May 2025
Delray Beach Market Stats
The Delray Beach housing market showed mixed performance in May 2025, reflecting both price growth and continued buyer hesitation. Single-family homes saw higher prices but fewer closed sales and listings, while the townhouse and condo segment faced steeper drops in activity but a boost in pending sales.
Delray Beach Single-Family Home
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Closed Sales: 63 homes sold (↓ 14% year-over-year)
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Median Sales Price: $997,000 (↑ 5.5%)
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Active Inventory: 323 listings (↑ 13%)
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Months Supply of Inventory: 6.1 months (up from 5.6 months)
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New Listings: 70 (↓ 24%)
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New Pending Sales: 63 (↓ 1.6%)
Although buyer demand softened, prices continued to climb—suggesting persistent interest in high-end properties despite reduced activity.
Delray Beach Townhouse and Condos
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Closed Sales: 55 (↓ 32% year-over-year)
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Median Sales Price: $365,000 (no change)
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Active Inventory: 441 listings (↑ 17%)
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Months Supply of Inventory: 8.8 months (up from 6.5 months)
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New Listings: 84 (↓ 12%)
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New Pending Sales: 64 (↑ 12%)
Townhouse and condo inventory continues to build as sales slow, though an increase in pending contracts may indicate a shift toward renewed buyer interest heading into summer.
