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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. Welcome home.

Boca Raton Market Report

$506,633

AVERAGE PRICE OF 6 DISTRESSED HOMES

$6,860,389

AVERAGE PRICE OF 158 NEWLY BUILT HOMES

$1,390,942

AVERAGE PRICE OF 122 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $231,980
2 bedrooms $519,144
3 bedrooms $1,034,345
4 bedrooms $2,042,216
5 bedrooms $3,477,292
Boca Raton Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,909 1,829 1,740 1,749 1,755
Average Price n/a n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price $748,027 $744,292 $743,105 $725,531 $727,578
Med Price Change +0.50% +0.16% +2.42% -0.28% -0.87%
Avg Bedrooms 2.88 beds 2.87 beds 2.85 beds 2.85 beds 2.86 beds
Avg Bathrooms 2.73 baths 2.73 baths 2.71 baths 2.69 baths 2.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boca Raton Community 4 $586,250 11 days
Boca Raton Community High School 410 $2,587,380 161 days
Everglades High School 1 $6,750,000 178 days
Olympic Heights Community High 151 $1,552,742 77 days
Spanish River Community 16 $1,131,494 46 days
Spanish River Community High School 339 $1,513,372 90 days
West Boca Raton High School 61 $1,028,462 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,935 n/a 99 days
Distressed Homes 6 $506,633 218 days
Multi-Million Dollar Homes 752 n/a 138 days
Newly Built Homes 158 $6,860,389 252 days
Homes with a Pool 860 n/a 97 days
Reduced Price Homes 122 $1,390,942 60 days
Doug Campion - Re/Max 1st Choice
5080 PGA Boulevard
Palm Beach Gardens, FL 33418
561-339-6969
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Andrew W. Johnson P.A. - eXp Realty
Andrew Johnson Team
561-945-7262 cell
561-627-9330 office
andy@primepalmbeach.com

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Michael Reed
Mortgage Advisor
NMLS-60135
951 Yamato Road Suite 150
Boca Raton, FL
Office: (855) 762-2735
mreed@financeofamerica.com

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