Boca Raton Residential Market Report October 2015

Boca Raton Residential Market Report October 2015

The Boca Raton housing market saw some gains in overall inventory although supply fell at the top of the market. The pace of sales activity remained brisk, especially within the condo market. The time it took to sell a property fell sharply as low inventory continued to keep the pressure on the market. More buyers used mortgages than at any other time in the past several years, but cash purchases still dominated activity. We look forward to a continuation of these conditions in the coming months.