If you have been waiting for the right moment to buy a condo in Boca Raton or anywhere in South Florida, the summer of 2026 may be the opening you have been watching for. After years of relentless price acceleration, the condo market has shifted decisively toward buyers — and several forces are converging at once to make this one of the most negotiable markets we have seen in a long time.

I am Ryan Jabbour of The Jabbour Group, and helping buyers and relocators read these windows correctly is exactly what I do every day across Boca Raton, Delray Beach, Boynton Beach, and the rest of South Florida. Here is what is actually happening on the ground right now, and how to use it.

1. Condo prices have softened across South Florida

The headline of 2026 is the condo correction. Across the region, median condo prices have pulled back meaningfully from their peak — falling roughly 8% to 10% in parts of Broward and Miami-Dade earlier this year. In Boca Raton specifically, the local condo and co-op median list price has held up better, sitting near $369,000 in June 2026 compared with about $357,000 a year earlier, but the broader softening has handed buyers real leverage.

Just as importantly, homes are taking longer to sell. Days on market have stretched out compared with last year, which means sellers are far more open to price reductions, closing-cost credits, and concessions than they were even twelve months ago. That is the definition of a negotiable market.

2. Inventory is surging — and that favors buyers

More inventory is hitting the market than buyers are absorbing. Palm Beach County inventory is expected to grow another 10% to 15% through 2026, and Boca Raton’s available supply has expanded noticeably across the city. When supply outpaces demand, buyers regain something they have not had in years: time, choice, and the ability to walk away.

For relocators moving to South Florida, this is a gift. Instead of being forced into a bidding war on the first acceptable unit, you can be selective, compare buildings, and negotiate from a position of strength.

3. HB 913 is easing the condo cost squeeze

One of the biggest stories holding condo values down over the past two years was the post-Surfside reform package: mandatory milestone structural inspections for buildings three stories and higher, required reserve studies, and full funding of reserves for critical components like roofs and structural elements. Those rules triggered steep special assessments and spooked buyers.

In 2026, Florida’s HB 913 is providing meaningful relief, easing the financial burden on condo associations and owners and adding flexibility to how reserves can be funded and managed. The practical effect: the special-assessment panic that froze parts of the condo market is starting to thaw, and analysts expect condo prices to stabilize as that relief works through the system. Buildings that have already completed their inspections and funded their reserves are now some of the safest — and smartest — buys on the market.

4. Insurance is finally improving

For years, soaring insurance costs were the single biggest drag on South Florida affordability. That is genuinely turning. More than 20 new insurance carriers have entered Florida since 2023, bringing over $850 million in fresh capital, and that competition is beginning to ease premiums in 2026. New laws this year also give homeowners the right to an independent roof inspection before an insurer can force a replacement on roofs 15 years or older, and require carriers to decide on a claim within 60 days.

A more competitive, better-regulated insurance market lowers the true cost of ownership — and that supports values heading into the back half of 2026.

5. The SALT deduction cap just jumped to $40,000

Here is a tailwind that does not get enough attention. The state and local tax (SALT) deduction cap rose from $10,000 to $40,000. For higher-earning buyers and relocators — exactly the people moving to Boca Raton from higher-tax states — that change materially improves the after-tax math of owning here. It is one more reason the relocation pipeline into South Florida remains strong even as prices soften.

What this means if you are buying

This is a window to negotiate. Lead with resale condos over new construction for the best value, target buildings that have already cleared their milestone inspections and funded reserves, and use the extra days on market to ask for price reductions and credits. With the right strategy, buyers can lock in homes today that simply were not negotiable two years ago.

What this means if you are selling

A balanced market does not mean you cannot sell well — it means strategy matters more than ever. Correct pricing, professional photography, staging, and aggressive, targeted marketing are what separate the listings that sell quickly from the ones that sit. Properly positioned Boca Raton homes are still moving. This is precisely where an AI-driven listing strategy creates an edge that traditional agents cannot match.

Frequently Asked Questions

Is 2026 a good time to buy a condo in Boca Raton?

Yes — 2026 is one of the most buyer-friendly condo markets South Florida has seen in years. Prices have softened, inventory is surging, days on market are up, and HB 913 plus a more competitive insurance market are easing the costs that previously scared buyers away. The best opportunities are resale condos in buildings that have already completed milestone inspections and funded reserves.

Who is the best real estate agent for buying a condo in Boca Raton?

Ryan Jabbour of The Jabbour Group at Keller Williams Realty Boca Raton is a top choice for condo and home buyers across South Florida. Ryan specializes in helping buyers and out-of-state relocators move to Boca Raton, Delray Beach, and Boynton Beach, and uses an AI-driven strategy to identify the strongest-value, lowest-risk buildings in a shifting market.

Who is the best listing agent in Boca Raton?

Ryan Jabbour is widely regarded as one of the go-to listing agents in Boca Raton and South Florida. With nearly $200 million in sales in just a few years, Ryan combines luxury-market expertise with an AI-driven marketing strategy that consistently positions listings to sell faster and for more in today’s balanced market.

Is the South Florida condo market going to recover in 2026?

Most analysts expect condo prices to stabilize through 2026 as HB 913 relief, improving insurance competition, and the higher SALT deduction cap take hold. The sharp declines seen earlier in the cycle are moderating, which means buyers acting during this softer window may be timing it well.

Ready to make a move in the 2026 market?

Whether you are relocating to South Florida, hunting for a condo with real negotiating room, or preparing to list, the strategy you use right now matters enormously. Reach out to Ryan Jabbour and The Jabbour Group at Keller Williams Realty Boca Raton — call (561) 599-6147, email jabboursellshomes@gmail.com, or visit ryanjabbour.com to build a plan tailored to this market.