Real Estate Market Update for Boca Raton, FL
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Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 9% from one year earlier, and down 4% 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 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 42%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold decreased 50% 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.
Map Information for Boca Raton, FL
Area Information for Boca Raton, FL
  • Population: 85,965
  • Median Age: 44.7 yr
  • Median Commute Time: 16.66 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 2,931/sq mi
  • Population Change Since 2000: 3.47%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Florida Atlantic University
  • Closest Jr. College: Florida College Of Natural Health
  • Median Household Income: $71,806
  • Annual Residential Turnover: 16.21%
  • Median Years in Residence: 2.95 yr
  • Median Home Sales Price: $250,000
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Boca Raton, FL
Median Age: 44.7 Married: 34% Number of Households: 38,696 Households with Children: 8,724
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 GreatSchools Rating Parent Rating
      St. Andrew's School 1.0 mi Private PRESCHOOL-12 0 4
      Spanish River Community High School 1.4 mi Public 9-12 4-5 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 4
      Verde Elementary School 1.5 mi Public K-5 4-5 4
      Del Prado Elementary School 1.6 mi Public PRESCHOOL-5 5 4
      Olympic Heights Community High School 1.6 mi Public 9-12 3-5 4
      Olympic Heights Adult Education Center 1.6 mi Public 9-12 0 0
      Omni Middle School 1.7 mi Public 6-8 5 4
      Emerging Minds Montessori Academy 1.9 mi Private PRESCHOOL-K 0 0
      The Harid Conservatory 1.9 mi Private 9-12 0 0
      St Jude Catholic School 2.0 mi Catholic K-8 0 4
      Spanish River Christian School 2.1 mi Private PRESCHOOL-8 0 5
      Weinbaum Yeshiva High School 2.2 mi Private 9-12 0 0
      Boca Raton Jewish Learning Center 2.2 mi Private PRESCHOOL-K 0 0
      Hillel Day School Of Boca Raton 2.4 mi Private PRESCHOOL-8 0 5
      Whispering Pines Elementary School 2.5 mi Public K-5 4-5 4
      Pope John Paul Ii High School 2.5 mi Catholic 8-12 0 3
      Don Estridge High Tech Middle School 2.6 mi Public 6-8 5 4
      Donna Klein Jewish Academy 2.7 mi Private K-12 0 4
      Hammock Pointe Elementary School 2.8 mi Public PRESCHOOL-5 3-5 4
      Calusa Elementary School 2.8 mi Public PRESCHOOL-5 4-5 4
      Boca Raton High Adult Education Center 2.9 mi Public UNGRADE-UNGRADE 0 0
      Boca Raton Community High School 2.9 mi Public 9-12 4-5 4
      West Glades Montessori School 3.2 mi Private PRESCHOOL-3 0 4
      Boca Prep International School 3.3 mi Private PRESCHOOL-12 0 4
      Boca Raton Middle Adult Education Center 3.4 mi Public - 0 0
      Boca Raton Community Middle School 3.4 mi Public 6-8 4 4
      Addison Mizner Elementary School 3.7 mi Public K-5 5 4
      Coral Sunset Elementary School 3.9 mi Public PRESCHOOL-5 3 4
      Score At The Top Learning Center 4.0 mi Private K-12 0 0
      Sandpiper Shores Elementary School 4.1 mi Public PRESCHOOL-5 4-5 4
      Primary Learning Place 4.1 mi Private PRESCHOOL-1 0 3
      Academic Alternative High School Boca Raton 4.1 mi Private 6-12 0 0
      Garden Of The Sahaba Academy 4.1 mi Private PRESCHOOL-8 0 3
      J. C. Mitchell Elementary School 4.1 mi Public PRESCHOOL-5 3-5 4
      Claremont Montessori School 4.1 mi Private 1-8 0 4
      Eagles Landing Middle School 4.2 mi Public 6-8 4-5 4
      Sunrise Park Elementary School 4.2 mi Public PRESCHOOL-5 4-5 5
      St Paul Lutheran School 4.2 mi Private PRESCHOOL-8 0 4
      Torah Academy Of Boca Raton 4.3 mi Private PRESCHOOL-5 0 4
      Boca Raton Christian School 4.4 mi Private PRESCHOOL-12 0 4
      The Seal Academy 4.5 mi Private 6-6 0 0
      Grandview Preparatory School 4.5 mi Private PRESCHOOL-12 0 4
      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 4
      Loggers' Run Community Middle School 4.8 mi Public 7-8 4-5 3
      St Joan Of Arc School 4.8 mi Catholic PRESCHOOL-8 0 4
      Boca Raton Elementary School 4.9 mi Public K-5 2-5 4
      Mece Inc 5.0 mi Private PRESCHOOL-K 0 0
      Boca Raton Charter School 5.0 mi Public PRESCHOOL-5 3 5
      Advent Lutheran School 5.1 mi Private PRESCHOOL-8 0 4
      Waters Edge Elementary School 5.6 mi Public PRESCHOOL-5 5 4
      West Boca Raton High School 6.0 mi Public 9-12 4 4
      West Boca Raton Community High School Adult Educat 6.0 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Boca Raton, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.