Coastal House Condo - Delray Beach Florida - Market Report - 2013.

Coastal House Condo 2013 - Report 

Delray Beach - Florida 

 

The Wiener Lucena Global Group at RE/MAX Realty Pros has a network of buyers for you in the US and abroad in addition to our large network of local buyers right here in Florida. This is extremely important when you consider that in 2013, Florida accounted for the largest share of total U.S. residential home sales to international clients. Nearly all sales were cash and the median price paid by international buyers was significantly higher compared to the overall Florida median price paid.

We a proud to present the Sales Report for Coastal House Condo - Delray Beach- Florida. Again The Wiener Lucena Global Group was involve with the sale of the highest price sold per unit in the building.

All units Sold Coastal House Condo in 2013

Sold Date	Sold Price	Unit #
4/26/2013	400,000	1002
4/30/2013	410,000	908
5/1/2013	380000	701
6/10/2013	250,000	405
7/1/2013	220,000	604
7/15/2013	265,000	507
10/17/2013	300,000	905
11/7/2013	217,500	606
12/16/2013	240,000	505

* Wiener Lucena Global Realty Group sold units in 2013.

The market in General in Palm Beach County have a strong performance with median price increase 32.2% (table below).

Month supply of inventory reduced in from 6.9 months to 4.8 months or minus 36% 

We are in a Seller Market and is the best time to sell your condo  in the last 5 years.

Palm Beach County Condos Stats.

Q3 2013		Q3 2012		Percent Change Year-over-Year
Closed Sales	2,996		3,304		-9.3%
Cash Sales	2,237		2,600		-14.0%
New Pending Sales	4,047		3,795		6.6%
New Listings	5,201		4,840		7.5%
Median Sale Price	$115,000		$87,000		32.2%
Average Sale Price	$191,926		$154,657		24.1%
Median Days on Market	53		81		-34.6%
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, November 6, 2013. Next quarterly data release is TBD.