Is now a good time to sell my house in East Boca?

It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.

To read the market in East Boca, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my East Boca house as-is or fix it up first?

Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.

Older homes are the norm in East Boca and University Park. In our sample, four of four homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there hold more of their value against new construction than the Florida median, 25.3 percent against 22.8 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my East Boca house off-market?

Privacy, no repairs and a closing date you choose.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

How fast can I sell my house in East Boca?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Florida’s closing documents set the floor.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in East Boca?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my East Boca house off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

Before you sign anything, we tell you in writing who the buyer is.

What if my East Boca house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in East Boca?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Florida can explain the rest. More in How Do I Sell a House I Inherited?

How does East Boca compare with nearby neighborhoods?

Boca Harbour and Hidden Valley, 2 miles away, shows three older homes among the three we sampled. Old Floresta and Camino Gardens, 2 miles away, has three older homes among the six we sampled. Downtown Boca and Boca Raton Riviera, 2 miles away, counts 32 older homes among the 44 we sampled. East Boca ranks tied for 282nd nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the Florida page lists all 202 in the state.

Do older homes in East Boca sell for less than new construction?

In our sample, yes. The average price of older homes in 33431 was 25.3 percent of the average price of new construction in the same ZIP code. The Florida median is 22.8 percent, and the index median is 23.1 percent. With four older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

East Boca and University Park by the numbers

Older homes
4
of 4 homes sampled, built 1980 or earlier
Share of older homes
100.0%
Florida 52.6%. Index 49.0%.
Older vs new
25.3%
Older home price as a share of new construction
National rank
#282 (tie)
of 1,192 ZIP codes
State rank
#69
of 202 in Florida
Minimum lot
7,871 sq ft
As recorded in the source data

All four homes in the Address District sample for East Boca and University Park (33431) were built in 1980 or earlier. That places 33431 tied for 282nd of 1,192 ZIP codes nationally for the number of older homes, and tied for 69th of 202 in Florida.

Across the 202 Florida ZIP codes in the index, 52.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With four homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 33431 compares

Share of older homes

Homes in the sample built in 1980 or earlier

33431 East Boca and University Park100.0%
Florida52.6%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

33431 East Boca and University Park25.3%
Florida median22.8%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
33487Boca Harbour / Hidden ValleyBoca Raton, FL2 mi378100.0%
33486Old Floresta / Camino GardensBoca Raton, FL2 mi32650.0%
33432Downtown Boca / Boca Raton RivieraBoca Raton, FL2 mi872.7%
33434West Boca / Boca WestBoca Raton, FL5 mi6322.8%
33441Deerfield BeachBroward County, FL5 mi883100.0%
33445Delray West / Rainberry areaDelray Beach, FL5 mi76250.0%
33444Downtown Delray / Lake Ida SouthDelray Beach, FL5 mi3164.0%
33496Broken Sound / WoodfieldBoca Raton, FL5 mi25666.7%

The top of Florida

State rankZIPPlaceHomesOlder homesShare
133629Palma Ceia / Sunset ParkTampa, FL534177.4%
234102Old Naples / Port Royal / Aqualane ShoresNaples, FL523771.2%
333432Downtown Boca / Boca Raton RivieraBoca Raton, FL443272.7%
433405West Palm BeachPalm Beach County, FL383181.6%
534145Marco IslandCollier County, FL372978.4%
633143South Miami / High PinesMiami, FL362569.4%
733133Coconut GroveMiami, FL302583.3%
832459Santa Rosa BeachWalton County, FL992121.2%
933156Pinecrest / North PinecrestMiami, FL252184.0%
1034239Southside Village / Cherokee ParkSarasota, FL281967.9%

All 202 Florida ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.