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Deerfield Beach Florida Real Estate Market Report - February 2013

By Elyse Berman, PA

Real Estate Agent with LoKation Real Estate 3087750

May 12, 2013 11:44 AM

Deerfield Beach Florida Real Estate Market Report - February 2013

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The Deerfield Beach Real Estate Market continues to show that when homes are priced right, they sell. In my opinion, the market has turned from a buyer's market into a seller's market. The total number of closed sales in Deerfield Beach was down this month over last. However, the total prices of closed sales across the board showed an increase. It broke down that closed sales of single family homes rose while attached homes fell this mornth over last. Inventory continues to remain low.

The chart below is based on information taken from the Multiple Listing Service and sold by various MLS participants. It does not include private sales. It is deemed accurate but not guaranteed or warranted.

Here is the breakdown:

TOTAL

ATTACHED

DETACHED

TOTAL

118

DOM

100

102

LIST PRICE/

SALE PRICE

$ 142,172/

$ 133,081

( 95.32 %)

$ 90,369/

$ 84,470

( 96.04 % )

$ 235,910/

$ 221,043

( 94.02 %)

As of February 28, 2013 there were 31 Active Listings for sale in Deerfield Beach. There were 50 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and 103 properties that were Pending Sale waiting to close.

Please note that these numbers are a broad reference point. Always consult a Boca Raton Real Estate Agent for information on the specific community you're interested in.

For more information on the Deerfield Beach Real Estate Market or to buy or sell a home in Boca Raton, Delray Beach or Highland Beach, please contact me. I am a Boca Raton Real Estate Agent. I can be reached at (561) 716-7824 or by email at Elyse@ElyseBerman.com.