Delray Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $160,000
    3% ( $4,550 ) vs May 2013
  • Median Sales Price
    $116,400
    1% ( $600 ) vs May 2013
  • Median Foreclosure Sales Price
    $100,000
    16% ( $19,000 ) vs May 2013
  • Foreclosures 1,624
    Homes for Sale 784
    Recently Sold 3,178

Market Summary

There are currently 1,624 properties in Delray Beach, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 784.

In June, the number of properties that received a foreclosure filing in Delray Beach, FL was 28% lower than the previous month and 57% lower than the same time last year.

Home sales for May 2014 were up 14% compared with the previous month, and up 12% compared with a year ago. The median sales price of a non-distressed home was $116,400. The median sales price of a foreclosure home was $100,000, or 14% lower than non-distressed home sales.

Sales Prices - Delray Beach, FL




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$100,000 (Median Foreclosure Sales Price) $119,000 (Median Foreclosure Sales Price) $113,614 (Median Foreclosure Sales Price) $114,600 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,579 (Median Foreclosure Sales Price) $116,400 (Median Sales Price) $117,000 (Median Sales Price) $122,500 (Median Sales Price) $127,000 (Median Sales Price) $123,500 (Median Sales Price) $120,000 (Median Sales Price) $100,000 (Median Foreclosure Sales Price) $119,000 (Median Foreclosure Sales Price) $113,614 (Median Foreclosure Sales Price) $114,600 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,579 (Median Foreclosure Sales Price) $116,400 (Median Sales Price) $117,000 (Median Sales Price) $122,500 (Median Sales Price) $127,000 (Median Sales Price) $123,500 (Median Sales Price) $120,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,904
23.6
% (y-o-y)
$236,000
10.8
% (y-o-y)
38.3%
46.0
% (y-o-y)
Fort Lauderdale
2,155
2.5
% (y-o-y)
$170,000
13.3
% (y-o-y)
32.2%
33.3
% (y-o-y)
West Palm Beach
1,146
3.9
% (y-o-y)
$137,410
29.6
% (y-o-y)
24.6%
15.1
% (y-o-y)
Pompano Beach
1,038
17.5
% (y-o-y)
$142,250
16.1
% (y-o-y)
20.6%
28.2
% (y-o-y)
Hollywood
967
6.8
% (y-o-y)
$179,000
13.3
% (y-o-y)
16.2%
20.9
% (y-o-y)
Boca Raton
722
8.7
% (y-o-y)
$265,000
23.3
% (y-o-y)
17.0%
22.4
% (y-o-y)
Lake Worth
596
6.0
% (y-o-y)
$125,000
36.6
% (y-o-y)
15.0%
3.8
% (y-o-y)
Boynton Beach
513
3.6
% (y-o-y)
$157,250
13.9
% (y-o-y)
10.2%
18.6
% (y-o-y)
Jupiter
292
4.9
% (y-o-y)
$277,500
4.7
% (y-o-y)
33.3%
24.9
% (y-o-y)
Deerfield Beach
219
4.4
% (y-o-y)
$84,000
13.5
% (y-o-y)
Data not available

Local Info For Delray Beach

Population:
61,088
Cost of Living Index: 127.26
Crime Index: 175.71     Rating: C View crime details
Schools: 11    Average School Rating: C View individual school rating
Household Median Income: $49,745
Unemployment: 6.20%
Percentage of vacant homes: 22.21%