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Delray Beach FL Real Estate Market Report - Feb 2018
 
Delray Beach FL Real Estate Market Report - February 2018
 
Real estate market data for Delray Beach, FL provided by Elyse Berman of Best Connections Realty, Inc.
 

 
We saw a mixed bay of things in Delray Beach, Florida this month.  Closed sales of single family homes showed a significant increase along with price per square foot .   Closed sales of condos, villas and townhouses remained pretty much the same as last month as well as  price per square foot.
 
Single family homes closed for  .94% of list price while condos villas and townhouses got .95% of list price.  
 
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 selling pretty close to asking price. Some are now selling for less, yet with low inventory, the market remains tough.  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.
 
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