Delray Beach, FL
Housing market overview · Updated weekly
$536,500median sale price
Homes sold
138
Last 12 weeks
Days on market
94
Average pace
Active listings
821
5.9 months supply
Sale-to-list
94.8%
Below asking
The Delray Beach housing market is currently classified as a buyer's market with a median sale price of $536,500. Prices have fallen 4.0% compared to last year, with homes spending an average of 94 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Delray Beach?
The median home sale price in Delray Beach is $536,500, down 4.0% from last year.
How long do homes stay on market in Delray Beach?
Homes typically spend 94 days on market before going under contract.
Is Delray Beach a buyer's or seller's market?
With 5.9 months of supply, Delray Beach is currently a buyer's market.
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