“But Delray Beach has that vibe, that something special that other cities don’t.”
My customer Joe kept coming back to that statement no matter where we looked. He and I were looking at home prices throughout south Palm Beach county. Then the Delray Beach March real estate data came out and the real estate market here is looking strong.
Delray Beach Real Estate Data March 2024
* # of new listings is up 84% since August 2023
* Median Sale Price is up from $344k to $390k Year-over-Year (YOY). That’s a 13.4% rise
* Active Listings is up from 2509 to 3263, or a 30% increase YOY
The only weak spot is the number of sold units in the city. It fell from 827 to 710, or a 14% drop. Now that we’ve seen 8 months of increasing supply, we should see more sales in 2024 compared to last year.
But the Delray Beach vibe goes beyond its real estate. Here are a handful of NEW things to share you may find interesting:
* New eatery, Paris Baguette opened 2 weeks ago. Here’s their Instagram page
* Barnes & Noble opened next to Trader Joe’s on the SE side of Fed Hwy / Linton Ave
* Nordstrom Rack is next to that
* Papamigo
* Pura Vida – opening soon
Delray Beach continues to thrive as a top foodie spot. Whether it’s along Atlantic Avenue, or the surging Pineapple Grove District, or along the fringes… you can’t get away from great food options.
My last count of the number of Delray Beach restaurants was back in December. I counted 74 back then.
There will be a lot more to share this year. I see quite a bit of buildings where things are being built behind papered walls.
But having lived here 9 years, it’s not just about food. The Delray Beach vibe extends to our outdoor lifestyle. From art festivals, to our monthly Art & Jazz On The Ave events. Then the first Friday of every month is the Art Stroll along Pineapple Grove with live music.
Delray Beach and it’s Commitment to Sustainability
And Delray Beach has a vibrant Yoga community. There are over 9 Yoga studios. And on the first Sunday of the month there is Coco Market filled will organic vendors and folks supporting the sustainability movement. Speaking of that, Delray Beach has a sustainability manager who’s active with enhancing our natural areas, parks, conservation work, habitat restoration projects and so much more.
Being a designated Green Realtor, I give a lot of my time to beach cleanups, attending sustainable events, and have even given a couple talks about how to live a green lifestyle. If that’s of interest to you check out my Green Living page for more details how you can, too.
And if you want to participate in Delray Beach Earth Month activities, this link provides you with everything you need.
So yes, there’s a vibe in Delray Beach that’s quite unique. I hope you’re out and about experiencing as much as you can…
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*** Thinking of selling? How about an Equity Review to help you decide. It’s like a Competitive Market Analysis, but with more oomph. Call or text me at 561-777-4089 to set up an appointment
*** Florida added its 8th Insurer last month. This is a good trend to bring more competition and perhaps early stages of insurance policy relief
*** Happy Earth Month! Delray is full of fun and interesting ways for you to learn and participate. If you’d like to join me and clean up our beach, I’ll be here. Send me a text to let me now and we can meet up
*** This weekend, April 12-14, is the 62nd Annual Delray Affair. Get out there!
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*** Surging Supply ***
* Last week there were 44,445 available…
* This morning’s Inventory is 45,103 *
… supply is UP 658 units in the last week ***
