South Florida

Delray Beach, FL

Single-Family Homes

Real Estate Market Reports



Delray Beach, FL

Sun Feb 09 2025
This week the median list price for Delray Beach, FL is $825,499 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 602. 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 Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Delray Beach, FL

Sun Feb 09 2025
This week the median list price for Delray Beach, FL is $825,499 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 602. 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 Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Delray Beach market.
Median List Price $825,499
Median Price of New Listings $629,000
Per Square Foot $401
Average Days on Market 122
Median Days on Market 70
Price Decreased 43%
Price Increased 2%
Relisted 11%
Inventory 602
Median Rent
Market Action 29
Slight Buyer'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
$3,775,000 4,258 0.25 - 0.5 acre 4 4.5 11 9 7 98
$1,295,000 2,317 8,000 - 10,000 sqft 4 3 29 10 8 77
$629,000 1,836 4,500 - 6,500 sqft 3 2 27 17 12 77
$374,900 1,359 4,500 - 6,500 sqft 2 2 43 19 12 56