Boca Home Median Price Slips

Marc Jablon Broward County Real Estate , Palm Beach County Real Estate , real estate blog Leave a Comment

Despite the fact that Boca Raton home prices have risen close to 30% since last year, the median price of homes in the area has declined. Back in April it had climbed to $265,000 but by this month it had fallen to $249,000. However, this does not signal a decline in demand. Because median price means that half of the …