Real Estate Market Update for Boca Raton, FL
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 22% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 37%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold decreased 2% year-over-year, and decreased 32% 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 Boca Raton, FL
Area Information for Boca Raton, FL
  • Population: 91,110
  • Median Age: 46.99 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 3,106/sq mi
  • Population Change Since 2000: 7.18%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Florida Atlantic University
  • Closest Jr. College: Florida College Of Natural Health
  • Median Household Income: $73,791
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $350,000
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 9.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Boca Raton, FL
Median Age: 46.99 Married: 42% Number of Households: 39,791 Households with Children: 8,493
Community:
    • 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 Boca Raton, FL

      School Name Distance Type Grades School Rating Parent Rating
      St. Andrew's School 1.0 mi Private K-12 0 0
      Spanish River Community High School 1.4 mi Public 9-12 5 4
      Spanish River High Adult Education 1.4 mi Public 9-12 0 0
      Pine Crest School - Boca Raton 1.5 mi Private PRESCHOOL-8 0 0
      Verde Elementary School 1.5 mi Public K-5 4 0
      Del Prado Elementary School 1.6 mi Public K-5 5 5
      Olympic Heights Adult Education Center 1.6 mi Public 9-12 0 0
      Olympic Heights Community High School 1.6 mi Public 9-12 4 3
      Omni Middle School 1.7 mi Public 6-8 5 0
      Saint Jude Catholic School 1.9 mi Catholic PRESCHOOL-8 0 0
      Emerging Minds Montessori Academy 1.9 mi Private PRESCHOOL-8 0 0
      The Harid Conservatory 2.0 mi Private 9-12 0 0
      Inspired 2 Think Virtual Charter School 2.1 mi Public - 0 0
      Spanish River Christian School 2.1 mi Private PRESCHOOL-8 0 0
      Boca Raton Jewish Learning Center 2.2 mi Private PRESCHOOL-K 0 0
      Weinbaum Yeshiva High School 2.2 mi Private 9-12 0 4
      Hillel Day School Of Boca Raton 2.4 mi Private PRESCHOOL-8 0 0
      Whispering Pines Elementary School 2.5 mi Public K-5 4 0
      Pope John Paul Ii High School 2.5 mi Catholic 9-12 0 3
      Don Estridge High Tech Middle School 2.5 mi Public 6-8 5 0
      Donna Klein Jewish Academy 2.7 mi Private K-12 0 0
      Hammock Pointe Elementary School 2.8 mi Public PRESCHOOL-5 3 0
      Calusa Elementary School 2.8 mi Public K-5 5 0
      Boca Raton Community High School 2.9 mi Public 9-12 5 4
      Boca Raton High Adult Education Center 2.9 mi Public 9-12 0 0
      West Glades Montessori School 3.2 mi Private PRESCHOOL-3 0 0
      Boca Raton Middle Adult Education Center 3.3 mi Public - 0 0
      Boca Raton Community Middle School 3.3 mi Public 6-8 4 0
      Boca Prep International School 3.3 mi Private PRESCHOOL-12 0 0
      Boca Raton Preschool 3.4 mi Private - 0 0
      Children's Learning Center 3.5 mi Private PRESCHOOL-K 0 0
      Addison Mizner Elementary School 3.7 mi Public K-5 5 0
      Florida Atlantic University Schools 3.8 mi Public K-12 5 0
      Score At The Top Learning Center 4.0 mi Private K-12 0 0
      Coral Sunset Elementary School 4.0 mi Public PRESCHOOL-5 2 0
      Primary Learning Place 4.0 mi Private PRESCHOOL-1 0 0
      Sandpiper Shores Elementary School 4.1 mi Public PRESCHOOL-5 4 0
      Academic Alternative High School Boca Raton 4.1 mi Private 9-12 0 0
      Garden Of The Sahaba Academy 4.1 mi Private PRESCHOOL-11 0 0
      J. C. Mitchell Elementary School 4.1 mi Public PRESCHOOL-5 3 0
      Claremont Montessori School 4.1 mi Private 1-8 0 0
      Eagles Landing Middle School 4.2 mi Public 6-8 4 3
      Sunrise Park Elementary School 4.2 mi Public PRESCHOOL-5 4 0
      St Paul Lutheran School 4.2 mi Private PRESCHOOL-8 0 0
      Torah Academy Of Boca Raton 4.3 mi Private PRESCHOOL-6 0 0
      The Seal Academy 4.5 mi Private 6-12 0 0
      Grandview Preparatory School 4.5 mi Private PRESCHOOL-12 0 0
      Boca Raton Christian School 4.5 mi Private PRESCHOOL-12 0 0
      Children's House Montessori School East Boca 4.5 mi Private PRESCHOOL-K 0 0
      New Horizon Academy 4.5 mi Private 6-12 0 0
      Torah Academy Of Boca Raton, Inc 4.5 mi Private - 0 0
      Sea Star 4.7 mi Private - 0 0
      Somerset Academy Boca Middle School 4.7 mi Public 6-7 4 0
      Somerset Academy Boca East 4.7 mi Public K-8 4 2
      Loggers' Run Community Middle School 4.8 mi Public 6-8 4 4
      Saint Joan Of Arc 4.8 mi Catholic PRESCHOOL-8 0 0
      Boca Raton Elementary School 4.9 mi Public K-5 3 0
      Boca Raton Charter School 4.9 mi Public K-5 2 0
      Mece Inc 5.0 mi Private PRESCHOOL-K 0 0
      Advent Lutheran School 5.1 mi Private PRESCHOOL-8 0 0
      Waters Edge Elementary School 5.6 mi Public PRESCHOOL-5 5 0
      West Boca Raton High School 5.8 mi Public 9-12 4 3
      West Boca Raton Community High School Adult Educat 5.8 mi Public - 0 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 © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Boca Raton, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.