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Friday, November 22, 2024

Rising home prices in Boca Del Mar CDP in May

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The median sale price of a home sold in May in Boca Del Mar CDP rose by $115,000 while total sales increased by 7.9 percent, according to BlockShopper.com.

In May, there were 41 homes sold, with a median sale price of $400,000 - a 40.4 percent increase over the $285,000 median sale price for the same period of the previous year. There were 38 homes sold in Boca Del Mar CDP in May 2021.

The median sales tax in Boca Del Mar CDP for the most recent year with available data, 2018, was $3,134, approximately 0.8 percent of the median home sale price for May.

The following table compares Boca Del Mar CDP to other Palm Beach County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Atlantis9728.6$450,000$437,0003
Delray Beach22417329.5$440,000$364,00020.9
Boynton Beach (unincorporated)27119737.6$423,500$329,99928.3
West Palm Beach337369-8.7$405,000$287,00041.1
Royal Palm Beach675228.8$400,000$340,00017.6
Boca Del Mar CDP41387.9$400,000$285,00040.4
North Palm Beach463627.8$395,000$367,5007.5
Hypoluxo261844.4$355,000$336,0005.7
Lake Worth26422218.9$352,850$285,00023.8
Lake Worth Corridor CDP14137.7$344,000$298,00015.4
Lantana3233-3$334,500$250,00033.8

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