Real Estate Market Update for 33496 (Boca Raton, FL)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 21% from one year earlier, and down 17% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 300-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 33496 (Boca Raton, FL)
Area Information for 33496 (Boca Raton, FL)
  • Population: 21,380
  • Median Age: 56.26 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,299/sq mi
  • Population Change Since 2000: 3.04%
  • Closest Airport: Palm Beach International
  • Closest College: Lynn University
  • Closest Jr. College: Florida College Of Natural Health
  • Median Household Income: $85,137
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $262,500
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 6.89%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33496 (Boca Raton, FL)
Median Age: 56.26 Married: 51% Number of Households: 9,578 Households with Children: 1,874
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33496 (Boca Raton, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Omni Middle School 1.2 mi Public 6-8 4 0
      Spanish River Community High School 1.5 mi Public 9-12 5 4
      Spanish River High Adult Education 1.5 mi Public 9-12 0 0
      Whispering Pines Elementary School 1.8 mi Public K-5 4 0
      Calusa Elementary School 2.2 mi Public K-5 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 33496 (Boca Raton, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.