Deerfield Beach Real Estate Market Report
Throughout South Florida, the years of 2007 and 2008 were the years during which we experienced the lowest number of sales and highest level of Inventory. Since that time, sales have increased significantly and the same is the case with the Real Estate Market in the City of Deerfield Beach. Included below is information about purchases of Single Family Homes in Deerfield Beach during the last 5 years.
Deerfield Beach 5-Year Real Estate Sales |
|
Purchase Dates |
Number of Properties Sold |
January – July of 2011 | 229 |
Year 2010 | 396 |
Year 2009 | 365 |
Year 2008 | 218 |
Year 2007 | 209 |
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Sales of Single Family Houses during January – July of 2011 |
|
Purchase Price Range |
Number of Properties Sold |
Under $100,000 | 63 |
$100,000 – $199,999 | 98 |
$200,000 – $299,999 | 44 |
$300,000 – $399,999 | 10 |
$400,000 – $499,999 | 6 |
$500,000 – $699,999 | 5 |
$700,000 – $999,999 | 2 |
$1,000,000 and above | 1 property purchased for $1,200,000 |
Average purchase price = $175,568 | |
Short Sales Purchased | 40 |
Bank Owned Foreclosures Purchased | 70 |
Single Family Homes for Sale = 181 | |
Single Family Homes that are under Contract for purchase = 117 |
Deerfield Beach Waterfront Homes
Of the 229 Single Family Homes that have been purchased in Deerfield Beach in 2011 through the month of July, 9 are Waterfront Homes that were sold with purchase prices of $329,500 – $1,200,000, with an average purchase price of $640,500. The Properties are located on the Intracoastal and Ocean Access Canals in the Communities of The Cove, Eastway Park, Little Harbor on the Hill, and Poinsettia Gardens.
Currently, 20 Waterfront Homes are listed for sale in Deerfield Beach. They are located on the Intracoastal and Ocean Access Canals in the Communities of Twin Oaks, The Cove, Sunset East, Poinsettia Gardens, and Little Harbor on the Hill. The list price range of the properties is $369,000 – $4,500,000.
Interested in Deerfield Beach properties? Start your search here.
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