South Florida

Boca Raton, FL

Single-Family Homes

Real Estate Market Reports



Boca Raton, FL

Tue Sep 27 2022
This week the median list price for Boca Raton, FL is $1,149,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 615. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Tue Sep 27 2022
This week the median list price for Boca Raton, FL is $1,149,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 615. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,149,000
Median Price of New Listings $1,077,000
Per Square Foot $438
Average Days on Market 82
Median Days on Market 56
Price Decreased 47%
Price Increased 3%
Relisted 9%
Inventory 615
Median Rent
Market Action 35
Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$5,200,000 5,572 0.25 - 0.5 acre 5 6 18 12 8 105
$1,575,000 3,193 8,000 - 10,000 sqft 4 3.5 35 13 18 56
$859,500 2,345 8,000 - 10,000 sqft 4 2.5 36 13 17 49
$582,450 1,797 6,500 - 8,000 sqft 3 2 38 15 19 49