Delray Beach & Boca Raton Market Update: October 2026

Here is where the Delray Beach and Boca Raton markets stand this October, starting with the numbers. The short version: Boca Raton's single-family market is still strong but price-sensitive, while Delray Beach has cooled toward a more balanced, buyer-friendly market. Condos and townhouses in both cities lean toward buyers. Data below is from MLS statistics for September 2026, the latest full month, unless otherwise noted.

I'm out in these markets every week, touring homes, writing offers, and negotiating deals. These figures give you the honest, current picture so you can decide what makes sense for you, your family, or your portfolio.

The Big Picture

• Mortgage rates: the 30-year fixed averaged 7.28% for the week ending October 1, 2026 (Freddie Mac), up from 6.34% a year earlier.
• County single-family: Palm Beach County single-family median sale price was $712,500 in September 2026, up 8.8% year over year, with a median 34 days on market for houses (BeachesMLS). Condos and townhouses are the softer segment.

Boca Raton

• Single-family median sold price: $1,162,500 in September 2026, up from $935,000 a year earlier, roughly +24% year over year (BeachesMLS).
• Condos and townhouses: median $382,250 (August 2026, BeachesMLS).
• Days on market: sold houses took a median 28 days to go under contract in September, with condos at 38 days (BeachesMLS).
• Inventory: about 527 single-family homes for sale in early October, roughly 3 months of supply. Condos and townhouses sit near 6.5 months, which reads as favoring buyers.
• Price cuts: about 40% of house listings have seen a price cut.

Strong single-family prices, but a price-sensitive market. Well-priced homes still move quickly; aspirationally priced homes sit and accumulate days on market.

Delray Beach

• Overall median sale price: about $399,700 across all property types in September 2026 (local MLS). Single-family medians run well above that, so the mix of what sells matters.
• Days on market: homes averaged about 81 days, up from about 77 a year earlier.
• Inventory: about 1,444 active listings, up from a year ago, giving buyers more selection.

Delray has cooled toward balance. More inventory and longer days on market give buyers real room to negotiate, while well-priced homes in desirable spots still sell.

What This Means For You

For buyers

You have more homes to choose from and more time to make a confident decision. Condos and townhouses give you the most negotiating room right now. With rates near 7.3%, get your financing locked in and compare recent closed sales in your exact neighborhood before you make an offer. Let's look at the numbers together and find the right move for your situation.

For sellers

Pricing from recent, comparable closed sales matters more than ever. In Boca Raton, well-priced single-family homes still command strong prices and sell quickly. Homes that start high accumulate days on market and often sell for less in the end. I'm on your team, and I can help you price and position your home to win from day one.