January 2022 Boca Raton Area Luxury Market Report from Jean-Luc Andriot and The Institute for Luxury Home Marketing

Posted by Jean-Luc Andriot on Friday, January 21st, 2022 at 8:11am.

Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report January 2022 for Jean-Luc Andriot blog 122121

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their January 2022 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.

At the national level:

Typically, in our January market report we take the time to review what occurred during the previous year and what to expect in the upcoming year.
This year, however, we are going to review three key trends, how and why they came to be, and why they could possibly shape the luxury real estate market in 2022 and beyond.
The luxury real estate market had an outstanding year in 2021, probably one of the strongest years with historic price increases in both the single family and attached markets, and sold properties
recorded numbers above 2020 despite an unprecedented decline of inventory levels.

Read on

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