Is The Polo Club of Boca Raton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Polo Club of Boca Raton has remained a Seller's Market.
Key Takeaway
The Polo Club of Boca Raton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Polo Club of Boca Raton, FL
How much do homes in The Polo Club of Boca Raton, FL cost?
Median Sold Price
$899,500
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Polo Club of Boca Raton have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in The Polo Club of Boca Raton was $899,500 in April 2024, down 6.3% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $620K | $818.2K | +32.0% |
| 3 Bedrooms | $880K | $829K | -5.8% |
| 4 Bedrooms | $1.4M | $1.8M | +28.1% |
| 5+ Bedrooms | $2.1M | $3.4M | +56.3% |
Summary: The Polo Club of Boca Raton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 56.3%.
Housing Supply in The Polo Club of Boca Raton, FL
How many homes are available in The Polo Club of Boca Raton, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The The Polo Club of Boca Raton real estate market had 27 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The The Polo Club of Boca Raton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Polo Club of Boca Raton, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in The Polo Club of Boca Raton in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.
Days on Market for The Polo Club of Boca Raton, FL
How long does it take to sell a home in The Polo Club of Boca Raton, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 33 Days | +113.5% |
Summary: Homes in The Polo Club of Boca Raton had an average of 33 days on market in Apr 2024, up by 113.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in The Polo Club of Boca Raton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in The Polo Club of Boca Raton; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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