Is Delray Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Delray Beach was a Seller's Market.
How much do homes in Delray Beach, FL cost?
Median Sold Price
$454,600
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $163K | $187K | +14.7% |
2 Bedrooms | $258.7K | $322.7K | +24.8% |
3 Bedrooms | $549.4K | $643.3K | +17.1% |
4 Bedrooms | $1.0M | $1.6M | +61.3% |
5+ Bedrooms | $2.9M | $2.3M | -20.3% |
Median Sold Price Compared To Nearby Cities
Gulf Stream | $2.6M | $4.8M | +79.4% |
Boynton Beach-Delray Beach | $292.1K | $360.5K | +23.4% |
Boynton Beach | $258K | $314.8K | +22.0% |
Highland Beach | $703.3K | $820K | +16.6% |
Delray Beach | $399K | $454.6K | +13.9% |
How many homes are available in Delray Beach, FL?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
496 | 503 | +1.4% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 39 | 42 | +7.7% |
2 Bedrooms | 199 | 207 | +4.0% |
3 Bedrooms | 172 | 163 | -5.2% |
4 Bedrooms | 52 | 55 | +5.8% |
5+ Bedrooms | 34 | 36 | +5.9% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
94 | 65 | -30.9% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
31 Days | 49 Days | +58.2% |
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days