Delray Beach’s Real Estate Market is Booming

Delray Beach features a large public beach.

With beaches, a thriving downtown district, lively arts scene and numerous desirable neighborhoods, Delray Beach remains one of the more popular cities in Palm Beach County in which to live. The City continues to develop real estate along the Federal Highway corridor, building more condos within walking distance of its famous downtown area, which features dozens of restaurants and bars. Not surprisingly, many people from the Northeast like to purchase winter homes in the area because Delray’s downtown, with its shops, galleries and restaurants, gives them a small taste of city life up North.

People from Northern states like New York, Pennsylvania, New Jersey and Massachusetts, as well as South Florida residents, can get expert advice about the real estate market in Delray Beach by contacting knowledgeable realtors delray beach. Local real estate agents can show potential homebuyers Delray Beach listings across the city and advise them about the home-buying process, whether they’ve purchased a home before or not.

Sales data shows that median home sales prices and the price per square foot have both increased in Delray Beach over the past year, according to home website Trulia. Median home sales went up by about 6% ($11,500.00) in the last year in Delray Beach. During that same time period, the average price per square foot jumped $7, going from $158 per foot to $165/ft.

The real estate market in adjacent cities and towns has also benefitted from Delray Beach’s appeal. Homebuyers can purchase properties in places like Ocean Ridge, Gulf Stream, Highland Beach and Boynton Beach, a short commute from all that Delray Beach has to offer. People do not necessarily have to live in Delray Beach to enjoy its culture and nightlife. Talk to professional realtors to learn more about real estate ocean ridge listings. This quiet, beachside town provides a relaxed pace and prime real estate.