Market Report for the Valencias | Boynton Beach FL – Feb 2018

Real Estate Statistics for the Valencias | Boynton Beach FL – Feb 2018

The “Valencias” as they’re commonly referred to, are 55+ communities in Delray Beach, Boynton Beach and Lake Worth, Florida. Located in Palm Beach County, these upscale 55+ guard-gated communities have state-of-the-art fitness centers, grand clubhouses with pools, card rooms, cafes for breakfast and lunch, social events, billiards, clubs, arts and crafts, and an active lifestyle geared towards today’s baby boomers. You can be as busy as you want. It’s like camp for adults!

Market Report for the Valencias – Feb 2018

This real estate market report includes the 55+ gated communities of Valencia Lakes, Valencia Isles, Valencia Shores, Valencia Falls, Valencia Palms, Valencia Pointe, Valencia Reserve, Valencia Cove and Valencia Bay.

The Valencias are pet-friendly communities in Delray Beach,
Boynton Beach and Lake Worth, Florida.

There is a good supply of inventory in the Valencias at this time, both resales and quick delivery houses. Prices do vary from community to community but, in my opinion, you can still get a great deal if you’re not too picky. If you’re willing to take a resale versus new, you will do better. Some of the houses in the Valencias are 10 years old.

The builder has raised prices considerably in the past several years, but there are a lot of great resale homes in the Valencia communities that are fairly new. You need a great agent to help you find the best deals, someone who is on your side, not the builder’s side or the seller’s side. Don’t make the mistake of going directly to the builder or listing agent.

There are currently 131 homes for sale in the Valencias, down from same time last year. As of February 28, 2018, there were 78 homes under contract. It breaks down like this:

HOMES FOR SALE IN THE VALENCIAS

Valencia Lakes had 3 homes closed in February. Average list price of houses was $ 317,967. Average sold price for the homes was $ 309,167. Houses are selling for an average of .97% of asking price. Average days on market was 160. There are 11 houses presently under contract in Valencia Lakes.

SEARCH HOMES FOR SALE IN VALENCIA LAKES

Valencia Isles had 5 homes closed in February. Average list price of houses was $ 374,500. Average sold price for homes was $ 370,300. Houses are selling for an average of .99% of asking price. Average days on market was 16. There are 5 houses presently under contract in Valencia Isles.

SEARCH HOMES FOR SALE IN VALENCIA ISLES

Valencia Shores had 4 homes closed in February. Average list price of the homes was $ 508,472. Average sold price for the homes was $ 478,750. Houses are selling for an average of .94% of asking price. Average days on market was 158. There are 9 houses presently under contract in Valencia Shores.

SEARCH HOMES FOR SALE IN VALENCIA SHORES

Valencia Falls had 1 house closed in February. Average list price of the home was $ 445,000. Average sold price of the home was $ 435,000. House sold for .98% of asking price. Average days on market was 215. There are 13 houses presently under contract in Valencia Falls.

SEARCH HOMES FOR SALE IN VALENCIA FALLS

Valencia Palms had 3 houses sold in February. Average list price of the homes was $ 585,000. Average sold price of the home was $ 576,667. Houses sold for an average .99% of asking price. Average days on market was 109. There are 3 houses presently under contract in Valencia Palms.

SEARCH HOMES FOR SALE IN VALENCIA PALMS

Valencia Pointe had 2 houses closed in February. Average list price of the houses was $ 324,000. Average sold price of the homes was $ 405,500. Houses sold for an average of .94% of asking price. Average days on market was 100. There are 8 houses presently under contract in Valencia Pointe.

SEARCH HOMES FOR SALE IN VALENCIA POINTE

Valencia Reserve had 2 houses sold in February. Average list price of the home was $ 604,000. Average sold price of houses was $ 587,500. Houses sold for an average of .97% of asking price. Average days on market was 161. There are 14 houses presently under contract in Valencia Reserve. Wow!

SEARCH HOMES FOR SALE IN VALENCIA RESERVE

Valencia Cove had 3 houses sold in February. Average list price of the homes was $ 546,933. Average sold price of the homes was $ 540,633. Houses sold for an average .99% of asking price. Average days on market was 28. There are 6 homes presently under contract in Valencia Cove.

SEARCH HOMES FOR SALE IN VALENCIA COVE

Valencia Bay had 3 houses that sold in February. Average list price of houses was $ 665,733. Average sold price of houses was $ 664,233. Houses sold for an average 100% of asking price. Average days on market was 154. There are 11 houses presently under contract in Valencia Bay.

SEARCH HOMES FOR SALE IN VALENCIA BAY

Have a question? Go on, Ask Me!

Interested in new construction in Valencia Bay? You need a buyer’s agent – free to you! I can help you with new construction! You need someone on YOUR side. The builder is not on your side, nor is the listing agent on that sign.

For more information about 55+ pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me.

I can be reached at (561) 716-7824, by text or email at Elyse@ElyseBerman.com.