As I am a member of The Institute for Luxury Marketing, I thought I would share with you their May 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:
Overall, based on the data collected from over 100 luxury markets in North America, the comparative numbers for single-family homes over the last three years confirms this dramatic decrease in inventory.
Comparing April 2021 against the same period in 2020 and 2019 there is a decrease of 39.65% and 37.93% respectively.