As we’re nearing peak high season, I have a couple ideas to share today…
*** Your Q1 Definitive Downtown Delray Condo Guide is complete.
If you’re not aware of this tool, each quarter I look at 19 downtown Delray condo communities and update key indicators. Some of those are the median price per building, average square foot price, how many sold, current HOA fees and more.
If you’ve been thinking this is the year to purchase a downtown Delray condo, reply back with your email address or click here. I’ll get the guide to you promptly.
The key takeaways from my new report compared to Q3 2025 are these points:
* Average Median Price is down from $1,031,191 to $979,343 – or 5%.
* Median Price per SqFt is down from $706 to $651 – or 7.8%
As a category, Florida condos have been the weakest part of our real estate market. That’s due to the engineering and reserve studies on buildings 3 stories and higher, and 30 years or older. And, the special assessments each HOA charged to unit owners for the amount needed to complete deferred maintenance.
Most of the buildings affected by this are along the beach. A high percentage were built in the 60’s and 70’s.
As for a downtown Delray condo, most of the buildings were built in the early 2000’s and have been affected by the overall trend. But 5% is much less of a drop than what the beachside condos are enduring.
To give you and idea what you can expect for a downtown Delray condo, have a look at my Delray condo listing in the Pineapple Grove Condo community. Like most Delray condo buildings, walkability is a key benefit. From this unit you’re 12 blocks to the beach, 159 steps to an Irish Pub, 249 steps to a 5-star hotel with 3 amazing restaurants and 2 blocks to the center of town where live entertainment, farmers market and more event happen all year long.
*** February Delray Beach Events Ramp Up
Except for the unusually cold winter we’re enjoying, the Delray event calendar is heating up. Here’s a list of things to put on your calendar:
* Delray Beach Tennis Open – February 13-22 – Delray Beach Tennis Center – 201 W. Atlantic Ave. Over 60,000-plus spectators attend each year. For all the details click here
* Savor The Ave takes place Monday, March 23. It’s not a ticketed event. Reservations sell out FAST so don’t wait. To participate, you must make a reservation directly with one of the participating restaurants. Each restaurant offers its own four-course menu, pairings, and pricing for the evening. Here’s a link for more details
* Delray Beach Garlic Fest is February 28th – March 1st at Old School Square
* Twilight Concert Series – February 12th, 5 p.m. – 9 p.m. at Old School Square
* Downtown Delray Beach Craft Festival. February 7th – 8th, NE 4th Ave north of Atlantic Ave
(Main Photo: Barr Terrace & Delray Summit Condos)
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*** His and her Dry Saunas? Yep – ONLY 3 out of 160 Units in Pineapple Grove Condos are For Sale – This downtown Delray condo listing delivers HUGE value. 2 Gyms, his & her dry saunas, 1 pool, business center, bicycle parking, secure-gated parking and a 94/100 Walkability Score!
*** Seeking ideas for your family to enjoy while in Delray? I wrote this for you
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*** South Florida Real Estate Inventory is ABOVE 2019***
Last week’s supply was 55,383
Today’s supply is 57,218
*** Supply is DOWN 27 of 39 weeks…***
