December 2020 Boca Raton Area Luxury Market Report from Jean-Luc Andriot and The Institute for Luxury Home Marketing
Posted by Jean-Luc Andriot on Monday, December 21st, 2020 at 8:54am.
As I am a member of The Institute for Luxury Marketing, I thought I would share with you their December 2020 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
As the year draws to a close, November’s statistics reveal that the luxury market continues to go from strength to strength, adding still further to a year full of unexpected trends.
The majority of the 101 markets reviewed in November by The Institute for Luxury Home Marketing show that, for the first time in many years, most markets showcase sellers in firm control.
From coast to coast, the diversity of markets that have seen an increase in demand for their luxury properties has been unprecedented.
Many markets from small rural destinations, to established resort locations, to less densely populated metropolitans show higher than average sales for November.