Palm Beach County real estate values are continuing on an upward trajectory and show no sign of slowing their growth. The key to growth in local communities has been the strong emphasis placed on keeping cities and towns attractive and livable. The local housing market continues to enjoy robust growth and home prices are currently experiencing double-digit growth. Florida ranks among the top ten states in home price appreciation for previously lived in properties and construction and new development throughout the state has grown exponentially as well, 53% in the last year alone. While Boca Raton, Boynton Beach and Delray Beach were all developed primarily in the 1960's, all have experienced significant growth in the last two decades.
The area has gone through a number of housing booms since the 1960s. One of the most recent building booms has occurred over the last ten years with thousands of new homes and condominiums built. The median home value of approximately $180,000 with the average price of new homes closely matching median values.
The cities have proactive development services to help plan and oversee the cities' growth and development. It works to make sure that growth is achieved while meeting the goals of quality housing, service centers, business areas and open space. Many have worked together to help build the outstanding communities of Boca Raton, Delray Beach and Boynton Beach.
Boca Raton, Boynton Beach and Delray Beach are environmentally oriented cities. They pursue a friendly, progressive approach to creating a superior suburban lifestyle for its residents. Housing is primarily single-family homes, condominiums and townhouses within professionally landscaped communities. The median home value in the are is approximately $145,000. This decade has seen the construction of thousands of new homes with an average cost of $397,000.
There is significant commercial development underway in the area as well. This includes technology parka, executive parks, office complexes and retail establishments.
Whether it’s a rustic country home, an elegant estate or a modest residence in a contemporary residential community, Boca Raton, Delray Beach and Boynton Beach will surely have the life-style choice for you. You can have a quality of life that reflects the essence of these beautiful beach communities.
Boca Raton, Delray Beach and Boynton Beach pride themselves on a conservative approach to planning in order to maintain a park-like allure. The area also has several very desirable golf communities availabe. Check them out! You will be impressed.
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