Boca Quay
Homes for Sale in Boca Raton, FL

Boca Quay market snapshot (as of September 20, 2026): the median sale price is about $500K ($425 per sq ft over the trailing 12 months of closed sales), a median 66 days on market for closed sales, and 5.1 months of supply, a balanced market. The trailing-12-month median is down 20% from the prior 12 months and up 131% since 2012, computed from record-level Beaches MLS closed sales (7 closings in the current window).

In ZIP 33431 (Boca Raton), 435 homes closed in the last 12 months at a median of $750K ($430/sq ft), up 7.1% year over year, with a median 46 days on market. Right now 84 active and 32 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 33431 housing market and the Palm Beach County market.

BeachesMLS sales records identify 211 homes in Boca Quay that have changed hands since 2001, built between 1984 and 1998 (median 1992), with a median living area of about 1,029 sq ft and a typical 2-bedroom, 2.5-bath layout; 99% are townhomes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Boca Quay is a Palm Beach County condo community where the median closed at $550,000 over the past quarter, with homes typically going under contract in just over a month—a pace that reflects steady but not urgent buyer interest in an established Boca Raton address.

• J. C. Mitchell · Elementary
• Boca Raton Community · Middle
• Boca Raton · High

Zoned schools reflect the assignments reported on recent Boca Quay listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Boca Quay address.

At $425 per square foot, Boca Quay sits in a bracket where you need to parse what you're paying for. In newer or heavily renovated South Florida condos, that number buys contemporary finishes, impact glass, and updated mechanical systems. Here, it often buys older product in a known city. The spread between list and close prices tends to hinge on condition: updated units with low pending assessments command the median or better; originals with deferred capital needs trade below it, sometimes significantly.

The market heat score of 49 reflects equilibrium, not excitement. Inventory moves, but not because of scarcity—because of price discipline. Sellers who ignore condition or comparable sales languish; those who acknowledge the gap between Boca's reputation and a specific unit's reality find buyers. For purchasers, this means due diligence on reserves, upcoming projects, and the building's actual maintenance cadence matters more than the name on the sign.

Since 2012, values have more than tripled, but that fourteen-year horizon includes the post-crisis trough and the pandemic spike. The recent year-over-year gain of under six percent is a more useful signal: modest appreciation, normal turnover, and a buyer pool that knows the difference between location value and intrinsic value. This is not a speculative play; it's a buy-and-hold proposition for someone who wants Boca access without new-construction pricing.

Boca Quay transactions turn on details—reserve studies, pending special assessments, unit-level upgrades—that don't show up in listing photos. Our team pulls HOA financials, reads the minutes, and connects you with the inspectors and attorneys who know what to look for in older condo stock. We'll tell you when a unit is priced fairly for its condition and when it's relying on zip-code optimism. In a market this balanced, having a broker who negotiates on facts, not fantasy, is the difference between a sound purchase and an expensive lesson.

Listings in this community report association dues of about $488 per month ($5,856 a year) — the median AssociationFee across 65 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.