South Florida Market Report
Data-driven insights for Delray Beach, Boca Raton, and the surrounding luxury coastal communities. Let's look at the numbers. For a deeper dive, explore my Luxury Market Report or browse neighborhood-specific data.
Market Shifting Toward Balance
After the pandemic frenzy, both Delray Beach and Boca Raton are settling into a more normal rhythm. Longer days on market, growing inventory, and sale prices slightly below asking give buyers more leverage while still rewarding sellers who price realistically.
More Choices, More Time
Active inventory is climbing across both markets. Buyers now have the luxury of touring multiple options without the pressure of bidding wars on every property. For sellers, this means pricing matters more than ever.
Strategic Window for Investors
With prices stabilizing and more negotiating room, current conditions present a compelling entry point for long-term investors. Florida's population growth, no state income tax, and coastal desirability keep the long-term fundamentals strong.
Delray Beach Market Data
All property types, September 2026 (local MLS); single-family medians run well above this
Up from ~77 a year earlier; market cooling toward balance
Up from a year ago; more selection for buyers
All-types median, year over year; mix of what sells matters
Palm Beach County median, September 2026, up 8.8% YoY (BeachesMLS)
Median for houses, September 2026 (BeachesMLS)
Key Takeaway
Delray Beach has cooled toward a more balanced market. The all-property-type median sale price was about $399,700 in September 2026, roughly flat to slightly down year over year, while single-family medians run well above that figure. Homes are averaging about 81 days on market, up from around 77 a year earlier, and active inventory has grown to roughly 1,444 listings. That combination gives buyers real room to negotiate, while well-priced homes in desirable spots still sell. Luxury and waterfront neighborhoods remain the strongest segment, driven by limited inventory and cash buyers. For a street-by-street look at pricing and inventory east of I-95, my East Delray market data page has the full breakdown, and the complete East Delray Beach guide ties the neighborhoods together.
Boca Raton Market Data
September 2026, up ~24% from $935K a year earlier (BeachesMLS)
August 2026 (BeachesMLS); the softer segment
Median for sold houses in September; condos ~38 days
Early October; roughly 3 months of single-family supply
Reads as favoring buyers in the condo/townhouse segment
Share of house listings that have seen a price cut
Key Takeaway
Boca Raton's single-family market remains strong but price-sensitive. The single-family median sold price reached $1,162,500 in September 2026, up about 24% from $935,000 a year earlier, with sold houses taking a median 28 days to go under contract. At the same time, roughly 40% of house listings have seen a price cut, which tells you pricing matters more than ever. Condos and townhouses are the softer segment, sitting near 6.5 months of supply, which reads as favoring buyers. Well-priced homes still move; aspirationally priced homes sit and accumulate days on market.
What This Means For You
For Buyers
- You have more homes to choose from and more time to make a confident decision. Active inventory is up in both Delray Beach and Boca Raton.
- Condos and townhouses give you the most negotiating room, with supply near 6.5 months in Boca and the Delray market cooling toward balance.
- Mortgage rates averaged 7.28% for the week ending October 1, 2026 (Freddie Mac). Get your financing locked in and compare recent closed sales in your exact neighborhood. I am on your team. Let us look at the numbers together and find the right move for your situation.
For Sellers
- Pricing right from day one matters more than ever. Homes that sit on the market often need price adjustments, and buyers notice.
- Well-priced, well-presented homes in desirable areas still sell. The luxury and waterfront segments remain active with qualified, motivated buyers.
- This market rewards preparation. Staging, professional photography, and a strategic marketing plan are what separates a quick sale from a listing that lingers.
Every situation is different. Whether you are buying, selling, or just curious about your home's value, I would love to help you make sense of the numbers.
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These numbers tell a story, but your situation is unique. Reach out and I will walk you through what this market means for your specific goals.
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These market numbers give you the big picture, but your situation is unique. Let me walk you through what they mean for your specific plans, whether you're buying, selling, or investing in South Florida.