Is Boca Raton, FL 33427 a buyer’s or seller’s market?
Boca Raton is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Boca Raton housing market right now
In the three months ending August 31, 2026, 0% of homes in Boca Raton, FL 33427 sold above their list price, the typical home went under contract in 272 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (86 days then) and the median sale price fell 39% to $574,751. Overall, Boca Raton is less competitive than a year ago, which gives buyers more room.
Run the numbers for 33427
Where Boca Raton is
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Questions about Boca Raton real estate
Is Boca Raton a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Boca Raton, FL 33427 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Boca Raton?
The typical home went under contract in 272 days in the latest three months.
Do homes in Boca Raton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What is the median home price in Boca Raton?
The median sale price was $574,751 in the three months ending August 31, 2026, about $458 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology