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Elliman Report: Delray Beach Sales 1Q 2018

As one of the most active markets in South Florida so far this year, the Delray Beach sales and price¬†trend indicators rose above prior year levels. The number of single-family sales rose 4% to 310,¬†and the number of condo sales increased 6.7% to 633 respectively from the prior-year quarter. Also, there was a 17.1% uptick in 89 sales within the East of Federal Highway submarket which contains some of the highest priced properties in the city. Listing inventory across the overall market remained…

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