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3Q - 2013 Boca Raton Sales

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Report Summary

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.

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2017 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. CalBRE# 01947727