison Boca Isles North was stronger at the low end. Only two homes sold for less than $470,000, one of them a short sale at $409,000 and the other a small 3-bedroom for $435,000.
Five homes sold between $472,500 and $495,000. The remaining 22 transactions were all for $510,000 or more.
The most typical of Boca Isles North was 19665 Black Olive Lane, a 2700 square foot 4-bedroom that sold for $535,000.
Homes in Boca Isles North did sell for a bit more on a dollars per square foot but they also took a few more days to sell.

Lakes at Boca Raton Homes 2017

18636 Cape Sable Drive in Lakes at Boca Raton sold for $470K in August of 2017.

2017 was a good year for home sellers in The Lakes at Boca Raton. The average sale was a 2280 square foot 4-bedroom going for $411,000 ($184 per square foot) in less than 2 months. 40 homes sold for the year, 25 of them for $400,000 or more.
At the high end two homes in Cypress Bend sold for more than $500,000 with the top going for nearly $600,000. The 5-bedroom, 3600 square foot house at 18820 Cypress Bend Court sold for $590,000.
18820 Cypress Bend Court; image by Google.

Only one house sold under $300,000 and it’s a small one at only 1300 square feet, more than 200 square feet smaller than the next largest transaction. 10383 Islander Drive in Amber Bay went for $292,500 with 3 bedrooms and 2 baths. That works out to $230 per square foot.
While no home fits as the precise average for any neighborhood, 18974 Concerto Drive comes close. The 2220 square foot 4-bedroom home sold for $410,000.
The best apparent bargain of the year was 10839 Sea Cliff Circle, a 3000 square foot 4-bedroom that sold for $428,000 ($143/sq.ft.). An investor had bought it out of foreclosure for $353,000 in 2016.
10839 Sea Cliff Circle; image by Google.

Saturnia Home Prices 2017

Saturnia entrance; image by Google

There are some positive signs in Saturnia but the average home price in Saturnia fell slightly to just under $630,000 for the year 2017, down from $636,000 in 2016 and $638,000 in 2015 and 2014. On the bright side only one house sold for less than $500,000 and just barely at $493K. The lowest price in 2016 was all the way down to $455K with two others under $500K. See our 2016 Saturnia summary. Pressure from new homes in developments like The Bridges and Seven Bridges has increased supply in this segment, keeping home prices from rising for larger single family homes. The Boca Falls 2017 average was also down a little.
Other positive signs include no REO or short sale transactions, and a higher volume with 33 homes sold in 2017, up from 23 in 2016. Some listings failed with eight canceled and ten expired. Also on the negative side, the average price fell in dollars per square foot. In 2016 it was up to $188 per square foot, but in 2017 it dropped to $174 per square foot, well below the 2015 number.
Saturnia satellite image and map data by Google.

The ten highest prices were large houses over 4000 square feet. 19498 Saturnia Lakes Drive got the biggest price with 6 bedrooms and 4 1/2 baths in 4700 square feet at $850,000. One other sold at $800K and six more sold in the $700s.
19551 Saturnia Lakes Drive was on the market in 2016 and 2017 and is currently “pending” at an unknown price, probably below $750,000. Image copyright Warren Redlich 2016.

Four houses sold near $500K with 19107 Skyridge Circle the lowest at $493,000, and the same 4-bedroom 2800 square foot model next door at 19101 at $505,000. Two 5-bedroom models sold for $510,000, one of them much larger at 3600 square feet.
The biggest apparent bargain of 2017 was 19528 Saturnia Lakes Drive, a 4700 square foot house with 6 bedrooms and 4 1/2 baths that sold for only $635,000, or $133 per square foot. This was sold by an investor who acquired the house out of foreclosure for $545,000. No other house sold for less than $140/sq.ft. The best seller price per square foot was 11898 Preservation Lane, a 2800 square foot 4-bedroom that sold for $600,000, or $214 per square foot. Three other houses in Saturnia sold for over $200/sq.ft. and three more sold for over $190/sq.ft.

The Shores at Boca Raton 2017 Homes Sold

The Shores from Yamato; image by Google

19 homes sold in The Shores at Boca Raton in 2017. Most homes sold between $460,000 and $650,000. There was one exception at the high end – the 4000 square foot 7 bedroom at 11307 Sea Grass Circle sold for $665,000. There were two exceptions at the low end, both smaller homes. 11423 Sea Grass Circle sold for $380,000, the only house under $400K, with 4 bedrooms in 2400 square feet. The even smaller 11488 Sea Grass Circle, with 2100 square feet, sold for $415,000.
Most of the houses were between 2900 and 3400 square feet with either 4 or 5 bedrooms, 2-4 full baths and nearly all with a half bath. There was a roughly even split between 2 and 3 car garages and all but the bottom house had either waterfront, a pool, or both. All were built between 1995 and 1998.

Priced in dollars per square foot, the homes ranged from just under $150/sq.ft. to just under $200/sq.ft, with an average of $171/sq.ft. Roughly half of the homes sold in a month or less, with a few taking closer to three months. The $380K home sat on the market for nearly a year.
At this writing there are 14 homes for sale in The Shores at Boca Raton with prices from $420K up to $665K.
If you’re thinking of buying or selling a house in West Boca, call or text Warren at 518-225-3710.

Avalon, Palma Vista and Boca Reserve: Homes Sold 2017

We’re finishing up the 33428 zip code with three smaller neighborhoods that sold well in 2017. Palma Vista and Avalon are on the east side of US-441 between Palmetto and Glades, while Boca Reserve is between Loggers’ Run and Boca Winds on the south side of Palmetto Park Road.

Avalon
Four homes sold in Avalon this past year, all on Parkview Avenue with 5 bedrooms, 3-4 baths, and 3-car garages, and all built in 1998. They sold in 5 weeks or less. There were no transactions on Cypress Palm Court.
Two of the sales were 3400 square models with 4 full baths, one for $680K and the other for $690K. The smallest of the homes at 2800 square feet sold for $578K with 3 full baths while a slightly larger model with 3 1/2 baths sold for $565K.
HOA fees in Avalon are about $300/month. The average home price for 2017 was $628,000.

Palma Vista is just north of West Boca Medical Center and just south of Publix and Home Depot. Avalon is just north of Palmetto next to Lowe’s. Image and map data by Google.

Palma Vista
Palma Vista Way saw nine homes sold while one sold on La Vista Circle. All the homes were built between 2000 and 2002.
The lowest price was 9772 Palma Vista Way at $499K with 4 bedrooms and 3 full baths in 2500 square feet. On the high end 21180 La Vista Circle sold for $735K with 6 bedrooms and 5 1/2 baths in 3800 square feet. That was the only one over $700K. The same model sold for $690K at 9713 Palma Vista Way.
The most average of the homes sold was 9839 Palma Vista Way selling for $600,000 with 5 bedrooms and 3 1/2 baths in 3400 square feet.
HOA fees in Palma Vista are about $350/month. The average price for the development was $596K. They’re not moving fast as all the homes took at least one month to sell and the average was over three months.
Palma Vista is particularly attractive to people who appreciate the easy access to the Jewish Federation campus and the JCC. The neighborhood is also within walking distance to West Boca Medical Center and the Westwinds shopping plaza (Publix and Home Depot).
Boca Reserve

Two homes sold in the small and fairly new Boca Reserve development. Both were built in 2013.
12090 Boca Reserve Lane sold for $730,000. The 4000 square foot 5 bedroom has 4 1/2 baths. It sat on the market off and on for over a year mainly due to a high original list price of $899,000. It sold quickly after the list price was lowered to $749,000. It was purchased new from the builder in 2013 for $637K.
The smaller 12106 Boca Reserve Lane sold for $715,000 with 4 bedrooms and 3 1/2 baths in 3000 square feet. This one sold in 8 days with an original list price of $749,000. The seller had just bought the house in February 2016 for $675,000, and the previous owner got it from the builder for $570K.
HOA fees in Boca Reserve are about $200/month.