Lakes of Delray Housing Market Report April 2025•Palm Beach County, Florida

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Housing Prices in Lakes of Delray, FL

How much do homes in Lakes of Delray, FL cost?

Housing Market Conditions

Is Lakes of Delray, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lakes of Delray is a Buyer's Market

Difference Since April 2024

At the same time last year, Lakes of Delray was a Seller's Market.

Insight

Lakes of Delray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$210,000$181/SqFt
-$22,000
-9.5%

Based on all homes sold in the last 12 months

Insight

Homes in Lakes of Delray have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in Lakes of Delray was $210,000 in April 2025, down 9.5% from last year, and the median price per square foot was $181.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Las Verdes
-2.8%
Lakes of Delray
-9.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$180K$103K
-42.8%
2$234K$213K
-9.0%
3-$175K
N/A
4--
N/A
5--
N/A

Summary: Lakes of Delray housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -42.8%. The home price for 2 bedroom homes decreased by -9.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Lakes of Delray, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lakes of Delray, FL

Housing supply in Lakes of Delray, FL

How many homes are available in Lakes of Delray, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
52Last MonthApr 2025
512 months agoMar 2025
+2.0 %
Change MoMMar – Apr

Summary: The Lakes of Delray real estate market had 52 homes for sale in Apr 2025, a 2.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
72 months agoMar 2025
-28.6 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
111
0.0%
25051
+2.0%
300
0.0%
400
0.0%
500
0.0%

Summary: Lakes of Delray housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +2.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lakes of Delray, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Lakes of Delray, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lakes of Delray in April 2025, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and and 20% were sold over asking.

Days on Market for Lakes of Delray, FL

How long does it take to sell a home in Lakes of Delray, FL?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

Most homes in Lakes of Delray are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 5 homes were sold in Lakes of Delray; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
90 DaysThis YearApr 2025
67 Days1 year agoApr 2024
+33.5 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Lakes of Delray had an average listing age of 90 days in Apr 2025, up by 33.5% compared to the previous year.

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Newest Listings in Lakes of Delray, FL

What homes are available in Lakes of Delray, FL?

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MLS Disclaimers and Copyright

Based on information from Beaches MLS, and Miami MLS for the period 05/01/2023 - 05/01/2025

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 4:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 4:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.