Why Boca Woods Homes Sell Below Asking
The Price Cut Math in Boca Woods Country Club
Key Takeaways
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18 of 53 sellers cut their asking price before closing in the year through 2026-10-26.
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Those 18 closed at a median of 80.8% of their original ask, after 127 days.
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The 35 who never cut closed at 95.0%, in a median of 15 days.
Why do homes in Boca Woods Country Club sell below asking?
Because the first asking price was too high. Over the 12 months through 2026-10-26, 18 of 53 Boca Woods Country Club sellers cut their price before closing, and those 18 closed at a median of 80.8% of what they originally asked after a median of 127 days on market. The 35 who never cut closed at 95.0% of their original asking price in a median of 15 days.
A 14 point gap is not a rounding error
On a $900,000 original ask, 80.8% instead of 95.0% is roughly $128,000, and four extra months of carrying costs.
Why it happens here
Boca Woods Country Club has a very wide range for one community: closings from $335,000 to $2,074,500, and $122 to $516 per square foot. A seller with an original 1980s interior looks at a renovated sale down the street and assumes parity. The market takes 127 days to say otherwise. Compare on condition, not just address and square footage.
What a correct price looks like
Fifteen days, 95.0% of ask, no carrying costs bleeding out while you wait. The warning signs usually show early: warning signs your home will not sell, and the citywide version of this math is in overpricing a house in Boca Raton.
FAQ
Why do homes in Boca Woods Country Club sell below asking?
Because the first asking price was too high. Over the 12 months through 2026-10-26, 18 of 53 Boca Woods Country Club sellers cut their price before closing, and those 18 closed at a median of 80.8% of what they originally asked after a median of 127 days on market. The 35 who never cut closed at 95.0% of their original asking price in a median of 15 days.
Want your own number run against those 53 closings? Call 561.827.8449.
Alex Mendel, Keller Williams Realty.
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