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Tropic Isle 2nd Sec Home Values and Market Report

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Report prepared by Movetowestpalmbeachfl.com Rommel Torres

Market at a glance

Over the last 12 months, homes sold for 94.1% of list price in 110 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.15M Sold · $3.08M
$11M$8M$5M$2M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Oct. Last month: 2.

Where the market stands

All homes in this report, by status.

14homes
Active5 · 36%
Under contract1 · 7%
Sold (12 mo)8 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$6.52M
Under contract$2.95M
Sold$3.91M

Average days on market

Active136 days
Under contract10 days
Sold110 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $6,517,000
Avg. days on market 136 days
Avg. price per ft² $1,569
Avg. living area 4,711 ft²
Avg. beds / baths 4.2 / 6.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$15M$10M$5M$0

Price vs. living area: 5 homes plotted, up to $15M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 5 homes in this status.

976 Banyan Drive$3,730
950 Cypress Drive$1,251
944 Cypress Drive$1,200
910 Banyan Drive$909
945 Cypress Drive$756

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
976 Banyan DriveDelray Beach, FL 33483 332,922$10,900,000$3,730164 days
944 Cypress DriveDelray Beach, FL 33483 596,243$7,495,000$1,200187 days
950 Cypress DriveDelray Beach, FL 33483 595,988$7,495,000$1,251187 days
945 Cypress DriveDelray Beach, FL 33483 576,209$4,700,000$756128 days
910 Banyan DriveDelray Beach, FL 33483 322,194$1,995,000$90912 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Movetowestpalmbeachfl.com Rommel Torres

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