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Boca Raton Real Estate Market Report

Written by Posted On Thursday, 03 December 2020 03:42

Boca Raton FL Market Outlook | Oct 2020

Boca Raton Florida market outlook looks very good.  It looks good in the surroudning cities of Delray Beach, Highland Beach and Boynton Beach too.  

2020 has been a differene year, but it has caused people to reevaluate.  As a result, the real estate market in south Florida is very active.  Very low interest rates, low inventory, higher taxes in the northeast and corporations allowing people to work fromhome are what is driving this market.   People feel the need to get iour of the cities and move to the suburbs.  All of this is driving prices up, especially in all-age communities.

I say that becuase we have a lot of 55+ communities in Delray Beach and Boynton Beach too.  There tends to be a bit more inventory in the active adult communities, but it is also low.  

People who have stayed in their homes in Boca Raton are putting them up only to find themselves with a lot of showings and multiple offers, oftenabove asking price.  The real estate market is in a frenzy in Boca.  Known for its schools and an easy, great way of life, Boca Raton homes are selling and selling fast.   Buyers need to move quickly.  Be prepared before you start looking.  Get preapproved and get yourself a good buyer's agent, because you're going to need it.  We are seeing this in gated communities in Boca Ratonas well as non-gated communities.

You can read the latest Boca Raton Real Estate Market Report here.

Delray Beach and Boynton Beach

The neighboring cities of Delray Beach and Boynton Beach are seeing much the same - low inventory, extremely low mortgage rates and higher prices.  People who want to sell are doing it now.  It's pretty much the same in all of south Florida.  

Known for it's pet-friendly 55+ communities Delray Beach and Boynton Beach are seeing a surge in activity.   It's like people have to get on with their lives.  They are getting top dollar for their homes up north, and coming to settle in to a new normal in an active adult community.

With regard to the market reports, you can read the latest Delray Beach FL Real Estate Market Report here as well as the latest Boynton Beach FL Real Estate Market Report.

Highland Beach 

Highland Beach is a small enclave along the Atlantic OCean set between Boca Raton and Delray Beach  Sandy beaches and salt water,   That's exactly what Highland Beach is.  Highland Beach is one of the most beautiful areas you will ever see.  Oceanfront condos and townhomes, Intracoastal homes with docks make this small enclave a paradise. 

Inventory is low in Highland Beach Florida.  It's the same story.  People are thinking, if we're going to do it, let's do it now.  At least, that's what it seems to me.  And why not?  Have you been dreaming of a beachfront condo forever?  Now is the time!

You can read the latest Highland Beach FL Real Estate Market Report here.  

Final Thoughts

In my opinion, this year has made people stop and think.  We've all had a wak-up call.  Record-low interest rates and high buyer demand are the name of the game.  If you're looking to buy or sell a home in Boca Raton or one of the neighboring towns, you'll probably want to do it sooner than later.  Maybe now this is the time for you.

If you have any questions about pet-friendly gated communities in Boca Raton, pet friendly 55+ communities in Delray Beach, Boynton Beach, FL or pet friendly communities in south Florida, contact me.  I can be reached by cell/text at (561) 716-7824 or email at This email address is being protected from spambots. You need JavaScript enabled to view it.

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Elyse Berman, PA

When you’re moving to Boca Raton, Delray Beach, Boynton Beach or Highland Beach with furry family members, you need to work with an experienced, caring and committed REALTOR® who understands the challenges you face as a pet parent. You need Elyse Berman. After growing up in New York and working as a Court Reporter in a fast-paced judicial system, Elyse moved to Boca Raton in 1994. Her goal: to be close to the beach. With three kids and two dogs, her family settled in a pet-friendly gated community – but when the kids grew up and moved out, she decided it was time to live like she was on vacation every day in a place right on the beach. However, Elyse quickly learned that not all beachfront properties in Boca Raton, Delray Beach and Highland Beach are pet friendly. Some have confusing pet rules that change frequently – and some claim to be pet friendly but only allow birds and fish. Elyse’s addiction to research, fueled by her love of real estate, the law and her dogs, helped her discover her passion for helping people find pet-friendly homes in Boca Raton and the surrounding communities. (You can learn more about how and why Elyse became Boca Raton’s premier pet-friendly REALTOR here.) With an ever-evolving list of which condominiums and communities are pet friendly (as well as what restrictions they currently impose on buyers), Elyse is ready to help you find the perfect place to live in Boca Raton, Delray Beach, Boynton Beach or Highland Beach. Her extensive knowledge of the local real estate market dates back to 1994; she’s seen new communities spring up, watched old communities become revitalized, and kept an eye on all the complexes, neighborhoods and subdivisions in the area for years. Call Elyse (561) 716-7824 Email Elyse Elyse@ElyseBerman.com She’s with you every step of the way, from your first tour of a home to closing (and beyond.) In fact, she stays in touch with many of the people whose homes she helped find – and she’s even sold those same homes decades later. She truly wants her clients to be happy, so she answers her phone and will never pass you off to a team member. Having made a cross-country move herself with a husband, three kids, two dogs and a business to run, Elyse knows all about the challenges you’re facing – and she can help you find a pet-friendly gated community in Boca Raton, a pet-friendly condo, a pet-friendly 55+ active adult community or anything else you’re looking for. Elyse loves dogs (well, all pets, actually) – and she makes it her business to keep up with the communities that accept furry family members. She personally wouldn’t move anywhere that wouldn’t allow her pets, and she won’t expect you to, either. She’ll never ask you to get rid of a pet or waste your time; she really understands what it’s like to have to find a place that’s suitable for all members of the family. No pets? No problem – Elyse also understands people who want to live in pet-free condos and neighborhoods. She can help you pinpoint all the best places to live. Elyse currently volunteers her time on the Professional Standards Committee (after having served on the Grievance Committee) for the Board of Realtors®, where she continues to learn. Serving on these committees is a lot like court reporting, which is why she loves it. Additionally, in order to better serve her clients, Elyse has attained the following designations along with membership in the following organizations: CRS – Council of Residential Specialists ABR – Accredited Buyer’s Representative GRI – Graduate Realtor’s Institute E-Pro – Internet Certified – Technology Certification Program C2EX – REALTORS® Commitment to Excellence Member National Association of REALTORS® Member Florida Realtors® Member Broward, Palm Beach & St. Lucie Realtors® 2018 – 2020 – Grievance Committee – Broward, Palm Beach & St. Lucie Realtors® 2021 – Present – Professional Standards – Broward, Palm Beach & St. Lucie Realtors®

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