Delray Beach, FL

Buyer's market-4.0% YoY

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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