Let’s take a look at the Del Ray Beach Real Estate Market Activity for January 2019.
According to the latest report from Beaches MLS, as of 11/30/2019 the median home sale price is $240,000.00, which is down 2.04% percent from the previous month. However, that price is up 16.5% over the last 12 months.
What Do The Market Trends Indicate?
The beginning of January 2019 median home value is estimated at $255,000.00 which is up 4.7% over the last twelve months. Del Ray Beach homes are still above the national median price of $243,000.
Looking at median list price for homes in Del Ray Beach shows a list price of $350,000, up 2.9% from the previous month and up 9.34% over the last twelve months.
33446 Zip Code Area Housing Stats
Let’s focus on zip code 33446 for the period ending 12/31/2018.
The median estimated value for homes in the 33446 housing market is $319,000.00, up 0.42% from the previous month, but well above the national average of $253,000.00.
Median list price for homes in the 33446 area code is $440,000.00, a drop of 0.11% from the previous month and down 2.12% over the last twelve months.
Median sale price for homes in the 33446 area code is $331,000.00, up a healthy 28.59% from the previous month.
All homes for sale in 33446 shown below are priced at $330,000 or less.
Homes For Sale In Zip Code 33446
What Does This Mean For Buyers?
For buyers in the Del Ray Beach area, market prices are rising and there is more competition for homes. While list prices are coming down, sale prices are going up as buyers are bidding up properties.
Buyers need to be ready to act when a house meets their criteria. Having an updated list of properties that are new on the market will keep you a step ahead of other buyers. Put yourself in a position to be notified as soon as properties become available.
What Does This Mean For Sellers?
For sellers in the 33446 area code, you can expect your sales price to be above the national average for the short term. Sellers are seeing list prices fall slightly and property staying on the market longer. While there is competition among buyers, sellers need to make sure their property is priced correctly for the current market. Get a home valuation estimate on your home, especially if you have made upgrades.
Delray Beach Homes For Sale Under 240K
Delray Beach New Construction Homes For Sale
Wondering what your home might be worth? Find out with our home valuation calculator.