Home Prices in Delray Beach FL for November 2016

By
Real Estate Agent with Best Connections Realty, Inc.

 

Home Prices in Delray Beach FL for November 2016

 

Real estate market data for Delray Beach, FL provided by Elyse Berman of Realty Associates Florida Properties.

 

pet friendly gated communities in delray beachWe saw a decrease  on home prices in Delray Beach FL in November.  November market report shows a decrease in single family homes but an increase in condos, villas and townhomes. 

If you are considering buying a home you can still find deals on a house in Delray Beach, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long. Many of our listings are selling within a few days of hitting the market.

As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Delray Beach home on which you are making an offer.

 

If you are interested in how much current inventory is on the market in Delray Beach, you can find that information by clicking on the link. Low inventory suggests that homes are not sitting on the market for very long, That is the market we are in.

 

Low inventory in Delray Beach has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

I listed a villa that went under contract in 2 days! And, we had 3 offers in those 2 days.  Seriously!

   

pet friendly condos in highland beach fl

 

Delray Beach Real Estate Report Summary

In November 2016, the average list price for single family homes in Delray Beach FL was $ 603,584.  This is a decrease from the prior month. The price per square foot for single family listings in Delray Beach was $233. 

In November 2016, the average sold price for single family homes in Delray Beach was $ 565,341 with an average price per square foot of $ 220.  This shows a decrease over the prior, as well.

 

In November 2016, the average list price for condos, villas and townhomes in Delray Beach, FL was $ 188,188, up from last month.  The price per square foot for condos, villas and townhomes in Delray Beach was $ 136, an increase from the prior month. 

In November, 2016 the average sold price for condos, villas and townhomes in Delray Beach was $ 176,859 with an average price per square foot of $ 128.  This, too, showed an increase over the prior month.

 

Find Homes for Sale in Delray Beach FL

 

Visit my website to search homes for sale in Delray Beach or to be notified when Delray Beach homes for sale come on the market. To find out what you home is worth in the current market email me or call/text me at  561-716-7824.

 

For more information aboupet-friendly housing in Boca Raton FL and Boca Raton Real Estate, please contact me. I am a Boca Raton Real Estate Agent and can be reached at (561) 716-7824, by text or by email at Elyse@ElyseBerman.com.

 >

All information deemed accurate but not guaranteed or warranted.

 

 

Posted by

Elyse BermanFor information about pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me. I am a Boca Raton Real Estate Agent.

Contact Elyse:
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824

Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.

 

REVIEWS FOR ELYSE BERMAN | SEARCH ALL ACTIVE LISTINGS

 

 

 facebook google plus  youtube linkedin

 

Protected by Copyscape DMCA Copyright Protection

 

Disclaimer:  The information contained in this blog should not be solely relied upon and should be independently verified by professional sources.  The opinions expressed herein are solely mine. 

All information is deemed accurate but not guaranteed. All statistical information was obtained from BMLS.   Many articles may be time and date sensitive.  Please be sure to look at the date it was posted. 

No reproduction is permitted without the author's express permission.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Palm Beach County Delray Beach
Groups:
florida realestate
Florida Snowbird Central
City and State
Market Reports
Buyer Information - What Buyers Need to Know in Today's Market
Tags:
market report delray beach november 2016
home prices delray beach november 2016
market stats delray beach november 2016

Spam prevention
Show All Comments
Rainmaker
2,820,000
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Wishing you and yours a Happy and Prosperous New Year - see you in the ‘Rain!!

Dec 26, 2016 05:16 AM #1
Rainmaker
832,793
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Elyse Berman - No better place than Delray Beach to thaw out for the winter! Not many places can boast of temps in the 80ºs on Xmas Day!

Dec 26, 2016 05:21 AM #2
Rainmaker
2,559,205
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Elyse. Sounds like a blip not a trend in your single family homes, want in, don't wait too long! Enjoy your day!

Dec 26, 2016 05:44 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
812,670

Elyse Berman, PA

Boca Raton FL - (561) 716-7824 - CRS, ABR, GRI
Ask me about Pet-Friendly Homes for sale in Boca Raton Now!
*
*
*
*
Spam prevention

Additional Information