Delray Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $154,900
    3% ( $5,000 ) vs Feb 2013
  • Median Sales Price
    $127,000
    3% ( $3,500 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $114,600
    4% ( $4,600 ) vs Feb 2013
  • Foreclosures 1,835
    Homes for Sale 821
    Recently Sold 3,341

Market Summary

There are currently 1,835 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 821.

In March, the number of properties that received a foreclosure filing in Delray Beach, FL was 12% lower than the previous month and 2% higher than the same time last year.

Home sales for February 2014 were down 2% compared with the previous month, and down 21% compared with a year ago. The median sales price of a non-distressed home was $127,000. The median sales price of a foreclosure home was $114,600, or 10% lower than non-distressed home sales.

Sales Prices - Delray Beach, FL




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$114,600 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,579 (Median Foreclosure Sales Price) $126,900 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $103,450 (Median Foreclosure Sales Price) $127,000 (Median Sales Price) $123,500 (Median Sales Price) $120,000 (Median Sales Price) $111,000 (Median Sales Price) $95,000 (Median Sales Price) $91,000 (Median Sales Price) $114,600 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $111,579 (Median Foreclosure Sales Price) $126,900 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $103,450 (Median Foreclosure Sales Price) $127,000 (Median Sales Price) $123,500 (Median Sales Price) $120,000 (Median Sales Price) $111,000 (Median Sales Price) $95,000 (Median Sales Price) $91,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
2,417
8.9
% (y-o-y)
$220,000
14.9
% (y-o-y)
37.1%
39.9
% (y-o-y)
Fort Lauderdale
1,626
6.9
% (y-o-y)
$160,000
23.1
% (y-o-y)
26.3%
23.8
% (y-o-y)
Pompano Beach
941
11.1
% (y-o-y)
$142,000
21.4
% (y-o-y)
22.5%
27.2
% (y-o-y)
Hollywood
851
3.9
% (y-o-y)
$175,000
26.8
% (y-o-y)
17.2%
13.0
% (y-o-y)
West Palm Beach
775
32.0
% (y-o-y)
$125,000
25.9
% (y-o-y)
26.4%
19.4
% (y-o-y)
Boca Raton
445
16.2
% (y-o-y)
$230,000
15.0
% (y-o-y)
9.4%
27.7
% (y-o-y)
Lake Worth
387
24.4
% (y-o-y)
$127,998
30.6
% (y-o-y)
14.1%
12.5
% (y-o-y)
Boynton Beach
308
28.0
% (y-o-y)
$165,000
26.9
% (y-o-y)
23.7%
26.9
% (y-o-y)
Jupiter
187
3.1
% (y-o-y)
$265,050
0.0
% (y-o-y)
24.5%
33.2
% (y-o-y)
North Miami Beach
159
21.7
% (y-o-y)
$290,000
11.5
% (y-o-y)
40.8%
40.8
% (y-o-y)

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: 6.50%
Percentage of vacant homes: 22.21%