July 2026
Delray Beach Market Stats
Delray Beach’s residential market is showing a more competitive inventory picture in July, even as the pace of newly signed contracts softened. Single family home prices continued to climb, while townhouse and condo sales gained ground, creating a market where well positioned properties can still attract meaningful attention.
Delray Beach Single-Family Home
In the single family segment, closed sales declined 16 percent from last year to 41 transactions, yet the median sale price rose 10 percent to $911,000. That combination suggests that fewer transactions are not necessarily signaling weaker values. Instead, the reduction in available choices is likely helping support pricing for homes that meet current buyer expectations. Active inventory fell 13 percent to 245 properties, and supply tightened from 5.4 months to 4.4 months. With 71 new listings entering the market, up 18 percent year over year, sellers are still coming forward, but the overall pool of available homes has not expanded enough to offset recent demand.
The near term picture for single family homes is more measured. New pending sales slipped 18 percent to 42, indicating that buyers may be taking additional time to evaluate price, condition, insurance costs, and location before committing. Still, the current supply level points to a market that is closer to balance than it was a year ago, with limited inventory continuing to give accurately priced sellers an advantage.
Delray Beach Townhouse and Condos
The townhouse and condo market told a different story in completed transactions. Closed sales increased 19 percent to 76, while the median sale price edged up 1.6 percent to $311,500. This segment remains a practical option for buyers seeking a lower entry point into Delray Beach, as well as homeowners considering a simplified maintenance lifestyle. Inventory declined 12 percent to 322 listings, and months of supply narrowed from 6.8 to 5.4 months. However, new pending sales dropped 29 percent to 47, which may signal a slower late summer contract pace after a stronger period of closings.
Overall, Delray Beach is neither broadly favoring buyers nor sellers. Buyers have a more deliberate decision process ahead, while sellers benefit most when pricing and presentation align with active competition. The Branham Group can help you interpret neighborhood level trends, identify timely buying opportunities, or develop a valuation and launch strategy tailored to your property.
