Boca Raton Detached Homes – Non-HOPA, Mandatory HOA Market Update | August 2026

The Boca Raton detached-home market within mandatory HOA communities and outside of 55+ communities continued to demonstrate substantial sales activity through August 2026. While several indicators point toward increasing market activity, rising inventory and relatively stable sale prices create a more balanced overall picture.

Based on the combination of sales volume, absorption, inventory, housing supply, pricing, and marketing time, I would characterize this segment as a stable market with increasing indicators.

Sales Activity Continues to Increase

Sales activity has increased considerably.

There were 644 settled sales during the prior seven-to-twelve-month period, compared with 429 sales during months four through six and 454 during the most recent three months.

Combined, the current six-month period produced 883 settled sales — 239 more sales than occurred during the prior seven-to-twelve-month period. Sales activity also increased during the most recent three months compared with the preceding three-month period.

The absorption rate followed the same pattern, increasing from 107.33 sales per month during the prior seven-to-twelve-month period to 143.00 sales per month during months four through six and 151.33 sales per month during the current three months.

That represents a substantial increase in the rate at which available properties are being absorbed by the market.

Inventory Has Also Increased

The other side of the market is inventory.

Active listings increased from 273 during the prior seven-to-twelve-month period to 281 during months four through six and then increased considerably to 419 active listings during the current three-month period.

Despite the increase in inventory, the corresponding increase in absorption has helped keep housing supply relatively contained. Months of housing supply measured 2.54 months during the prior seven-to-twelve-month period, declined to 1.97 months during months four through six, and currently stands at 2.77 months.

The current 2.77-month supply is the largest of the three periods analyzed, but it should be considered alongside the current absorption rate of more than 151 sales per month.

In other words, there are considerably more homes available, but there are also considerably more sales occurring.

Sale Prices and Marketing Time

Median comparable sale prices increased from $999,000 during the prior seven-to-twelve-month period to $1,175,000 during months four through six. The median was $1,127,500 during the current three-month period.

While the latest period represents a decline from the preceding three months, the current median remains above the $999,000 level reported during the prior seven-to-twelve-month period. Rather than indicating a clear directional change in property values, I would characterize the current pricing data as generally stable over the most recent six months.

Marketing time has also shortened. Median days on market for settled properties declined from 45 days, to 27 days, and most recently to approximately 24 days.

Median list prices have remained relatively consistent, moving from $1.600 million to $1.629 million and most recently $1.650 million.

Overall Market Conclusion

The Boca Raton detached non-HOPA mandatory-HOA market presents an interesting combination of indicators.

Sales volume has increased substantially. Absorption has accelerated. Properties are currently selling with a median marketing time of approximately 24 days. At the same time, active inventory has increased considerably, and months of housing supply has risen to 2.77 months.

Median sale prices, meanwhile, have remained generally stable during the current six-month period.

For those reasons, I would characterize the market as stable overall with increasing indicators rather than simply increasing or declining.

The substantial increase in active listings is something I will continue to watch. If inventory continues to expand without a corresponding increase in absorption, marketing times and housing supply could increase. At present, however, the level of sales activity is absorbing a substantial portion of the available inventory.

Appraiser’s Perspective (RD8755)

From an appraisal perspective, no single statistic tells the entire story.

The increase in active listings could suggest softer conditions when considered independently. However, that increase is occurring alongside a substantial increase in settled sales and absorption. Current housing supply remains below three months, while settled properties are selling with a median marketing time of approximately 24 days.

Pricing indicators are more stable. Median sale prices increased from the earlier period and have remained relatively consistent during the current six months, although the most recent three-month median declined somewhat from the preceding period.

Accordingly, the available data supports a stable overall market with increasing indicators.

Individual property analysis remains essential. Boca Raton encompasses numerous communities, locations, property types, price points, conditions, qualities, and amenities. Market conditions applicable to an individual property should therefore be developed from the segment in which that property actually competes.

Thomas J. Dunphy III, State-Certified Residential Real Estate Appraiser RD8755

Tom the Realtor’s Perspective

If I were representing a buyer in this market, one of my first recommendations would be to have financing and buying power established before we begin seriously pursuing a property.

Properties are currently selling with a median marketing time of approximately 24 days. While the increase in available inventory gives buyers more properties to consider, a home that fits the buyer's needs and is appropriately priced may not remain available indefinitely.

Once we identify a property, I would take the analysis much further than simply looking at the asking price. I can review competitive sales, examine the property's condition and characteristics, measure the home when appropriate, and work through a comparable-sales grid to develop a range for the property.

That gives my buyer additional information before deciding what they are willing to pay and how they want to structure an offer. I would also recommend an appropriate professional home inspection as part of the purchase process.

For sellers, pricing and positioning are particularly important with 419 active listings in the current period. Buyers have alternatives.

The fact that properties are currently selling in approximately 24 days does not mean every property will do so. A home that enters the market improperly positioned may remain available beyond the typical marketing period while competing properties sell.

I would begin by analyzing the property's direct competition and recent comparable sales, then position the property accordingly. From there, professional presentation, photography, online exposure, communication, showing accessibility, and the overall marketing strategy all work together to bring the property to the attention of qualified buyers.

Tom Dunphy Realtor (Fulton Grace Realty)
Licensed Florida Real Estate Sales Associate

What I’ll Be Watching

The next several months will be particularly interesting for this segment of the Boca Raton market.

The key relationship to watch is inventory versus absorption. Active listings have increased substantially, but so far the market has also demonstrated the ability to absorb a substantial number of properties each month.

If absorption remains near its current level, the additional inventory may continue to be accommodated without materially changing overall conditions. If inventory continues increasing while sales activity begins to slow, however, housing supply and marketing times could increase.

For August 2026, the numbers support a market that remains stable overall, with increasing indicators and substantial transaction activity.

Market data is based on information reported through the Martin County Realtors of the Treasure Coast MLS with an effective date of August 31, 2026. Market statistics describe broad market activity and should not be interpreted as an appraisal, guarantee of value, or prediction of the future performance of any individual property.