Nearly fifty Boca Falls homes sold in 2019, a big jump from thirty-five in 2018. Prices also improved at the high end with the top price at $765,000 for 21839 Marigot Drive in Crystal Pointe with 3800 square feet and a number of nice touches including a circular driveway.
Boca Falls is a gated community at the west end of Glades Road and Palmetto Park Road, zoned for excellent schools including Waters Edge Elementary, Loggers’ Run Middle and West Boca High.
Four other homes sold for prices near $750,000 including three in The Estates subdivision, all larger than 3600 square feet. Two homes in Majestic Pointe sold for over $700,000.
In 2018 the highest price was $735,000 and there was a big drop to the next group of three homes selling near $650,000. This illustrates this year’s big jump among the higher priced transactions – 10 homes sold in 2019 for prices over $660,000, compared to only one last year. With that said, the median price actually fell from $570,000 in 2018 to $558,000 in 2018.
Eight homes in 2018 sold for less than $500,000. In 2019 eleven homes sold for under $500,000.
There are currently 15 homes listed for sale in Boca Falls, similar to early January 2018. Three have list prices over $700,000. 21647 Marigot Drive has the highest list price at $759,000. It has been sitting on the market for 8 months. The next house is 12456 Antille at $749,000, which appears to have been very nicely remodeled but the price may still be a bit high for a 2-floor 3250 square footer.
21327 Falls Ridge Way is the bargain of the three at $715,000 with 3800 square feet on one floor and also very nicely remodeled, but it has been on the market for five months.
The lowest price on the market now $399,900 for 12337 Cascades Pointe Drive, a small bank-owned home. One other bank-owned home is listed at $475K and the rest are priced at $540K and up.
Three homes are in pending or backup status at this writing with list prices from $605,000 up to $800,000. The big price is for 21311 Falls Ridge Way, a home that was completely rebuilt after the previous structure was ruined by a car fire in the garage.
Only 20 listings expired or canceled in 2019, a significant improvement from 33 in 2018.