Home Prices in The Valencias in Delray Beach Boynton Beach & Lake Worth FL for May 2013
Real estate market data for the Valencias in Delray Beach, Boynton Beach & Lake Worth FL provided by Elyse Berman PA of Realty Associates Florida Properties.
We have seen 7 straight months of low inventory in The Valencias and don't expect things to change anytime soon. Sales vary each month depending on which models are sold but home prices in the Valencias have been increasing. If you are considering finding a home, you can still find deals on a house in the Valencias 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 starting to sell within a few days of hitting the market. As you can see from the numbers below, listings are not selling exactly for asking price. In some cases, when homes are priced right, we end up in a multiple offer situation. 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 Valencia home on which you are making an offer.
If you are interested in current inventory in the Valencias, as of May 31, 2013 there were 13 Active Listings for sale.. Low inventory continues to be the trend in the Valencias. There were 16 Contingent Sales meaning they were under contract but not all conditions of the contracts had been yet met and there were 16 Pending Sales waiting to close. That is in 7 communities with between 600 and 1100 homes per community! And there were 29 homes sold, 3 more than last month.
SEARCH THE MLS FOR HOMES FOR SALE
The Valencias Real Estate Market Report for May 2013 includes the 55+ active adult communities of Valencia Falls, Valencia Lakes, Valencia Pointe, Valencia Palms,Valencia Reserve, Valencia Shores and Valencia Isles. These senior housing, baby boomer communities are not the 55+ active adult communities of yesteryear. They have state-of-the-art fitness centers, grand clubhouses, cafes and a lifestyle geared towards today's baby boomers.
All information was obtained from the Multiple Listing Service and sold by various MLS participants. It is deemed accurate but not guaranteed or warranted. This report does not include any private sales.
Sales vary by community. This is often as a result of a particular model home sold. For example, they may have sold a 1500-square-foot home one month and a 2700-square-foot home the following month, thereby accounting for the price differential. The Valencias in Delray Beach, Boynton Beach and Lake Worth remain one of our top luxury active adult communities.
The Valencias are gated and pet-friendly communities!
Here is the breakdown by community.
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VALENCIA LAKES |
VALENCIA ISLES |
VALENCIA FALLS |
VALENCIA SHORES |
VALENCIA PALMS |
VALENCIA POINTE |
VALENCIA RESERVE |
|
# SOLD |
3 |
3 |
2 |
9 |
4 |
4 |
4 |
|
AVER $ |
$ 274,717 |
$ 356,500 |
$ 315,000 |
$ 352,111 |
$ 379,475 |
$ 395,500 |
$ 370,750 |
|
DOM |
75 |
97 |
90 |
230 |
159 |
160 |
175
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|
LIST PRICE/ SALE PRICE |
$ 287,933/ $ 274,717 ( 95.9 %) |
$ 368,633/ $ 356,500 ( 97.13 %) |
$ 334,950/ $ 315,000 ( 93.7 %) |
$ 368,356/ $ 352,111 ( 96.06 %) |
$ 398,975/ $ 379,475 ( 95.18 %) |
$ 410,875/ $ 395,500 ( 96.3 %)
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$ 382,175/ $ 370,750 ( 97.05 %) |
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For more information on buying or selling a home in the Valencias or pet-friendly 55+ communities, 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.
REAL ESTATE MARKET REPORT - THE VALENCIAS - APR 2013
REAL ESTATE MARKET REPORT - THE VALENCIAS - MAR 2013
REAL ESTATE MARKET REPORT - THE VALENCIAS - FEB 2013
REAL ESTATE MARKET REPORT - THE VALENCIAS - JAN 2013
REAL ESTATE MARKET REPORT - THE VALENCIAS - DEC 2012
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