Median sales price
of a Boca Raton condo jumped 28.2%
from $93,000 in the prior year quarter
to $119,250. Over the same period, the
number of sales edged 1.4% higher to
642. With 1,227 active listings, the monthly
absorption rate was 5.7 months, consistent
with the past several quarters…

Year over year, the
average number of days on market
declined nominally from 160 days to 158.
Listing discount, the percentage difference
between list price at time of contract and
contract price, grew tighter, slipping from
8.1% to 7.4% over the same period…