April: Home prices in Boca Raton increased

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The median sale price of a home sold in April in Boca Raton rose by $150,000 while total sales decreased by 37.5 percent, according to BlockShopper.com.

In April, there were 195 homes sold, with a median sale price of $655,000 - a 29.7 percent increase over the $505,000 median sale price for the same period of the previous year. There were 312 homes sold in Boca Raton in April 2021.

The median sales tax in Boca Raton for the most recent year with available data, 2018, was $4,635, approximately 0.7 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Ocean Ridge36-50$800,000$1,577,500-49.3
West Delray10-$725,000$0-
Juno Beach2429-17.2$712,500$525,00035.7
Tequesta (unincorporated)810-20$691,000$471,00046.7
Jupiter (unincorporated)2742-35.7$675,000$572,00018
Boca Raton195312-37.5$655,000$505,00029.7
Lake Clarke Shores410-60$562,500$447,50025.7
Loxahatchee (unincorporated)1723-26.1$559,000$435,00028.5
Palm Beach Gardens132196-32.7$552,500$405,00036.4

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