Boca Raton Luxury Market Report
Q4 2025
Prepared by Boca Palm Estates, Powered by The Karp Group
Executive Summary
The final quarter of 2025 signaled a "Normalization" for Boca Raton's luxury real estate. While the market remains a top destination for wealth migration, the post-pandemic frenzy has been replaced by a balanced-to-buyer-favored environment. Total inventory rose by approximately 55% year-over-year, reaching 1,838 active listings, giving buyers more leverage than at any point in the last five years.
• Pricing Stability: The median luxury sale price held steady at $2,005,000, a 3% increase over 2024, proving that while speed has slowed, value remains resilient.
• Bifurcated Momentum: A clear divide exists between the mid-tier luxury segment and the $10M+ "Trophy" market,where sales volume increased by 15% due to the extreme scarcity of ultra-premium waterfront estates.
• The Turnkey Premium: Demand is almost exclusively concentrated on move-in-ready homes. Properties requiringrenovation are lingering on the market, often requiring price adjustments of 11% or more to move.
Key Market Statistics (Q4 2025)
|
Metric |
Q4 2025 |
Q4 2024 |
YoY Change |
|
Median Sale Price |
$2,005,000 |
$1,946,000 |
+3.0% |
|
Avg. Days on Market |
81 – 91 Days |
49 Days |
+65% |
|
Inventory (Active) |
1,838 Units |
1,180 Units |
+55.8% |
|
Price per Sq. Ft. |
$660 |
$594 |
+11.0% |
|
Months of Supply |
3.4 Months |
2.4 Months |
+42.7% |
Pricing Segment Analysis
$2M – $4M: The Market Engine
• Market Status: Balanced / Slight Seller Lean.
• Absorption Rate: Approximately 5 months.
• Insight: This remains the most active tier, with properties in modern gated communities like Lotus Palm selling for up to 98% of asking price.
$4M – $6M: The Strategic Sweet Spot
• Market Status: Balanced.
• Absorption Rate: 7 months.
• Insight: Buyers in this range are exercising extreme patience. While the price per square foot remains strong, marketing times have increased as buyers wait for homes that check every "turnkey" box.
$6M – $10M: The Cooling Zone
• Market Status: Buyer’s Market.
• Insight: This segment is showing clear signs of oversupply. Sellers of older "dry lot" estates are finding it harder to justify pandemic-era premiums, leading to a 2% dip in sales volume for this specific bracket.
$10M+: The Trophy Market
• Market Status: Seller’s Market (Scarcity-Driven).
• Absorption Rate: 4.2 months.
• Insight: Ultra-luxury remains the high-momentum outlier. Ultra-high-net-worth (UHNW) buyers are pursuing unique waterfront estates in enclaves like Royal Palm Yacht & Country Club, where the median sale price has reached $12.5M.
Expert Commentary
"As we close out 2025, the Boca Raton luxury market has entered its most rational phase in a decade. We are no longer in a market where a high price is just a starting point; we are in a market of precision. The 'Delta' between an average property and an exceptional, turnkey estate has never been wider. For buyers, the increased inventory offers a rare window of selection, but for sellers, the data is clear: perfection is the only hedge against longer days on market." — Michael Unger, Boca Palm Estates
