Delray Beach Waterfront Homes
Real Estate Market Report
Oceanfront and Waterfront Ocean Access Homes in Delray Beach command premium prices, remain in high demand, and are highly desirable because of their location, Boat Dockage, beautiful Water views, and other features. Such properties, however, ARE NOT the majority of available properties in East Delray Beach.
Below are details about average purchase prices of Delray Beach Waterfront Homes purchased this year, per Recorded property sales in the MLS.
- 6 Oceanfront Homes on the Beach purchased during February – May of 2015: their final purchase prices ranged from $4,000,000 – $19,000,000, with an average purchase price of $12,037,833 each.
- 7 Intracoastal front Homes purchased during January – June 3, 2015: their final purchase prices ranged from $1,900,000 – $5,950,000, with an average purchase price of $3,669,285 each.
- 19 Waterfront Homes located along Ocean Access Canals purchased during January – June 1, 2015: their final purchase prices ranged from $737,200 – $3,100,000, with an average purchase price of $1,405,343 each. The majority of Homes that sold are located in the Tropic Isle Community.
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