Is Boca Raton Square, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Boca Raton Square was a Seller's Market.
Housing Prices in Boca Raton Square, FL
How much do homes in Boca Raton Square, FL cost?
Median Sold Price
$772,000
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boca Raton Square was $772,000 in April 2024, up 7.2% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $687.5K | $646K | -6.0% |
3 Bedrooms | $712.5K | $881K | +23.6% |
4 Bedrooms | $852.5K | $960K | +12.6% |
5+ Bedrooms | $662K | $1.3M | +105.4% |
Summary: Boca Raton Square housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 105.4%.
Housing Supply in Boca Raton Square, FL
How many homes are available in Boca Raton Square, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 27 | +50.0% |
Summary: The Boca Raton Square real estate market had 27 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Boca Raton Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Boca Raton Square in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Boca Raton Square, FL
How long does it take to sell a home in Boca Raton Square, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 42 Days | +130.1% |
Summary: Homes in Boca Raton Square had an average of 42 days on market in Apr 2024, up by 130.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Boca Raton Square; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.