South Florida

Delray Beach, FL

Single-Family Homes

Real Estate Market Reports



Delray Beach, FL

Sat Apr 13 2024
This week the median list price for Delray Beach, FL is $992,500 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 484. Click here to stay informed with the Delray Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Delray Beach, FL

Sat Apr 13 2024
This week the median list price for Delray Beach, FL is $992,500 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 484. Click here to stay informed with the Delray Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Delray Beach market.
Median List Price $992,500
Median Price of New Listings $755,000
Per Square Foot $462
Average Days on Market 108
Median Days on Market 70
Price Decreased 46%
Price Increased 4%
Relisted 10%
Inventory 484
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,475,000 4,298 0.25 - 0.5 acre 4 4.5 17 2 4 98
$1,550,000 2,721 8,000 - 10,000 sqft 3 3 26 11 9 70
$749,000 1,976 6,500 - 8,000 sqft 3 2 27 8 15 56
$485,000 1,516 4,500 - 6,500 sqft 3 2 40 12 40 63