January 2021: Boca Raton experienced a 11.4% increase in median home prices

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The median sale price of a home sold in January 2021 in Boca Raton rose by $47,500 while total sales increased by 19.6%, according to BlockShopper.com.

In January 2021, there were 220 homes sold, with a median sale price of $462,500 - a 11.4% increase over the $415,000 median sale price for the same period of the previous year. There were 184 homes sold in Boca Raton in January 2020.

The median sales tax in Boca Raton for the most recent year with available data, 2018, was $4,635, approximately 1% of the median home sale price for January 2021.

The following table compares Boca Raton to other Palm Beach County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Jupiter (unincorporated)242020%$554,700$400,00038.7%
Loxahatchee Groves42100%$532,500$220,500141.5%
Tequesta (unincorporated)12771.4%$523,000$565,000-7.4%
Highland Beach2411118.2%$497,500$790,000-37%
West Delray110%$465,000$455,0002.2%
Boca Raton22018419.6%$462,500$415,00011.4%
Palm Beach Gardens (unincorporated)3738-2.6%$455,000$487,250-6.6%
Lake Clarke Shores57-28.6%$450,000$375,00020%
Loxahatchee (unincorporated)2125-16%$425,000$315,00034.9%
Juno Beach2412100%$405,000$470,000-13.8%

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