For the first half of 2018, home sales that closed in The Bridges averaged 1.04 million at $268 per square foot. Most homes sold between $800,000 and $1.5 million but there was one that sold for $2.3 million and a seven homes sold under $800K, mostly smaller models around 2600 square feet. Twenty seven homes…
Eleven homes in West Boca and southwest Delray sold in October for prices ranging from $710,000 to $1,240,000. All eleven were in four neighborhoods – Delray Lakes Estates, The Oaks, The Bridges and Seven Bridges. The market in this range may be heating up as most of the homes sold in two months or less….
Looking at first quarter transactions in The Bridges (Lyons Road north of Clint Moore), we are seeing home sales struggle at best. Nearly new homes sold for little increase and in some cases at a substantial loss. Meanwhile the builder sold three homes at relatively low prices, undercutting existing homes. Our data show 11 transactions…
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…
Real estate trends in West Boca We’ve been looking at recent real estate trends in West Boca. We started with neighborhoods, discussing Boca Falls in one article and Boca Isles in another. For this article we’re taking a different approach. We looked at large houses, over 6000 square feet, and we included southwest Delray Beach…
