Delray Beach, FL Housing Market Trends
As of January 2025, Delray Beach real estate saw home prices rise by 45.9% compared to the previous year, with a median sale price of $620K. On average, Delray Beach real estate properties took 74 days to sell, compared to 73 days in January 2024. A total of 114 homes were sold this August, an increase from the 99 sold during the same period last year.
The Delray Beach Florida real estate market is relatively low in competitiveness. On average, homes receive two offers and sell in approximately 74 days. Last month, the median sale price for a home in Delray Beach Florida real estate was $620K, reflecting an 45.9% increase compared to the previous year. The median price per square foot reached $47, marking a 3.4% rise over the same period.
Delray Beach features a diverse range of real estate for sale, from luxury homes and waterfront properties to Delray Beach condos for sale and townhomes. Whether you're looking for a sleek beachfront estate, a quaint historic home in the village, or a stylish apartment near downtown, Delray Beach offers options to suit every lifestyle. With its prime location and lively community, the area is a highly desirable destination for real estate investment.
Delray Beach provides numerous advantages for homebuyers, including a coastal lifestyle, warm weather year-round, and a vibrant cultural scene. The city boasts stunning beaches, fine dining, high-end shopping, and abundant outdoor activities, making it a perfect place to call home. For those interested in condo living, there are also plenty of condos for sale in Delray Beach. Furthermore, its close proximity to Palm Beach and Fort Lauderdale offers convenient access to other premier Florida destinations, making Delray Beach a sought-after location for real estate investment.
To discover luxury homes and houses for sale in Delray Beach, FL, it's ideal to partner with a local real estate agent like Jennifer Kilpatrick who specializes in upscale properties. While online platforms and listings offer valuable details, an experienced agent can provide tailored advice on exclusive neighborhoods and off-market opportunities. Notable luxury communities in Delray Beach include the Estates at Boynton Waters, Seagate, and the Lake Ida area.
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02/21/25   |   Jennifer KilpatrickGet assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today.