December 2024
Delray Beach Market Stats
As we close out the year, the December 2024 real estate market in Delray Beach revealed a mix of trends for both single-family homes and townhouses/condos. Here's a breakdown of the latest data, showcasing how the market performed compared to a year ago.
Delray Beach Single-Family Home
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Closed Sales: 35, down 20% from December 2023.
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Median Sales Price: $750,000, up 3.1% year-over-year.
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Active Inventory: 316, up 13% compared to last year.
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Months Supply of Inventory: 6.0 months, up from 5.2 months in December 2023.
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New Listings: 80, up 8.1% year-over-year.
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New Pending Sales: 52, up 30% compared to last year.
Delray Beach Townhouse and Condos
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Closed Sales: 53, up 3.9% from December 2023.
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Median Sales Price: $325,000, up 3.2% year-over-year.
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Active Inventory: 394, up 37% compared to last year.
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Months Supply of Inventory: 7.5 months, up from 4.9 months in December 2023.
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New Listings: 75, down 18% year-over-year.
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New Pending Sales: 47, up 31% compared to last year.
This data highlights a strengthening market in Delray Beach, with notable increases in median sales prices, active inventory, and new pending sales across both property types. While single-family homes saw a dip in closed sales, the townhouse/condo sector experienced growth in this area, signaling varied opportunities for buyers and sellers.
