Delray Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $178,750
    0% ( $250 ) vs Feb 2014
  • Median Sales Price
    $138,000
    5% ( $6,509 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $124,400
    0% ( $600 ) vs Feb 2014
  • Foreclosures 1,119
    Homes for Sale 815
    Recently Sold 2,005

Market Summary

There are currently 1,119 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 815.

In March, the number of properties that received a foreclosure filing in Delray Beach, FL was 24% higher than the previous month and 15% lower than the same time last year.

Home sales for February 2015 were down 16% compared with the previous month, and down 20% compared with a year ago. The median sales price of a non-distressed home was $138,000. The median sales price of a foreclosure home was $124,400, or 10% lower than non-distressed home sales.

Sales Prices - Delray Beach, FL




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$124,400 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $149,400 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $123,200 (Median Foreclosure Sales Price) $138,000 (Median Sales Price) $144,509 (Median Sales Price) $142,000 (Median Sales Price) $132,500 (Median Sales Price) $125,000 (Median Sales Price) $122,250 (Median Sales Price) $124,400 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $149,400 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $123,200 (Median Foreclosure Sales Price) $138,000 (Median Sales Price) $144,509 (Median Sales Price) $142,000 (Median Sales Price) $132,500 (Median Sales Price) $125,000 (Median Sales Price) $122,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
1,845
24.2
% (y-o-y)
$229,100
2.7
% (y-o-y)
30.2%
37.7
% (y-o-y)
Fort Lauderdale
1,296
20.3
% (y-o-y)
$175,000
9.4
% (y-o-y)
25.7%
26.3
% (y-o-y)
Pompano Beach
681
27.6
% (y-o-y)
$149,000
4.9
% (y-o-y)
16.1%
22.5
% (y-o-y)
Hollywood
621
27.0
% (y-o-y)
$190,000
8.6
% (y-o-y)
20.3%
17.2
% (y-o-y)
West Palm Beach
617
20.4
% (y-o-y)
$141,000
12.8
% (y-o-y)
17.1%
26.4
% (y-o-y)
Boca Raton
335
24.7
% (y-o-y)
$243,538
5.9
% (y-o-y)
8.2%
9.4
% (y-o-y)
Lake Worth
290
25.1
% (y-o-y)
$135,000
5.5
% (y-o-y)
11.1%
14.1
% (y-o-y)
Boynton Beach
235
23.7
% (y-o-y)
$169,500
2.7
% (y-o-y)
27.3%
23.7
% (y-o-y)
Jupiter
144
23.0
% (y-o-y)
$280,000
5.6
% (y-o-y)
19.3%
24.5
% (y-o-y)
Opa Locka
103
13.4
% (y-o-y)
$120,000
9.1
% (y-o-y)
15.1%
18.1
% (y-o-y)

Local Info For Delray Beach

Population:
61,088
Cost of Living Index: 127.26
Crime Index: 82.85     Rating: B View crime details
Schools: 11    Average School Rating: C View individual school rating
Household Median Income: $49,745
Unemployment: 4.90%
Percentage of vacant homes: 22.21%