The Pearl Antonacci Group

Boca Raton, FL

Single-Family Homes

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Boca Raton, FL

Thu Dec 01 2022
This week the median list price for Boca Raton, FL is $1,120,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 667. Click here to stay informed with the Boca Raton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Boca Raton, FL

Thu Dec 01 2022
This week the median list price for Boca Raton, FL is $1,120,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 667. Click here to stay informed with the Boca Raton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Boca Raton market.
Median List Price $1,120,000
Median Price of New Listings $879,000
Per Square Foot $439
Average Days on Market 103
Median Days on Market 77
Price Decreased 49%
Price Increased 3%
Relisted 8%
Inventory 667
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,997,500 5,815 0.25 - 0.5 acre 5 6 19 10 4 119
$1,550,000 3,168 0.25 - 0.5 acre 4 3.5 35 9 17 91
$875,000 2,367 8,000 - 10,000 sqft 4 2.5 36 10 5 63
$599,000 1,812 6,500 - 8,000 sqft 3 2 39 14 20 56