Boca Raton Real Estate Blog

Palm Beach County Local Market Update: August 2018

Check out Palm Beach County’s real estate market performance for August 2018, provided by the local market update & statistics reported by the Florida Realtors. You will notice that overall, the real estate market in Palm Beach County, FL displays relative stability, continuing to reflect the prevailing trends and conditions that have maintained a “seller’s market” thus far in 2018. Let’s take a closer look!

Palm Beach County, FL Local Real Estate Market Update: August 2018


August 2018 market stats reveal that 26 more single-family homes have sold in Palm Beach County in August 2018 as compared to August 2017, representing a slight increase of 1.7% for closed home sales. Condo & townhome sales in Palm Beach County display a slightly greater increase of 2.8%, with a total of 33 more condo/townhome sales in August 2018 compared to the same time last year.


In August 2018, market stats show that the median sales price for single-family homes in Palm Beach County was $340,000 which shows no change as compared to this same time last year. On the other hand, the median sales price of condos/townhomes in Palm Beach County for August 2018 was $185,000, a more modest 5.7% increase from the median condo/townhome sales price of just $175,000 in August of 2017.


The lack of significant sales growth in Palm Beach County in August 2018 compared to August 2017 is likely...

Priced To Sell: Best Pricing Strategy For A Successful Sale

Priced To Sell

When homeowners make the decision to sell their home, one of the most important factors leading to a timely & successful sale is placing the home on the market at the right price. It is often the case that sellers have unrealistic expectations of what their home is worth, which, unfortunately, does not align with the amount of money an informed buyer would reasonably pay for the home. There are many reasons that sellers tend to overestimate their home's value: they may have lived there for many years and therefore have a strong emotional attachment to the home; they may be estimating their home's current value based on what they paid for it, or with the incorrect assumption that home values always increase over time; or they may be expecting an unrealistic return on money they have invested on home repairs and renovations. Whatever the reason, the reality is that buyers do not care about the seller’s emotional attachments, what the seller paid for the home 10 years ago, or how much money was sunk into the powder room renovation. What buyers do care about, however, is getting a fair price for the home. So, what is the best strategy is for properly pricing a home for a successful sale? How does one determine a fair price? Let's take a look...

There are studies which show that the first 14 to 21 days that a home is on the market is crucial to the success & timeliness of the sale. It is during this initial two to three week time period that a newly listed home will get the most attention from real estate agents working on behalf of their home...

Brazilian Beat 2018 | Downtown Boca Raton

Brazilian Beat 2018

On Saturday, September 8th, Brazilian Beat 2018 will be held at Mizner Park Amphitheater in Downtown Boca Raton, FL. Now in its 7th year, the Brazilian Beat festival brings the art, music, and dance of Brazilian culture to our local community for the official annual celebration of Brazilian Independence. Headlining Brazilian Beat 2018 will be Dogo Nogueira, one of the biggest stars in Brazilian music today. A multifaceted artist and seven-time Latin Grammy award winner, Nogueira will be singing samba, the rhythmic, upbeat music that is synonymous with Brazilian culture. The event will also feature a Rio-style Samba Parade by SambaLa Samba School, a Zumba showcase, a Capoeira circle, samba drummers, and street dancing, as well as authentic Brazilian cuisine and cocktails.  

The Brazilian Beat festivities will take place from 6:00 pm to 11:00 pm at Mizner Park Amphitheater, located at 590 Plaza Real, Boca Raton, FL 33432. Admission to the event is free and all ages are welcome. With incredible live entertainment, fantastic food, live music, and dancing, Brazilian Beat 2018 is an exciting, high-energy event that you surely do not want to miss. Come out and join the thousands of others from across South Florida to celebrate Brazilian Independence and experience a taste of Rio right here in Boca Raton. We at Champagne & Parisi Real Estate look forward to seeing you there!

For more information about Brazilian Beat, 2018 at Mizner Park Amphitheater call 561-393-7807 or visit the Downtown...