Choose Your Own Adventure! Good News. Bad News. Mixed News…
BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2025 MetroDesk Media, LLC) — The latest Eliman Report, produced by Miller Samuel Real Estate Appraisers and Consultants, paints one clear picture: no one has any idea what is going on with the real estate market. And anyone who tells you that they know is making stuff up.
Here’s the deal: When comparing single family home sales first quarter to second quarter, the Boca Raton real estate market looks great. But if you compare the second quarter of 2025 with the second quarter of 2024, it looks horrible.
In Delray Beach, comparing the first quarter of 2025 with the first quarter of 2024 shows a disastrous plunge. But if you compare the second quarter of 2025 with the second quarter of 2024, things look great.
There are lots of numbers, so grab a drink, a calculator, the email address of your high school statistics teacher, and your favorite “choose your own adventure” book, because you can make these numbers turn into anything you want them to be.
BOCA RATON REAL ESTATE
In Boca Raton, the average sales price for the second quarter of 2025 was $1,677,391. That is up 1.4 percent from the first quarter of 2025 but down 3.6 percent from the second quarter of 2024. The number of sales closed during Q2 of 2025 was 588. That’s up 32.7 percent from the first quarter of 2025, but down 6.5 percent from the second quarter of 2024. The average days on market: 59 during the second quarter of 2025 which is down 14.5 percent from the first quarter of the year, and down 7.8 percent from the second quarter of 2025. And number of homes on the market: 812 during the second quarter of 2025, which is up 3.2 percent from the first quarter of 2025, and up 13.7 percent from the second quarter of 2024.
DELRAY BEACH REAL ESTATE
In DELRAY BEACH, the average sales price for the second quarter of 2025 was $1,343,80. That is down 15.7 percent from the first quarter of 2025 but up 1.4 percent from the second quarter of 2024. The number of sales closed during Q2 of 2025 was 318. That’s up 6 percent from the first quarter of 2025, but down 4.2 percent from the second quarter of 2024. The average days on market: 64 during the second quarter of 2025 which is up 10.3 percent from the first quarter of the year, and down 3 percent from the second quarter of 2025. And the number of homes on the market: 484 during the second quarter of 2025, which is down 15.2 percent from the first quarter of 2025, and up 15 percent from the second quarter of 2024.
