Real estate market data for the Valencias in Delray Beach, Boynton Beach and Lake Worth, FL provided by Elyse Berman of Realty Associates Florida Properties.
The Valencias Real Estate Market Report for December 2016 includes the 55+ gated communities of Valencia Lakes, Valencia Isles, Valencia Shores, Valencia Falls, Valencia Palms, Valencia Pointe, Valencia Reserve and Valencia Cove.
These 55+ gated communities in Delray Beach, Boynton Beach and Lake Worth are upscale luxury communities with state-of-the-art fitness centers, grand clubhouses with pools, card rooms, cafes, social events, clubs and an active lifestyle geared towards today’s baby boomers. You can be as busy as you want.
The Valencias are pet-friendly communities in Delray Beach, Boynton Beach and Lake Worth FL.
There is a good supply of inventory in the Valencias at this time, both resales and quick delivery. Prices vary from community to community but, in my opinion, you can still get a great deal. The builder has raised prices considerably, but there are a lot of great resale homes in existing Valencia communities. You need a great agent to help you find the best deals, someone who is on your side.
There are currently 169 total homes for sale in the Valencias, slightly up from last month. As of December 31, 2016, there were 44 homes under contract, one more than the prior month.
It breaks down like this:
HOMES FOR SALE IN THE VALENCIAS
Valencia Lakes had 3 homes sold in December. Average list price of the home was $ 334,332. Average sold price for the homes was $ 316,667. Average days on market was 60. Days on market was down considerably from last month. There are 47 homes presently under contract.
Valencia Isles had 5 homes sold in December. Average list price of the homes was $ 434,340. Average sold price for the homes was $ 420,300. Average days on market was 55. There are 2 homes presently under contract.
Valencia Shores had 3 homes sold in December. Average list price of the homes was $ 424,600. Average sold price for the homes was $ 404,917. Average days on market was 80. Days on market dropped considerably this month in Valencia Shores. There are no homes presently under contract.
Valencia Falls had 2 homes sold in December. Average list price of the home was $ 529,500. Average sold price of the home was $ 517,500. Average days on market was 6. There was a drastic drop in days on market in this community. There are 4 homes presently under contract in Valencia Falls.
Valencia Palms had 1 home sold in December. Average list price of the home was $ 995,000. Average sold price of the home was $ 950,000. Average days on market was 239, up considerably from last month. There are 7 homes presently under contract in Valencia Palms.
Valencia Pointe had no homes sold in December. There are 2 homes presently under contract in Valencia Pointe.
Valencia Reserve had 1 home sold in December. Average list price of the home was $ 675,000. Average sold price of the home was $ 647,500. There are 7 homes presently under contract in Valencia Reserve.
Valencia Cove had 7 homes sold in December. Average list price of the homes was $ 592,186. Average sold price of the homes was $ 591,294. Average days on market was 180. There are 20 homes presently under contract.
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All information was obtained from the Multiple Listing Service and sold by various MLS participants.
It is deemed accurate but not guaranteed or warranted. This report does not include any private sales.
Note: Sales vary by community. This is often as a result of a particular model home sold. For example, they may have sold a 1500-square-foot home one month and a 2700-square-foot home the following month, thereby accounting for the price differential. The Valencias in Delray Beach, Boynton Beach and Lake Worth remain one of our top luxury active adult communities.