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Appraisals
Delray Beach Florida Median Home Price Stats - updated 07/05/09
Average Listing Price
$714,284 - Down $7,045 - / -1.0% w-o-w
Week ending June 24

Median Sale Price
$95,000 - Down $80,000 - / -45.7% y-o-y

The median sales price for homes in Delray Beach FL was $95,000 down $80,000 or 45.7%.  There are 882
Pre-Foreclosures and 151 Bank Owned Properties in the Delray Beach market place as per RealtyTrac.com.

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www.FastFloridaAppraisals.com - Michael W. Bode
ValuTech Services
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Delray Beach Florida Market History
Delray Beach is a city in Palm Beach County, Florida, USA.

In recent years, Downtown Delray, located in the eastern part of the city, along Atlantic Avenue, east of I-95 and
stretching to the beach, has undergone a large scale renovation. This area is now home to several upscale
restaurants and several different assorted shops. Major driving factors in this renovation have been the business
brought to the area by the Delray Beach Tennis Center, which has hosted several major international tennis events
such as the April 2005 Fed Cup (USA vs. Belgium), the April 2004 Davis Cup (USA vs. Sweden), the Delray Beach
International Tennis Championships (ATP Event), and the Chris Evert / Bank of America Pro Celebrity. Concurrent
with the new construction of the Tennis Center, several local historic landmark structures were renovated during the
last decade of the 20th century.

Downtown Delray Beach is a retail, cultural and residential hub. The area offers a multitude of upscale restaurants,
retail, nightclubs, and art galleries. The city has a distinct pedestrian friendly atmosphere, which is aided by the
prevalence of parallel parking. In addition, there are many free municipal parking lots and garages. Recently, the new
Downtown Delray Gallery District along Atlantic Avenue was established that features some of the best galleries in
South Florida that have existed in Delray for more than 20 years along the Atlantic Avenue and who helped shaped
Delray Beach into an "Art Destination City"