March 2025
Boca Raton Market Stats
The Boca Raton real estate market in March 2025 reflected cooler buyer activity and growing inventory levels compared to a year ago. Home prices adjusted as inventory expanded, offering more opportunities for buyers to explore available listings.
Boca Raton Single-Family Home
In March 2025, Boca Raton’s single-family home market showed a slowdown in sales activity and pricing:
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Closed Sales: 68 (down 18% year-over-year)
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Median Sales Price: $1,037,500 (down 24% year-over-year)
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Active Inventory: 388 homes (up 6.9% year-over-year)
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Months Supply of Inventory: 5.3 months (up from 5.0 months a year ago)
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New Listings: 131 (up 8.3% year-over-year)
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New Pending Sales: 96 (down 6.8% year-over-year)
The decrease in closed sales and median price, coupled with rising inventory, signals a market gradually tilting toward more favorable conditions for buyers.
Boca Raton Townhouses and Condos
The townhouse and condo sector in Boca Raton experienced similar patterns, with pricing softening and inventory building:
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Closed Sales: 80 (down 16% year-over-year)
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Median Sales Price: $485,000 (down 9.3% year-over-year)
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Active Inventory: 633 units (up 16% year-over-year)
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Months Supply of Inventory: 9.8 months (up from 7.6 months a year ago)
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New Listings: 144 (down 10% year-over-year)
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New Pending Sales: 107 (up 9.2% year-over-year)
While closed sales for townhouses and condos declined, the rise in pending sales suggests emerging buyer interest as prices adjust and inventory expands.
