Boca Raton, FL Housing Market Report

The Boca Raton real estate market is currently undergoing a significant transition toward a buyer-friendly environment. As of December 2025, the median home value stands at $546,158, reflecting a 4.09% decrease compared to the previous year. This cooling trend is further evidenced by a substantial increase in the time properties spend on the market, which has climbed to 111 days—an increase of 23 days year-over-year. With a sale-to-list ratio of 0.96, buyers are successfully negotiating prices approximately 4% below asking, signaling that the era of aggressive bidding wars has largely subsided in favor of more balanced negotiations.

Price trends over the last six months indicate a period of stabilization following a mid-year dip. After hitting a low of $543,927 in October, values have seen modest incremental gains through November and December. This suggests that while the market corrected from previous highs, it may be finding a new floor. Meanwhile, the rental market remains resilient with a median rent of $2,896, up 2.48% year-over-year. This divergence between softening purchase prices and rising rents suggests that high borrowing costs or strict lending standards may be keeping potential buyers in the rental pool, even as inventory levels rise slightly to 51,735 active listings.

Looking ahead, the outlook for Boca Raton suggests a period of cautious opportunity. For sellers, the increased days on market and the 0.96 sale-to-list ratio mean that pricing strategy and property condition are more critical than ever; homes must be priced competitively to stand out in a growing inventory. For buyers, the current climate offers more leverage and selection than has been seen in recent years. However, with prices showing signs of leveling off in the final quarter of 2025, those waiting for a total market crash may find that the window of maximum negotiation power is currently open. Investors should note the steady rental growth, which may offer attractive yields as entry prices soften.