How much do homes in Boca Raton, FL cost?

Median List Price

$597,521

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$46,280(+8.4%)

Key Takeaway

The list price of homes in Boca Raton has increased by 8.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $166.7K$225K+34.9%
2 $299K$349.4K+16.9%
3 $459K$546.2K+19.0%
4 $737.4K$849.9K+15.3%
5+ $2.4M$2.7M+11.4%

Median List Price Compared To Nearby Cities

Deerfield Beach
+24.4%
Highland Beach
+12.6%
Boca Raton
+8.4%
Boynton Beach-Delray Beach
+8.0%
Delray Beach
+6.3%

How many homes are available in Boca Raton, FL?

Number of Homes For Sale

Apr 2021May 2021%
1,115993-10.9%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 4745-4.3%
2 349298-14.6%
3 379332-12.4%
4 1681680.0%
5+ 172150-12.8%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

May 2020May 2021%
256 Days118 Days-53.9%

Breakdown of Home Sale Times

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About Boca Raton, FL

Number of homes for sale in Boca Raton, FL real estate market have reached 993.

In May 2021, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $597,521.

Between April 2021 and May 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 34.9% more expensive, 2 bedrooms properties became 16.9% more expensive, prices of 3 bedrooms properties went up by 19%, 4 bedrooms properties prices increased by 15.3%, prices of 5 bedrooms properties increased by 11.4%.

The number of listings in Boca Raton, FL decreased by 10.9% between April 2021 and May 2021.

Volume of homes for sale changed: number of 1 bedroom homes decreased by 4.3%, volume of 2 bedrooms homes went dowm by 14.6%, volume of 3 bedrooms homes went dowm by 12.4%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes went down by 12.8%.

While more than 45 listings in Boca Raton, FL in May 2021 were sold above asking price, there were more than 42 listings sold at asking price, and more than 155 were sold below.

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