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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

$1,610,064

AVERAGE PRICE OF 2,704 HOMES

$794,358

AVERAGE PRICE OF 6 DISTRESSED HOMES

$4,135,110

AVERAGE PRICE OF 859 MULTI-MILLION DOLLAR HOMES

$7,775,464

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$2,837,105

AVERAGE PRICE OF 1,023 HOMES WITH A POOL

$973,418

AVERAGE PRICE OF 155 REDUCED PRICE HOMES

Average Home

Average Price $1,610,064
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.98 baths

Average Price by Bedrooms

1 bedroom $223,533
2 bedrooms $494,623
3 bedrooms $1,140,513
4 bedrooms $2,120,020
5 bedrooms $4,675,037
Boca Raton Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 2,443 2,406 2,359 2,290 2,325
Average Price $1,629,437 $1,642,825 $1,594,760 $1,600,707 $1,583,190
Avg Price Change -0.82% +3.01% -0.37% +1.11% +0.57%
Median Price $608,707 $609,036 $605,513 $607,026 $609,673
Med Price Change -0.05% +0.58% -0.25% -0.44% -1.89%
Avg Bedrooms 2.87 beds 2.89 beds 2.92 beds 2.91 beds 2.91 beds
Avg Bathrooms 2.99 baths 3.02 baths 3.05 baths 3.04 baths 3.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boca Raton Community 561 $2,072,895 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,704 $1,610,064 93 days
Distressed Homes 6 $794,358 114 days
Multi-Million Dollar Homes 859 $4,135,110 103 days
Newly Built Homes 127 $7,775,464 125 days
Homes with a Pool 1,023 $2,837,105 91 days
Reduced Price Homes 155 $973,418 85 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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