MATT & NICK TEAM
Office
648 George Bush Blvd
Delray Beach FL 33483
Housing Market Trends
Boca Raton’s housing market is relatively calm, with homes receiving about one offer on average and selling in roughly 93 days. Last month, the median sale price was $700K, reflecting a 4.1% decrease from the previous year. The median price per square foot is $384, down 2.2% year-over-year.
In July 2025, Boca Raton’s housing market showed signs of cooling, with the median home price dropping 4.1% year-over-year to $700K. Homes are also taking longer to sell—averaging 93 days on the market compared to 85 days last year—indicating that buyers have more time to negotiate and be selective. Sales volume fell from 212 to 171 homes, suggesting reduced demand or greater caution among buyers, possibly influenced by shifting economic conditions or affordability concerns.
Boca Raton’s housing market currently favors buyers, with homes taking an average of about 78 days to go under contract and multiple-offer situations being uncommon. Most properties sell for roughly 6% below the list price, giving buyers room to negotiate. Even in-demand homes move more slowly compared to hotter markets, selling for about 1% below asking and going pending in around 42 days, indicating that while well-priced listings attract attention, overall competition remains limited.
In July 2025, Boca Raton, FL reflected a balanced housing market, where buyer demand and available inventory are relatively aligned. This equilibrium means homes are neither flying off the market in bidding wars nor sitting unsold for extended periods, creating a more predictable environment for both buyers and sellers. For buyers, it offers the chance to negotiate without the intense pressure of a seller’s market, while sellers can still find qualified buyers without having to make steep price cuts. This stability often signals a healthier, more sustainable market over the long term.
For detailed, up-to-date information on buying a house in Boca Raton, including legal considerations and market trends, you can talk to us.
South Florida premiums hinge on roof age, impact‑rated openings, elevation, and distance to water. Under FEMA’s Risk Rating 2.0, flood insurance pricing reflects each property’s individual risk (e.g., proximity to canals/Intracoastal, replacement cost), so two similar homes can carry very different rates. Obtain a wind‑mitigation and 4‑point inspection up front, review any elevation certificate, and model total carrying costs with realistic hurricane deductibles.
Florida now requires “Milestone” structural inspections for 3‑story+ condos (generally by 30 years old, sooner near the coast) and Structural Integrity Reserve Studies (SIRS) with funded reserves. Buyers should scrutinize the latest engineering reports, reserve schedules, planned concrete/restoration projects, and any special assessments that could affect dues and resale timelines. Request board minutes and lender questionnaires to surface upcoming capital work.
Many Boca neighborhoods (e.g., golf/tennis club developments) require or incentivize membership with equity buy‑ins, annual dues, and food & beverage minimums. Confirm whether membership is mandatory, the category (golf/tennis/social), transfer fees at resale, guest policies, and capital contribution obligations. Compare lifestyle value (tee time access, court availability, dining, wellness) to dues and long‑term resale demand within that club ecosystem.
An address can read “Boca Raton” yet be outside city limits. This impacts tax millage, utility providers (city water/sewer vs. well/septic), permitting rules for additions or pools, trash services, and police/fire coverage. Verify jurisdiction early, then align inspections (e.g., private system checks), insurance quotes, and remodel plans with the correct authority.
For Intracoastal/canal properties, evaluate seawall age/condition, cap elevation, permits, and maintenance history; inspect docks, pilings, and boat lift capacities. Bridge opening schedules and clearances influence ocean access and day‑to‑day boating convenience—factor run‑times to the Boca Raton Inlet and local drawbridge operations when valuing a lot. Confirm any wake/no‑wake rules and shoreline responsibilities (owner vs. HOA/municipal).
Boca’s Brightline station near Mizner Park improves Miami–Orlando connectivity and can enhance downtown property appeal; check travel patterns if you commute regionally. Separately, proximity to Boca Raton Airport (KBCT) flight paths or rail lines can affect sound levels—review airport noise‑abatement materials, visit at different times of day, and consider window/insulation upgrades.
MATT & NICK TEAM
Office
648 George Bush Blvd
Delray Beach FL 33483
The Matt and Nick Team understand that buying or selling a home is one of the most significant decisions a person can make. They are dedicated to helping their clients overcome any challenges and are grateful for the opportunity to accompany them on their journey. Contact the Matt and Nick Team today to get started!
MATT & NICK TEAM
Office
648 George Bush Blvd
Delray Beach FL 33483
The Matt and Nick Team understand that buying or selling a home is one of the most significant decisions a person can make. They are dedicated to helping their clients overcome any challenges and are grateful for the opportunity to accompany them on their journey. Contact the Matt and Nick Team today to get started!
