Is Century Village Boca Raton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Century Village Boca Raton was a Seller's Market.
Key Takeaway
Century Village Boca Raton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Century Village Boca Raton, FL
How much do homes in Century Village Boca Raton, FL cost?
Median Sold Price
$160,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Century Village Boca Raton have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Century Village Boca Raton was $160,000 in March 2024, up 6.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $121K | +2.1% |
| 2 Bedrooms | $167K | $175K | +4.8% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Century Village Boca Raton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 4.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Boca West Country Club | $330K | $373.3K | +13.1% |
| Century Village Boca Raton | $150K | $160K | +6.7% |
| Whisper Walk | $314.5K | $330K | +4.9% |
| Woodfield Country Club | $1.5M | $1.2M | -21.1% |
Housing Supply in Century Village Boca Raton, FL
How many homes are available in Century Village Boca Raton, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 214 | 248 | +15.9% |
Summary: The Century Village Boca Raton real estate market had 248 homes for sale in March 2024, a 15.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 66 | 78 | +18.2% |
| 2 Bedrooms | 148 | 170 | +14.9% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Century Village Boca Raton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 14.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Century Village Boca Raton, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Century Village Boca Raton in March 2024, up by 33.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Century Village Boca Raton, FL
How long does it take to sell a home in Century Village Boca Raton, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 54 Days | +8.4% |
Summary: Homes in Century Village Boca Raton had an average of 54 days on market in Mar 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Century Village Boca Raton has remained consistent over time.
Summary: During March 2024, 16 homes were sold in Century Village Boca Raton; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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