Haftel Estates is excited to bring you this in-depth look at the Delray Beach real estate market for May 2019.
If you are in the market to buy a home, use our search tool to find properties in your price range, save your searches, and sign up for alerts to be notified as soon new properties become available.
Sellers take advantage of our free home valuation tool to get an estimate of your home’s worth. We are happy to answer any questions you have about getting your home listed and marketed to qualified buyers.
Delray Beach Housing Market Statistics
The median sale price for homes in Delray Beach Florida started April 2019 at $253,000, a decrease from March 2019 of 8.18%. Sales prices have increased by 6.99% over the last quarter, and 10.75% for the last 12 months.
Median list prices for homes in Delray Beach Florida for April 2019 was $260,000, no change from the previous month, list prices have increased 8.7% over the last twelve months.
The median list price for homes in Delray Beach lower than the Palm Beach County average of $325,000 and lower than the Florida median of $275,000.
The median estimated value of homes in Delray Beach is $254,000, which is an increase of 3.0% compared to this time last year. The median age of homes in Delray Beach is approximately 34 years.
Most homes in the Delray Beach area that have been sold in the last six months are been between 1,000 and 1,200 square feet in size. There were 517 homes a 1,000 square feet or less, and 327 homes were 2,000 square feet and larger.
The 33446 Zip Code Housing Statistics
The 33446 zip code in Delray Beach began April 2019 with a median sale price of $250,000, a decrease of 26.62% compared to the previous month. Median sale prices are down 14.7% for the quarter and 20.79% over the last 12 months. The median age of homes sold is 27 years.
The median list prices for homes in the 33446 Delray Beach zip code for April 2019 was $270,000, an increase of 3.8% from the last month, and up 17.4% over the last twelve month period.
The list price in the 33446 zip code is also lower than the Palm Beach County median list price of $325,000 and the State of Florida median of $275,000.
The 33446 zip code median estimated home value for April 2019 was at $329,000, a 3.8% increase in the last twelve months. This median is higher than the Palm Beach County median estimated home value of $306,000.
The majority of homes sold in the 33446 Delray Beach zip code have been priced at $200,000 or less, 339 homes have been sold in this price range during the last six months.
The average size of homes sold in the 33446 zip code is 1,000 square feet or less; 117 homes sized 2200 square feet and larger have been sold during the last six months.
There have been 81 homes 1,000 to 1,200 square feet sold during this time as well. A total of 201 homes 1,200 to 2,200 square feet were sold in the last six months.
The majority of the homes are two bedroom homes, and the next highest total is 3 bedroom homes.
What Does This Mean For Buyers In The Delray Beach Area?
Sales prices are falling which means the buyer may have the opportunity to pay a little less for a home in the Delray Beach area. Listing volume is increasing which means more inventory for buyers to choose from.
Buyers need to have financing in place, and a strategy prepared so when you do find the perfect home you are ready to act. At Haftel Estates we put our experience to work finding you the perfect home and helping you submit the most attractive offer. Call us today!
What Does This Mean For Sellers In The Delray Beach Area?
Homeowners interested in selling their home may see their home stay on the market a little longer, or get less than the full asking price. There is a strong demand for homes in the $150,000 and less price range, as well as the $450,000 and higher price range.
Sellers in Delray Beach can utilize our free home valuation tool to get an estimate of your home’s worth. Haftel Estates puts our market knowledge to work getting your home shown to qualified buyers. We make sure your home creates a great first impression to buyers and stands out among the competition. Give us a call and we can answer questions about getting your home listed today.
Delray Beach Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for Del Ray Beach. All homes here are priced at $253,000 or less.
33446 Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for zip code 33446. All homes here are priced at $329,00 or less.
