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Delray Beach Market Report

$1,105,099

AVERAGE PRICE OF 1,356 HOMES

$3,412,345

AVERAGE PRICE OF 329 MULTI-MILLION DOLLAR HOMES

$2,644,038

AVERAGE PRICE OF 362 HOMES WITH A POOL

$313,281

AVERAGE PRICE OF 11 DISTRESSED HOMES

$4,227,831

AVERAGE PRICE OF 87 NEWLY BUILT HOMES

$625,315

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $1,105,099
Avg Bedrooms 2.7 beds
Avg Bathrooms 3.28 baths

Average Price by Bedrooms

1 bedroom $215,641
2 bedrooms $338,402
3 bedrooms $1,065,814
4 bedrooms $2,173,519
5 bedrooms $3,011,493
Delray Beach Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,388 1,457 1,480 1,445 1,273
Average Price $1,101,868 $1,068,160 $1,002,697 $1,010,009 $1,065,440
Avg Price Change +3.16% +6.53% -0.73% -5.49% -0.43%
Median Price $378,670 $373,130 $375,057 $382,291 $392,074
Med Price Change +1.48% -0.52% -1.93% -2.56% +0.39%
Avg Bedrooms 2.65 beds 2.56 beds 2.4 beds 2.42 beds 1.97 beds
Avg Bathrooms 3.08 baths 2.9 baths 2.28 baths 2.3 baths 1.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Atlantic High School 101 $1,100,275 82 days
Atlantic Technical 2 $1,019,950 20 days
Boca Raton Community High School 41 $1,223,816 72 days
Olympic Heights Community High 58 $2,584,909 83 days
Spanish River Community 6 $714,099 70 days
Spanish River Community High School 84 $898,942 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,356 $1,105,099 78 days
Multi-Million Dollar Homes 329 $3,412,345 79 days
Homes with a Pool 362 $2,644,038 77 days
Distressed Homes 11 $313,281 94 days
Newly Built Homes 87 $4,227,831 146 days
Reduced Price Homes 63 $625,315 59 days
Local Real Estate Co.
Stephen Mossini
1300 N Federal Hwy. Suite 207
Boca Raton, FL 33432
561-571-1502

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