Today I'm going to share with you what is happening in the Delray Beach real estate market.
One of the best ways to do that is by monitoring local market statistics. As of March 5th 2018 there are currently 1,803 properties on the market. Also there have been 300 Closed Transactions in the last 30 days in the city of Delray Beach.
How can you use the information shown in my graphs?
Days-on-Market graph- helps with knowing how long on average it will take to sell a home in a specific price range.
Number of Real Buyers- This will help you understand the demand in each price range.
Sale price as a percentage of list price- This lets you know how much of the list price these homes have sold for in the last month.
Current Listings- current inventory