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Boca Raton

Why you'd want to live in Boca Raton

Boca Raton, the second largest city in the Palm Beaches, is a community where history and innovation come together. Influenced by the notable architect, Addison Mizner, Boca Raton was built around an elegant Mediterranean Revival style that later grew into a vibrant city full of rich art and culture. From live concerts and international art exhibits to outdoor festivals and world-class museums, Boca Raton's dynamic cultural scene offers unique experiences for all ages. Boca Raton has five miles of beautiful Atlantic coastline and 46 parks with 1,650 acres of recreational space to encourage a healthy and active lifestyle. One of the first cities in the U.S. to adopt a tree protection ordinance, the City of Boca Raton boasts landscapes with endless nature trails, green spaces and waterfront activities. Boca Raton also has a thriving business community that was pioneered from the development of the personal computer (PC) at the Boca Raton-based IBM campus in 1967. Today, over 30 corporate headquarters, from innovative startups to large corporations, call the City of Boca Raton home. The Boca Raton Airport offers a customs facility that welcomes travelers from all over the world, conveniently putting them minutes away from business centers, entertainment, world-class dining and one of South Florida’s top luxury shopping malls that features a mix of upscale specialty shops and department stores. Boca Raton has three nationally ranked universities and an abundance of A-rated public and private K-12 schools that ingrain education, research and innovation into the community. With a homegrown, educated workforce to build from, entrepreneurs and startups thrive in Boca Raton’s climate. A true “full service” city, Boca Raton is consistently recognized for being one of the safest cities to live in and for having one of the lowest property tax rates for a full-service city in Florida. The City of Boca Raton offers a unique and unparalleled quality of life you can only truly experience when you are here. via myboca.us

Boca Raton Market Report

$525,894

AVERAGE PRICE OF 19 DISTRESSED HOMES

$6,637,053

AVERAGE PRICE OF 155 NEWLY BUILT HOMES

$905,470

AVERAGE PRICE OF 80 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $254,870
2 bedrooms $468,425
3 bedrooms $1,021,167
4 bedrooms $1,716,503
5 bedrooms $3,327,979
Boca Raton Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 364 366 360 359 349
Average Price $867,039 $897,867 $921,138 $869,443 $861,473
Avg Price Change -3.56% -2.59% +5.95% +0.93% -8.75%
Median Price $453,453 $476,261 $475,436 $468,937 $468,225
Med Price Change -5.03% +0.17% +1.39% +0.15% -3.42%
Avg Bedrooms 2.61 beds 2.62 beds 2.61 beds 2.6 beds 2.62 beds
Avg Bathrooms 2.18 baths 2.19 baths 2.2 baths 2.18 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boca Raton Community 59 $1,322,352 29 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,808 n/a 42 days
Distressed Homes 19 $525,894 24 days
Multi-Million Dollar Homes 887 n/a 55 days
Newly Built Homes 155 $6,637,053 52 days
Homes with a Pool 1,255 n/a 41 days
Reduced Price Homes 80 $905,470 32 days
Elite Realty of South Florida, LLC
Glenn Lewis
7805 NW Beacon Square Blvd #102
Boca Raton, FL 33487
561-367-7767

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