Illustrated Properties Luxury Report

BOCA RATON & DELRAY BEACH BEACH TOWN | GOLF | ENTERTAINMENT

Boca Raton truly has it all. Beaches and golf courses, fine hotels and wondrous art museums, jazz clubs and concerts at Mizner Park, the glittery Town Center at Boca Raton shopping mall with 220 upscale and elite specialty shops, and, elsewhere around town, countless family-owned boutiques. Delray Beach is a first-class resort destination and a diverse, vibrant community situated on the Atlantic Ocean. A small and intimate town with big-city sophistication, Delray Beach was voted Most Fun Small Town in America by USA Today.

Single Family Homes

% CHANGE (1 YEAR)

SINGLE FAMILY Number of Sales

2023

2024

1242

1378

▲11.0%

Average Sales Price

$2,408,168

$2,622,445

▲8.9%

Median Sales Price

$1,700,000

$1,800,000

▲5.9%

Average Square Footage

3,686

3,766

▲2.2%

Price Per Square Foot

$631

$660

▲4.6%

Average DOM

65

84

▲28.9%

Sales Sold at Original List Price

149

135

▼9.4%

Top Sale Price

$28,000,000

$40,000,000

▲42.9%

Total Sale Volume

$2,990,944,242$3,613,729,813 ▲20.8%

Condos & Townhomes

% CHANGE (1 YEAR)

CONDO/CO-OP/TOWNHOME

2023

2024

Number of Sales

319

361

▲13.2%

Average Sales Price

$2,197,612

$2,205,120

▲0.3%

Median Sales Price

$1,600,000

$1,650,000

▲3.1%

Average Square Footage

2,334

2,421

▲3.7%

Price Per Square Foot

$906

$884

▼2.4%

Average DOM

70

82

▲18.2%

Sales Sold at Original List Price

44

27

▼38.6%

Top Sale Price

$13,035,000

$10,796,000

▼17.2%

Total Sale Volume

$701,038,145

$796,048,249 ▲13.6%

Top Residential Sale $3.997M 2499 E MAYA PALM DR, BOCA RATON, FL 33432

LUXURY REPORT

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