South Florida

Boca Raton, FL

Single-Family Homes

Real Estate Market Reports



Boca Raton, FL

Fri Jun 21 2024
This week the median list price for Boca Raton, FL is $1,350,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 711. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Boca Raton, FL

Fri Jun 21 2024
This week the median list price for Boca Raton, FL is $1,350,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 711. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Boca Raton market.
Median List Price $1,350,000
Median Price of New Listings $975,000
Per Square Foot $491
Average Days on Market 121
Median Days on Market 63
Price Decreased 47%
Price Increased 4%
Relisted 10%
Inventory 711
Median Rent
Market Action 35
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$5,495,000 5,832 0.25 - 0.5 acre 5 6 11 12 13 140
$1,912,500 3,319 8,000 - 10,000 sqft 4 3.5 36 15 17 63
$966,750 2,381 8,000 - 10,000 sqft 4 2.5 35 19 21 42
$651,714 1,720 4,500 - 6,500 sqft 3 2 39 21 26 45