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Elliman Report: Delray Beach Sales 3Q 2018

The Delray Beach housing market was best characterized by rising price trends outside of the¬†luxury market. The median sales price for singlefamily sales jumped 13.7% to $430,000, and the¬†median sales price for condos increased 2% to $130,000 respectively from the year-ago quarter. The trends shown with the remaining price indicators of the average sales price and the average price per square foot showed mixed results across the singlefamily and condo markets. The price trend results of the luxury market, representing the top 10% of all sales, showed weaker trends but were skewed…

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