Sales Decline in Boca Raton Real Estate Market

Home sales in the Boca Raton market remained slow in this week's report as they dropped 12.5% to seven homes sold over the last 30 days. Meanwhile, close-by Pompano Beach reported 26 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $610,000 over the latest reporting period for Boca Raton, down from $612,500. With decreasing sales and the availability of 190 months of inventory, Boca Raton is a definite buyer's market.

You can be the one to discover a gem in Boca Raton by checking out these new listings:

$413K   $899K   $435K  

Get started right now by checking out Boca Raton homes for sale or reviewing Boca Raton real estate trends.

Demographic facts about Boca Raton:

  • The median house value here is $194,300.
  • The area gets 120 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 10.1%.
  • The student-to-teacher ratio is 16.7:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty
Snapped 32 homes in this area
Realty Associates Florida Properties
Snapped 3184 homes in this area
RE/MAX Supreme
Snapped 7 homes in this area

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