$7,719 Closing Credit*
$650,000
1,300 SqFt
2 Beds
•2 Full Baths
Paula J Catino, Listing Office: RE/MAX Services
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 November 2023
At the same time last year, Boca Raton Square was a Buyer's Market.
Key Takeaway
Boca Raton Square is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Boca Raton Square, FL
How much do homes in Boca Raton Square, FL cost?
Median Sold Price
$790,000
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,000(+7.3%)
Key Takeaway
Homes in Boca Raton Square have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Boca Raton Square was $790,000 in November 2024, up 7.3% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $646K | $655K | +1.4% |
| 3 Bedrooms | $750K | $745K | -0.7% |
| 4 Bedrooms | $810K | $815K | +0.6% |
| 5+ Bedrooms | $662K | $817K | +23.4% |
Summary: Boca Raton Square housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 23.4%.
Housing Supply in Boca Raton Square, FL
How many homes are available in Boca Raton Square, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Boca Raton Square real estate market had 21 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Boca Raton Square housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boca Raton Square, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Boca Raton Square in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 75 Days | +11.3% |
Summary: Homes in Boca Raton Square had an average of 75 days on market in Nov 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boca Raton Square are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Boca Raton Square; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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