Delray Beach, FL Market Update for June 2007

Here are the latest real estate market statistics for Delray Beach, FL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 28.4%*

Average	May 2007	June 2007	% Change
Asking Price	$502,601	$398,797	-20.7%
Sales Price	$453,274	$362,158	-20.1%
% of Asking Price	90%	91%	1.1%
$/SQFT	$297	$264	-11.1%
Days on Market	160	127	-20.6%
Total Transactions	156	131	-16.0%

Search for homes in Delray Beach, FL and read a neighborhood overview of the Delray Beach, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 3,856 properties on the market with 1,097 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.