Delray Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,250
    6% ( $10,250 ) vs May 2014
  • Median Sales Price
    $135,000
    1% ( $1,750 ) vs May 2014
  • Median Foreclosure Sales Price
    $99,700
    6% ( $6,300 ) vs May 2014
  • Foreclosures 869
    Homes for Sale 986
    Recently Sold 1,130

Market Summary

There are currently 869 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 986.

In June, the number of properties that received a foreclosure filing in Delray Beach, FL was 2% lower than the previous month and 13% lower than the same time last year.

Home sales for May 2015 were up 71% compared with the previous month, and down 42% compared with a year ago. The median sales price of a non-distressed home was $135,000. The median sales price of a foreclosure home was $99,700, or 26% lower than non-distressed home sales.

Sales Prices - Delray Beach, FL




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$99,700 (Median Foreclosure Sales Price) $106,000 (Median Foreclosure Sales Price) $124,400 (Median Foreclosure Sales Price) $124,400 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $135,000 (Median Sales Price) $136,750 (Median Sales Price) $134,500 (Median Sales Price) $138,000 (Median Sales Price) $144,509 (Median Sales Price) $142,000 (Median Sales Price) $99,700 (Median Foreclosure Sales Price) $106,000 (Median Foreclosure Sales Price) $124,400 (Median Foreclosure Sales Price) $124,400 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $135,000 (Median Sales Price) $136,750 (Median Sales Price) $134,500 (Median Sales Price) $138,000 (Median Sales Price) $144,509 (Median Sales Price) $142,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,276
21.5
% (y-o-y)
$250,000
6.4
% (y-o-y)
37.2%
38.0
% (y-o-y)
Fort Lauderdale
1,356
37.0
% (y-o-y)
$181,500
6.8
% (y-o-y)
31.1%
32.3
% (y-o-y)
West Palm Beach
897
21.7
% (y-o-y)
$165,000
20.4
% (y-o-y)
33.2%
24.6
% (y-o-y)
Pompano Beach
770
25.8
% (y-o-y)
$169,750
19.1
% (y-o-y)
29.3%
20.7
% (y-o-y)
Hollywood
726
25.0
% (y-o-y)
$210,000
17.3
% (y-o-y)
30.0%
16.2
% (y-o-y)
Boca Raton
464
35.6
% (y-o-y)
$269,000
1.5
% (y-o-y)
26.7%
17.0
% (y-o-y)
Lake Worth
401
32.7
% (y-o-y)
$150,000
20.0
% (y-o-y)
23.3%
15.0
% (y-o-y)
Boynton Beach
309
39.5
% (y-o-y)
$169,000
7.0
% (y-o-y)
20.1%
10.6
% (y-o-y)
Jupiter
182
37.0
% (y-o-y)
$329,000
18.7
% (y-o-y)
35.3%
33.3
% (y-o-y)
Palm Beach Gardens
172
18.5
% (y-o-y)
$309,950
4.2
% (y-o-y)
39.2%
43.3
% (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: 4.70%
Percentage of vacant homes: 22.21%