East Delray Beach Homes sold in 1st Quarter 2012

East Delray Beach Single Family Homes
Real Estate Market Report
1st Quarter of 2012

Properties Sold

During the first Quarter of 2012, MLS Property Sales records indicate that 70 Single Family Homes were purchased in East Delray Beach. Below are additional details about the 70 Property purchases.

Purchase Price Range	# Sold	Bank Owned	Short Sales
Under $100,000	21	3	5
$100,000 – $199,999	6	1	1
$200,000 – $399,999	13	2	0
$400,000 – $699,999	11	0	0
$700,000 – $999,999	4	1	0
$1,000,000 – $6,000,000	15	0	0

Notes:

For this Report, East Delray Beach refers to properties that are located East of I-95, East of U.S. 1, and East of the Intracoastal. It’s important to note that Properties located East are not the majority of the Inventory, nor the majority of the Land in Delray Beach, so East properties don’t comprise the majority of the sales in Delray Beach.
13 of the 70 Properties that were purchased are Waterfront properties. The purchase price range of the Waterfront properties was $375,000 – $6,000,000, with an average purchase price of $1,728,500. The Waterfront locations of the properties are Oceanfront, Intracoastal, and Ocean Access Canals. The property that was purchased for $6,000,000 is a direct Oceanfront property. Subdivisions that the properties are located in are Coral Manor, Delray Isle, Delray Lakes, Lake Ida Shores, Marina Historic District, Tropic Isle, and Palm Beach Shore.

Properties for Sale

Currently, 201 Single Family Homes are on the Market for Sale in East Delray Beach:

List Price Range	# of Properties for Sale
Under $100,000	8
$100,000 – $199,999	13
$200,000 – $399,999	12
$400,000 – $699,999	25
$700,000 – $999,999	32
$1,000,000+	100