Boca Raton, FL

Buyer's market-22.5% YoY

Housing market overview · Updated weekly

$930,000median sale price

Homes sold

120

Last 12 weeks

Days on market

94

Average pace

Active listings

1,040

8.7 months supply

Sale-to-list

94.1%

Below asking

The Boca Raton housing market is currently classified as a buyer's market with a median sale price of $930,000. Prices have fallen 22.5% compared to last year, with homes spending an average of 94 days on market, indicating 8.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Boca Raton?

The median home sale price in Boca Raton is $930,000, down 22.5% from last year.

How long do homes stay on market in Boca Raton?

Homes typically spend 94 days on market before going under contract.

Is Boca Raton a buyer's or seller's market?

With 8.7 months of supply, Boca Raton is currently a buyer's market.

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