Boca Raton condo prices tell two different stories depending on which number you look at. The August median jumped 15.4% year over year, from $325,000 to $375,000. But the year-to-date median actually fell, from $380,000 to $356,000. Both numbers are accurate — they're just measuring different things.
Why a single month and the full year can disagree
August's jump reflects what closed that specific month, which can be skewed by a handful of higher-priced units changing hands. The YTD figure averages every closing from January through August, which smooths out those swings and shows the broader trend has actually been softer pricing on the lower end of the condo market.
What it means for buyers and sellers
Don't read one strong month as proof prices are climbing broadly, and don't read a soft YTD number as proof the market is weak — supply dropped from 8.4 to 5.5 months over the same period, which points to real demand. The mixed price signals are more about which units are selling than about overall market direction.
Frequently asked
Are Boca Raton condo prices going up or down in 2026? Both, depending on the measure — August's median rose sharply year over year, while the year-to-date median is slightly lower, reflecting a mix shift rather than a clear trend.
Should I trust the monthly or the year-to-date condo price? Year-to-date is generally more reliable for spotting the real trend; a single month can be swayed by just a few unusually priced sales.
Want a clearer read on a specific building or price range? Browse the coastal luxury home search or call Damara Cohn, Broker, at (561) 637-4559.
Source: Beaches MLS via ShowingTime MarketStats, Local Market Updates, August 2026.