Home Prices in Delray Beach FL for December 2016

By
Real Estate Agent with Best Connections Realty, Inc.

Home Prices in Delray Beach FL for December 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 an increase  on home prices in Delray Beach FL in November.  November market report shows an increase in single family homes as well as an increase in condos, villas and townhomes. 

You can still get good deal on homes 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 at this time. 

 

iLow inventory in Delray Beach has 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!

   

delray beach pet friendly homes for sale

Delray Beach Real Estate Report Summary

 In December 2016, the average list price for single family homes in Delray Beach FL was $ 641,030.  This is an increase from the prior month. The price per square foot for single family listings in Delray Beach was $226, slightly down from last month. 

 

In December 2016, the average list price for condos, villas and townhomes in Delray Beach, FL was $ 210,262, an increase from last month.  The price per square foot for condos, villas and townhomes in Delray Beach was $ 146, also increased from the prior month. 

In December, 2016 the average sold price for condos, villas and townhomes in Delray Beach was $ 197,556 with an average price per square foot of $ 136.  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 Florida 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 about pet-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.

 

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:
Agents who want REFERRALS!
Vacation and Second homes
City and State
Market Reports
Buyer Information - What Buyers Need to Know in Today's Market
Tags:
delray beach florida real estate market report
home prices in delray beach december 2016
market stats for delray beach december 2016
delray beach home prices december 2016

Spam prevention
Show All Comments
Ambassador
2,647,606
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I would expect nothing but the best from you and I wasn't disappointed by this Delray Beach market report Elyse Berman. Excellent job! 

Jan 13, 2017 04:39 PM #1
Ambassador
2,440,120
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Grreat report Elyse. Rising prices & lower inventory is he trend in Charlotte as well. Still a great time to buy instead if renting!

Jan 13, 2017 06:18 PM #2
Rainmaker
2,639,361
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Elyse hope the buyers and sellers of Delray Beach are reading your report and decide to utilize your expertise, Endre

Jan 13, 2017 06:36 PM #3
Rainmaker
1,675,421
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

I like the fact that you don't just post the numbers but you explain what it means and give your opinion. I think you add value to prospective buyers and sellers!

Jan 15, 2017 06:51 AM #4
Rainmaker
1,476,727
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Elyse - there are still some good values there but buyers better contact you soon.

Jan 26, 2017 09:32 AM #5
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
812,861

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