{"id":327395,"date":"2025-12-02T08:31:38","date_gmt":"2025-12-02T08:31:38","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/east-boca-raton-fl-real-estate-market-report-3rd-qtr-2019\/"},"modified":"2025-12-02T08:31:38","modified_gmt":"2025-12-02T08:31:38","slug":"east-boca-raton-fl-real-estate-market-report-3rd-qtr-2019","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=327395","title":{"rendered":"East Boca Raton FL Real Estate Market Report 3rd Qtr 2019"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div wp_automatic_readability=\"156.5939523249\">\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-37622 alignright\" src=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr.png\" alt=\"Selling a home in Boca Raton\" width=\"480\" height=\"1200\" srcset=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr.png 480w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr-120x300.png 120w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr-410x1024.png 410w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr-104x260.png 104w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr-140x350.png 140w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Quarterly-Market-Report-3rd-Qtr-280x700.png 280w\" sizes=\"(max-width: 480px) 100vw, 480px\"\/><\/a><\/p>\n<p>\u00a0<\/p>\n<p>How did homes sell in East Boca Raton FL for the 3rd Qtr ending 2019? Was the market up or down or no change? I\u2019ve been <a href=\"https:\/\/www.imagineyourhouse.com\/boca-raton-fl-real-estate-market\/\"><span style=\"color: #3366ff;\">reporting on home sales in East Boca Raton<\/span><\/a> throughout the years trying to keep East Boca Raton residents and those wanting to move to East Boca Raton informed on local Real Estate market conditions as your Boca Raton Real Estate Agent. Remember, when you\u2019re in the know you\u2019ll make wiser decisions.<\/p>\n<p>East Boca Raton is within the city limits of Boca Raton, where my reporting is focused upon. (see rough draft of map below).<\/p>\n<p>The market has shifted a bit and will differ from the condo market to the single family home market. Are you selling a single family home in East Boca Raton? What will matter to you? What about luxury home sales in East Boca Raton? More on that later below.<\/p>\n<p>\u00a0<\/p>\n<p>Knowing these important Real Estate market statistics will help any home Seller knowing how to best position their home for sale in East Boca Raton. In addition, the home Buyer in East Boca Raton will know about what they\u2019re up against and how to best position any offer that they have for a home their considering to buy. Let\u2019s jump in and discover how the East Boca Raton Real Estate market performed ending out the 3rd qtr for 2019.<\/p>\n<h3\/>\n<h3\/>\n<h3\/>\n<h3\/>\n<h3\/>\n<h3 style=\"text-align: left;\"><strong>In today\u2019s Real Estate market report, we\u2019ll answer the following questions for single family homes<\/strong>:<\/h3>\n<p>\u00a0<\/p>\n<ul>\n<li style=\"text-align: left;\">How many homes sold in East Boca Raton?<\/li>\n<li style=\"text-align: left;\">What is the Median home sales price in East Boca Raton?<\/li>\n<li style=\"text-align: left;\">How long did it take for homes to sell in East Boca Raton?<\/li>\n<li style=\"text-align: left;\">What\u2019s the inventory level (supply) of homes available for sale?<\/li>\n<li style=\"text-align: left;\">What\u2019s the absorption rate in East Boca Raton?<\/li>\n<li style=\"text-align: left;\">And is it a Seller\u2019s Market, Balanced Market or Buyer\u2019s Market in East Boca Raton Florida?<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\">Number of Homes Sold<\/h4>\n<p style=\"padding-left: 80px;\">Ending the 3rd qtr of 2019, 282 homes sold, averaging 94 homes sold a month, which is a decrease from the 2nd quarter 2019.<\/p>\n<p style=\"padding-left: 80px;\"><strong>Most homes sold in these price point ranges:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>31 homes sold in range of $400,000 \u2013 $450,000<\/strong><\/li>\n<li><strong>37 homes sold in range of $500,000 \u2013 $600,000 <\/strong><\/li>\n<li><strong>64 homes sold in range of $1,000,000<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<blockquote wp_automatic_readability=\"6\">\n<p style=\"text-align: center;\"><strong><span style=\"color: #808080;\">282 homes sold during the 3rd qtr ending 2019, which averaged selling 94 homes a month<\/span><\/strong><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Homes-Sold-3rd-qtr-2019.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37628 size-full\" src=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Homes-Sold-3rd-qtr-2019-e1579045261217.png\" alt=\"Home Sales in Boca Raton\" width=\"500\" height=\"500\" srcset=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Homes-Sold-3rd-qtr-2019-e1579045261217.png 500w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Homes-Sold-3rd-qtr-2019-e1579045261217-150x150.png 150w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Homes-Sold-3rd-qtr-2019-e1579045261217-300x300.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\"\/><\/a><\/p>\n<p>\u00a0<\/p>\n<h4\/>\n<h4\/>\n<h4\/>\n<h4 style=\"padding-left: 40px;\">Median Sales Price<\/h4>\n<p style=\"padding-left: 80px;\">$567,500 (down from 2nd qtr at $610,000) was the median sales price, which reflects a high of $12,105,000 and a minimum of $80,000. Luxury home sales will be reported on later within the article. Stay tuned.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote wp_automatic_readability=\"7\">\n<p style=\"text-align: center;\"><strong><span style=\"color: #808080;\">$567,500 was the median sales price ending the 3rd qtr 2019 in East Boca Raton. down from both 2nd and 1st quarter\u2019s 2019.<\/span><\/strong><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Median-Sales-Price-3rd-qtr-2019.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37629 size-full\" src=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2020\/01\/East-Boca-Raton-Florida-Median-Sales-Price-3rd-qtr-2019-e1579045352575.png\" alt=\"Home Sales Price in Boca Raton Florida\" width=\"500\" height=\"500\"\/><\/a><\/p>\n<h4\/>\n<h4\/>\n<h4 style=\"padding-left: 40px;\">Days on the market (DOM) before homes sold<\/h4>\n<p style=\"padding-left: 80px;\">Homes were on the market for 53 days before they sold, an increase from last quarter.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\">Supply of Homes<\/h4>\n<p style=\"padding-left: 80px;\">The supply of homes indicates what the inventory level is of homes currently available for sale in East Boca Raton. Should no other homes enter the Real Estate market for sale in East Boca Raton it would take just over 5 months to sell what is currently active for sale based on prior reported home sales. This is on par to the 2nd quarter supply of homes which reflected just over 5 months also ; a reflection of a Seller\u2019s market.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\">Absorption Rate (rate in which homes are absorbed\/sold)<\/h4>\n<p style=\"padding-left: 80px;\">How many homes are being bought by home Buyers in East Boca Raton; what is being <em>absorbed<\/em> by them? Currently, it shows that roughly just under 19% of homes are being \u201cabsorbed\u201d by these home Buyers; another borderline indicator of a Seller\u2019s market in East Boca Raton Florida.<\/p>\n<p style=\"padding-left: 80px;\">More homes are being absorbed by Buyers. Buyers want to buy a home in Boca Raton.<\/p>\n<p style=\"padding-left: 80px;\">Typically, absorption rates of 20% and higher reflect a Seller\u2019s Market and 15% and under reflect a Buyer\u2019s market, while a Balanced market hovers in between the two.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\">It continues into 3rd quarter \u2013 a Seller\u2019s Market in East Boca Raton Florida<\/h4>\n<p style=\"padding-left: 80px;\">Typically, when there is less than a 6 months of inventory supply we\u2019re in a Seller\u2019s Market, 6 months of inventory supply we\u2019re in a Balanced\/Stable market and over 6 months inventory supply of homes reflects a Buyer\u2019s market.<\/p>\n<p style=\"padding-left: 80px;\">It\u2019s always important to understand, that the type of Real Estate market will vary by city, right down to the specific neighborhood. When you hear another city is experiencing a Seller\u2019s market, for example, it does not mean that the same Real Estate activity holds true for you, in East Boca Raton. You\u2019ll always want to speak with a <a href=\"https:\/\/www.linkedin.com\/pulse\/why-should-you-take-my-advice-lynn-pineda\/\"><span style=\"color: #3366ff;\">skilled Real Estate professional<\/span><\/a> to get the specifics depending upon where you live.<\/p>\n<p>\u00a0<\/p>\n<h2\/>\n<h3 style=\"text-align: center;\"><strong><span style=\"color: #808080;\">Luxury Home Sales in East Boca Raton<\/span><\/strong><\/h3>\n<p>\u00a0<\/p>\n<p>You\u2019ll discover more about the luxury home market in this East Boca Raton FL Real Estate Market Report.<\/p>\n<p>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><a href=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-37104\" src=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales.png\" alt=\"Luxury Homes in East Boca Raton Florida\" width=\"940\" height=\"788\" srcset=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales.png 940w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales-300x251.png 300w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales-768x644.png 768w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales-310x260.png 310w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales-400x335.png 400w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/East-Boca-Raton-Luxury-Homes-Sales-800x671.png 800w\" sizes=\"auto, (max-width: 940px) 100vw, 940px\"\/><\/a><\/p>\n<p>\u00a0<\/p>\n<p style=\"padding-left: 40px; text-align: center;\">The neighborhoods of <strong>Caribbean Keys, Royal Palm Yacht and Country Club, Boca Marina, Boca Harbour, Boca Raton Riviera, The Sanctuary, Spanish River Land, Boca Harbour Island, Boca Villas, Lake Rogers Isle, Les Jardins, Por La Mar, and Old Floresta<\/strong> to name a few, had the luxury homes sold ending the 3rd quarter of 2019.<\/p>\n<h4\/>\n<h4 style=\"padding-left: 40px;\"><strong><span style=\"color: #808080;\">Number of Homes Sold<\/span><\/strong><\/h4>\n<p style=\"padding-left: 80px;\">Ending the 3rd qtr of 2019, 64 luxury homes sold in East Boca Raton averaging 21 a month \u2013 (down from 84 sold in 2nd qtr).<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\"><span style=\"color: #808080;\"><strong>Median Sales Price<\/strong><\/span><\/h4>\n<p style=\"padding-left: 80px;\">$1,822,500\u00a0 was the median sales price of luxury homes during 2nd quarter with the highest price point at $12,105,000.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\"><span style=\"color: #808080;\"><strong>Days on the Market (DOM)<\/strong><\/span><\/h4>\n<p style=\"padding-left: 80px;\">Luxury homes in East Boca Raton where on the market for a median of 107 days, where the highest priced home took 858 days to sell.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\"><span style=\"color: #808080;\"><strong>Supply of Homes<\/strong><\/span><\/h4>\n<p style=\"padding-left: 80px;\">There is just over a 11 months supply of Luxury homes for sale in East Boca Raton. If no additional luxury homes entered the market for sale, it would take just over 11 months for the luxury home Seller to sell their home, compared to a 9 months supply during the 2nd quarter 2019.<\/p>\n<p style=\"padding-left: 80px;\">It\u2019s a Buyer\u2019s market for luxury homes here in East Boca Raton Florida.\u00a0 Are you moving to Boca Raton in search of a home to call your own? I\u2019d be happy to find you the perfect place to call home. Call\/Text me, Lynn Pineda, at 954-464-1100 or email at LynnP@ImagineYourHouse.com<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"padding-left: 40px;\"><span style=\"color: #808080;\"><strong>Absorption Rate (rate in which homes are absorbed\/sold)<\/strong><\/span><\/h4>\n<p style=\"padding-left: 80px;\">How are luxury homes being absorbed into the East Boca Raton luxury home market? Currently, it is showing that just over 8% of luxury homes for sale are being absorbed or bought by home buyers seeking the luxury lifestyle of East Boca Raton Florida.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"text-align: center;\"><a href=\"https:\/\/lynnpineda.exprealty.com\/?advanced=1&amp;polygons%5B%5D=-80.06198416298827,26.41935715111832,-80.07297049111327,26.420587011109696,-80.07983694619139,26.424583965495025,-80.09356985634764,26.42489141778587,-80.10095129555663,26.424276512384356,-80.09837637490233,26.407826575895264,-80.12103567666014,26.40828782103282,-80.12385791864494,26.408441569002257,-80.12711948480705,26.40675033007049,-80.13673252191643,26.40613532794923,-80.14136737909416,26.407519078112536,-80.14136737909416,26.417666072214512,-80.14737552728752,26.417973542950467,-80.14686054315666,26.408134072858502,-80.15098041620354,26.407826575895264,-80.15458530511955,26.409056558831214,-80.17192310419182,26.40890281168129,-80.171236458684,26.393373294351626,-80.16007846918205,26.39361345976984,-80.15819019403557,26.388539016770412,-80.15492862787346,26.38900033898538,-80.1540703209887,26.37992733050475,-80.15424198236565,26.38323367884441,-80.15218204584221,26.38307989729923,-80.15132373895744,26.38215720372859,-80.14887756433586,26.382063954687712,-80.14849132623772,26.383409548101227,-80.14741844263176,26.383178876057897,-80.1457876595507,26.379411167475922,-80.14583057489494,26.368645608747862,-80.16604370203117,26.3684918077856,-80.16587204065422,26.364762071795642,-80.1532978447924,26.364800523296065,-80.1532978447924,26.363224001290707,-80.15308326807121,26.36241650608396,-80.15145248499016,26.362070434983096,-80.15269702997307,26.36083995156825,-80.15381282892326,26.357302238805822,-80.14694637384514,26.357340692787254,-80.13677543726067,26.357456054654836,-80.1359171303759,26.35626397647341,-80.13437217798332,26.352956856542864,-80.13428634729485,26.350687963758634,-80.12879318323235,26.350611051358925,-80.12823528375725,26.33168904758792,-80.12814945306877,26.32772734216706,-80.12531704034905,26.327919661094736,-80.09973949518303,26.32776305180055,-80.09815162744621,26.326378346518577,-80.09823745813469,26.325070554103323,-80.09905284967522,26.323570421086828,-80.09853786554436,26.322608787137487,-80.09673542108635,26.32226259696106,-80.09622043695549,26.32237799380151,-80.0948900612841,26.32483976567334,-80.09222930994133,26.326378346518577,-80.09077018823723,26.325455200464546,-80.08660739984612,26.319108372133776,-80.08177942361931,26.314934662143532,-80.07592147913078,26.31229956964635,-80.06431796388176,26.360765091299562&amp;rtype=map&amp;beds=0&amp;baths=0&amp;min=1000000&amp;max=100000000&amp;minacres=0&amp;maxacres=3000&amp;minfootage=0&amp;maxfootage=30000&amp;walkscore=&amp;yearbuilt=0&amp;sortby=listings.listingdate+DESC&amp;ppc=IYH&amp;addht=IYH&amp;agency_photos=&amp;view_timing=3\"><strong><span style=\"color: #666699;\">Find Luxury Homes for Sale in East Boca Raton, city of Boca Raton limits.<\/span><\/strong><\/a><\/h4>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/City-of-Boca-Raton-Map.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-37111 size-full\" src=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/City-of-Boca-Raton-Map.png\" alt=\"Boca Raton FL city limits Real Estate\" width=\"286\" height=\"322\" srcset=\"https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/City-of-Boca-Raton-Map.png 286w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/City-of-Boca-Raton-Map-266x300.png 266w, https:\/\/www.imagineyourhouse.com\/wp-content\/uploads\/2019\/05\/City-of-Boca-Raton-Map-231x260.png 231w\" sizes=\"auto, (max-width: 286px) 100vw, 286px\"\/><\/a><\/p>\n<p>\u00a0<\/p>\n<h5 style=\"text-align: center;\">East Boca Raton Real Estate Market Report prepared by your local East Boca Raton Realtor with eXp Realty, Lynn Pineda. <strong>Delivering Real Estate Promises<\/strong>, while selling homes since 2005.<\/h5>\n<p>The results reported here are based upon local MLS reporting and are not guaranteed.<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 How did homes sell in East Boca Raton FL for the 3rd Qtr ending 2019? Was the market up or down or no change? I\u2019ve been reporting on home sales in East Boca Raton throughout the years trying to keep East Boca Raton residents and those wanting to move to East Boca Raton [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":327396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153786],"tags":[5767,24323,5971,4856,11209,49871,24324,482,10930],"dealstore":[],"offerexpiration":[],"class_list":["post-327395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boca-raton-fl-real-estate-market-statistics","tag-3rd","tag-boca","tag-east","tag-estate","tag-market","tag-qtr","tag-raton","tag-real","tag-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>East Boca Raton FL Real Estate Market Report 3rd Qtr 2019 - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=327395\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"East Boca Raton FL Real Estate Market Report 3rd Qtr 2019 - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"\u00a0 \u00a0 How did homes sell in East Boca Raton FL for the 3rd Qtr ending 2019? 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