Home prices in Avalon and Palma Vista Estates are up in 2016, at least at the low end. Both are smaller gated communities with prices generally ranging from $500K to $700K. Avalon is on the north side of Palmetto Park Road east of 441 and the Lowe’s plaza. Palma Vista is on the east side…
The average home sale price for 2016 in Woodfield Hunt Club dropped to $826,000, off 8% compared to 2015. On a dollars per square foot basis the drop was nearly 12%. It’s a smaller community with only 15 transactions a year or less, so conclusions are less reliable. One thing we noticed is that the…
Boca Greens is a recent bright spot in West Boca real estate. Prices in the gated community rose to just over $400,000 in 2016, a substantial increase from the 2015 average of $378K. Compared to the $365K average from 2014, prices are up roughly 10% in two years. Three houses in the neighborhood broke the…
Houses in Lexington Estates sold for more in 2016. The average transaction price rose to $459,000* from $427K in 2015. This is a little misleading as the homes sold in 2016 were larger on average. Measured in dollars per square foot the average works out to $167/sq.ft., which is a very slight increase over 2015…
The Bridges and Seven Bridges are bright spots on the real estate market for 2016. Our analysis of MLS data shows that prices are rising in those two communities. A great example of this is the house at 8200 Lost Creek Lane in the east end of The Bridges. It sold new for $812K in…
