Market report
The Boca Raton luxury market, in numbers.
This report compiles the most recent published data on the Boca Raton and Delray Beach luxury tier, with the context that makes the numbers useful. Figures are drawn from third-party market reports and change throughout the year; treat them as a starting point, not a forecast.
The luxury tier
Single-family luxury in Boca Raton & Delray Beach
Source: Institute for Luxury Home Marketing Boca Raton & Delray Beach Report, July 2026 data, published August 2026.
The luxury tier (in this report, roughly $1.2 million and up for single-family homes) moved into seller-friendly territory during 2026, with the median single-family luxury price at $2.10 million, up 3% year over year, and price per square foot up 11%. Inventory of roughly 490 homes against monthly absorption put the sales ratio at about 27%, a level the Institute for Luxury Home Marketing classifies as a seller's market. For buyers, that means decisions matter: well-priced homes are moving, and the strongest offer with the fewest contingencies typically wins.
The wider market
All of Boca Raton, for context
Source: Redfin Boca Raton housing market data, August 2026. Different sources define the market differently; figures are directional, not identical.
Metro-level medians are reported differently by each source and can vary widely depending on what mix of condos, townhomes, and single-family homes is included. Across sources, the trend through 2026 is consistent: the broader market softened into balance while the luxury tier remained the most resilient segment, driven by waterfront scarcity, relocation demand, and out-of-state buyers. Days on market for well-positioned luxury homes has trended lower than the market at large.
What I watch each month
The signals behind the headlines.
- Inventory at each price tier, not just the median, because the $2 million market behaves differently from the $1 million market.
- Price per square foot trends in specific corridors: the intracoastal, the beach, and the gated club communities.
- Days on market and sale-to-list ratios, which reveal whether buyers or sellers hold the advantage.
- New construction deliveries in East Boca and downtown, which change resale competition.
- Relocation volume and foreign interest, which carry both the season and the year.
Sources
- August 2026 luxury market report Boca Raton & Delray Beach luxury data via the Institute for Luxury Home Marketing reporting program.
- Redfin Boca Raton housing market Metro-level medians and year-over-year trends, August 2026.
- January 2026 luxury market report Context on the 2025 close and the early 2026 luxury market.
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