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Boca Raton, Delray Beach or Parkland real estate deals? Covid-19 Under Contract Stats

This past month I've been flooded with inquiries from clients, both new and old about opportunities in the Boca Raton, Delray Beach and Parkland real estate markets.  Most answers were - yes, homes for sale in the Boca Raton, Delray Beach and Parkland communities have continued to close. As a local real estate broker, I find new means to show, facilitate and close homes daily to keep our clients feeling comfortable.  Many do not think the market has been doing well due to Covid-19. Inventory levels are shrinking and housing demand remains strong in the Boca Raton real estate market, as well as surrounding Delray Beach and Parkland. Unlike many markets across the country, we have additional market factors that increase demand, from retires relocating to the sun, families seeking a warmer lifestyle, and our locals population moving.  

With the coming months, public announcements, and mitigation of the Covid-19 virus in Boca Raton we will see how the market reacts. Below are some stats on under contract and sold homes in Boca Raton, Delray Beach, and Parkland.

By: Brad Schwartzman, Broker and Owner, Vue Real Estate, Inc.

Boca Raton Homes Under Contract Covid-19 - March 19, 2020 to April 19, 2020 September 18, 2020
982
Listed
134
Avg. DOM
$256.23
Avg. $ / Sq.Ft.
$395,000
Med. List Price
982 Properties
Page 1 of 82
Delray Beach Homes Under Contract Covid-19 - March 19, 2020 to April 19, 2020 September 18, 2020
681
Listed
118
Avg. DOM
$229.88
Avg. $ / Sq.Ft.
$274,900
Med. List Price
681 Properties
Page 1 of 57
Parkland Homes Under Contract Covid-19 - March 19, 2020 to April 19, 2020 September 18, 2020
450
Listed
102
Avg. DOM
$237.51
Avg. $ / Sq.Ft.
$400,000
Med. List Price
450 Properties
Page 1 of 38