Boca Raton has an estimated population of 99,805 and is the southernmost city in Palm Beach County. It is one of the wealthiest cities in Florida, with streets and marinas lined with exotic cars, beautiful mansions, and luxury yachts. The city has a booming economy, with Office Depot, Bluegreen Corporation, and ADT calling Boca Raton home. When it comes to education, the city offers no shortage of prestigious schools, including Florida Atlantic University.
In Boca Raton, properties have a median listing price of $395.5k, at $212 per square feet. The most expensive neighborhood in Boca Raton is the Royal Palm Yacht and Country Club. It has a median listing price of $5.9M. Meanwhile, Boca Teeca is the most affordable neighborhood with a median listing price of $194.8k. It is currently a buyer’s market. Most properties stay on the market for 82.5 days and sell 5.4% under the list price.
Boca Raton welcomes numerous new residents each year, thanks in large part to the city’s many appealing qualities. But, when you are buying a home in this city for whatever purpose, you need an expert Boca Raton real estate agent. Investing in a property requires ample research and knowledge of the market. As such, professional real estate services are necessary. Additionally, since the homes tend to lean on the pricey side in Boca Raton, you need an experienced professional with excellent negotiating skills to achieve your dream home at the right price.
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