April 2021 Boca Raton Area Luxury Market Report from Jean-Luc Andriot and The Institute for Luxury Home Marketing

Posted by Jean-Luc Andriot on Wednesday, April 21st, 2021 at 10:02am.

Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report April 2021 for Jean-Luc Andriot blog 042121

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their April 2021 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

On the national level:

We take a look at the first quarter of 2021 to review the luxury real estate market and if the growth in this market will continue or start to level off after an extraordinary latter half of 2020.

Many market analysts and industry experts are predicting that current sales cannot be sustained indefinitely, but they are also not expecting a decline in price points during 2021. What has shaped these predictions and why are last year’s statistics so important in understanding the market in 2021? We explore the changes in the topics that are currently dominating conversations between luxury real estate professionals and their buyers.

All homes now need to provide a multi-functional space for their residents. Whether it’s a large single family home in the countryside or a penthouse in the inner city, the aspects of health and wellness have taken center stage for many decisions being made in the luxury real estate market.

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