41 homes sold in the Lakes at Boca Raton development in 2019, including 35 single family homes and 6 townhomes.
For single family homes the top price was $570,000 for two homes, one in Harbour Lakes and the other in Cape Sable.
The three lowest prices were in Amber Bay, starting at $298,000.
The median price for 2019 was $400,000, with three homes selling at that price and another one at $402,000. 30 of the 35 transactions were for less than $450,000.
This is another example of homes selling for more in 2019. The median price in 2018 was $389,000, the highest price was $492,500, and only three homes sold for more than $450,000, two of them just barely. The lowest prices in 2018 were in Port Cayman.
Inventory is high at the moment with 8 homes listed for sale with prices from $390,000 up to $540,000. There’s only one transaction in backup status with a list price of $370,000.
Townhomes and Villas
While there were 11 sales in 2018, there were only 6 in 2019. 2018 prices ranged from $175,000 to $242,500 with a median of $222,000.
Prices were up in 2019 with a low price of $223,100 (above last year’s median) and a high price of $240,000. The median was $231,000.
There are no townhomes or villas listed for sale at this writing, nor any pending transactions.
Home prices were flat to up slightly in Boca Chase in 2019. Prices were flat in the western section with some promising signs including a $500,000 sale. Prices were generally higher in the eastern section of Boca Chase in the regular single family homes, townhomes, and the 55+ communities.
Boca Chase is a complicated development with a mix of single family homes, townhomes and a variety of 55+ subdivisions as well. What we call Boca Chase West is all single family homes on the west end of the development.
Boca Chase West saw 28 homes sold in 2019 with prices from $288,500 (bank-owned) to $500,000 for 18359 Coral Isles Drive (4 bed, 2700 square feet). The median price was $380,000 with three homes at that price and one at $381,000:
18329 Fresh Lake Way, 2700 sq. ft. 3 bedroom with a second floor
11268 Coral Key Drive, 1900 sq. ft. 3 bedroom
18018 Clear Brook Circle, 1900 sq. ft. 3 bedroom
18242 Blue Lake Way, 1900 sq. ft. 3 bed room
In 2018 25 homes sold, two for under $300,000 ($265K and $285K). The top price was $459,000 and the median was $382,000 for a 1900 sq.ft. 3 bedroom home. So overall the pricing in Boca Chase West seems a little higher on the low and high ends, but flat in the middle.
There are four homes listed at this writing from $370K to $449K, all on Clear Brook Circle in Coral Bay.
Six homes are in pending, backup or contingent status, with list prices from $350K to $440K.
Boca Chase East
19 single family homes sold for $323K to $442K. The median price was $395K for 10656 Oak Lake Way with 1900 square feet and 4 bedrooms.
This compares to 17 sold in 2018 priced from $290,000 to $430,000 with a median of $375K. So prices were up significantly at the low end, middle and high end.
There are three active single family listings in Boca Chase East now priced from $395,000 (Hidden Lake) to $499,000 (Bentbrook).
Six townhomes sold in 2019 from $269K to $319K, most with 1650 square feet. Only one sold in 2018 for $278K. None are listed at the moment. One is in backup with a list price of $312K.
In the 55+ communities 44 homes sold with prices from $155,000 (two units) to $333,500 for a 1900 square foot villa on Ladypalm Lane. 13 of the 44 sales were under $200K. A total of 18 deals were for $250K or higher. Median was $231,500.
In 2018 there were 48 transactions with two homes selling below $150,000 and a high price of $270,000. Median was $220K. So again we’re seeing prices up at all levels.
There are 11 homes listed for sale from $235,000 up to $315,000, and two listings are in pending or backup status.
Nearly forty homes sold in Boca Greens during 2019. Four homes sold for prices over $500,000 including 10300 Camelback Lane which closed at $537,500. Overall prices were a bit lower in 2019 compared to 2018.
Inventory is fairly low as of January 2nd with only 9 homes listed for sale. List prices range from $414,900 up to $599,900 for 20181 Back Nine Drive, on the market now for over two years.
The low price of the year was $257,000 for 19619 Back Nine Drive, a 2-bedroom with under 1200 square feet. That was the only deal under $300,000. Five homes sold for prices between $310,000 and $350,000. A total of 11 out of the 39 sales were for prices under $400,000.
The median price was $429,000 for the two-bedroom, 2000 square foot 19740 Sedgefield Terrace.
In 2018 there were 12 more homes sold (51 total) with a higher median price of $435,000. The high price of 2018 was $575,000 and the low price was $308,000.
Four homes remain in backup, contingent or pending status with listing prices from $350,000 up to $515,000. Twenty-five listings expired or canceled in 2019.
We keep seeing good numbers for 2019. There were 53 closed transactions in Boca Isles for 2019 with prices up compared to the previous year. 27 of the sales were in Boca Isles South with 26 in Boca Isles North.
Three homes sold for over $700,000. At the top was 10897 Bal Harbor Drive, a 5-bedroom in Boca Isles South with 3400 square feet, closed at $740,000.
Two homes sold for under $400,000, both 2700 square foot models in Boca Isles North. 10564 Maple Chase Drive was the bottom at $365,000. Bank-owned 19162 Cloister Lake Lane sold for $391,000.
Seven homes sold for $450,000 or less and including those a total of 15 deals closed under $500,000. The median price was $540,000 with two homes selling at that price, each with just under 2700 square feet. Media in Boca Isles South was $535,000 while it was slightly higher in Boca Isles North at $542,500.
For comparison, in 2018 three homes sold under $400,000 and the median price for all of Boca Isles was $525,000, $15,000 less than 2019.
Currently there are 19 homes listed for sale in Boca Isles with 9 in Boca Isles North and 10 in Boca Isles South. The lowest listing price is $499,000 and the highest is $679,000.
Seven homes are in pending, backup or contingent status. Three of those have low list prices from $360K to $439K. The lowest is a short sale and another one is bank-owned. The highest pending price is $725,000 for 12939 Redberry Court.
Prices were up in Loggers’ Run for 2019 with 86 homes sold, including 61 single family homes along with 25 townhomes and villas in the Timberwalk. The median price was $20,000 higher for single family and $15,000 higher for townhomes.
The low single family home price in Loggers for 2019 was $323,000 with a high of $875,000 for 22749 Wilderness Way in Ponderosa.
The median single family price in 2019 was $425,000 for 21784 Little Bear Lane. That’s $20,000 higher than the median in 2018.
For single family homes in 2018 there were 67 closed sales with prices from $295,000 up to $827,500 and a median price of $405,000.
Closing prices in Timberwalk started at $240,000 with 8 townhomes selling for $250,000 or less. The median price was $260,000 for a 1200 square foot 3-bedroom at 22305 Timberly Drive.
The highest price in Timberwalk was $295,000 for a 1600 square foot 3 bedroom at 22608 Vistawood Way. Four more sold for $280,000.
In 2018 Timberwalk had a few more sales with 28 closed transactions. The low price that year was much lower at $205,000, and 21 of the 28 transactions were at $250,000 or less. The highest price in 2018 was $285,000 and the median was $15,000 less than 2019.
At this writing there are only five single family homes listed for sale in Loggers’ Run and only one townhome. Combining that low inventory with rising prices makes this an excellent time to sell.
There are a total of four transactions in pending/contingent/backup status.