Market report for the Valencias August 2022 shows closed sales in Delray Beach, Boynton Beach and Lake Worth, Florida. You can read what went on in each Valencia community in Boynton Beach, Delray Beach and Lake Worth.
We have seen a slowdown, a shift, in the past few months from a strong seller’s market to a more balanced market. There has been an increase in inventory. More inventory means more choice for buyers, more sales with contingencies and fewer, if any, multiple offers. Days on market has increased.
Read what went on in each Valencia community in Boynton Beach, Delray Beach and Lake Worth.
Located in southern Palm Beach County, FL, the Valencias are upscale, pet-friendly 55+ gated communities. Each community has a state-of-the-art fitness center, grand clubhouse with pools, social halls, card rooms, cafes for breakfast and lunch, social events, billiards, tennis, pickle ball, clubs, arts and crafts, and an active lifestyle geared towards today’s baby boomers. You can be as busy as you want or not. It’s like camp for adults!
Market Report for 55+ Valencia Communities
This market report for the Valencias includes the 55+ gated communities in Delray Beach, Boynton Beach and Lake Worth which are: Valencia Lakes, Valencia Isles, Valencia Shores, Valencia Falls, Valencia Palms, Valencia Pointe, Valencia Reserve, Valencia Cove, Valencia Bay and Valencia Sound. There are currently 10 completed Valencia communities with another Valencia, being built now.
Harvard Business Review says Having a Dog Can Save Your Heart – Literally – and I agree! So it’s a good thing the Valencias are 55+ pet friendly gated communities in Delray Beach,
Boynton Beach and Lake Worth, Florida
Caution: If you think you may have a breed-restricted dog or a few pets, check the particular Valencia you’re interested in first. Do your due diligence. Don’t rely on what someone told you or what the listings say. They are often wrong. Find out from the source. Because while the Valencias are pet-friendly, they may not be pet friendly to all breeds and number of pets.
The past year has been complex in real estate. There has been very low inventory and prices have gone up. Although the market has softened, prices are still up. We are now seeing more inventory, which is great. Days on market are up too. Read on and you will see.
Prices do vary from one Valencia community to another.. Lower pricing can be found in the older Valencias (well, not that old!) and they go way up. There is also more inventory to be had in the older Valencias, as it’s the cycle of life. In my opinion, you can still get a great deal if you’re not looking for new and willing to do some work. If you’re willing to take a resale versus new, you will do much better on price, taxes and probably location, too. Some of the houses in the older Valencias are barely 10-15 years old.
Buyer Beware
The builder has raised prices considerably the past several years, but there are a lot of great resale homes in other Valencia communities. You need a great Valencia Real Estate 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 alone. Always take a buyer’s agent with you. Reason? Builders’ sales people don’t care which community you buy in or what lot you buy. They’re not going to tell you about traffic and noise, but an honest buyer’s agent will.
And listing agents have a contract with the seller to get them the highest price possible. So how does that benefit you, the buyer? Simple. It doesn’t. Yes, they can help you and they’re willing to. Why? Because it allows them to collect a double commission without working for you, the buyer. Make sense now? If you think about it: How can they get you, the buyer, the best deal? The answer is simply, they can’t. They have a fiduciary responsibility to the seller. Caveat Emptor! Buyer Beware!
So, let’s get on with what happened in August.
There are currently 38 homes for sale in the Valencias. That’s almost double the amount there was at the end of May. Currently, there are 44 homes under contract.
10584 Richfield Way Boynton Beach, Florida
3 Beds 3 Baths 2,215 SqFt
181 Valencia H Delray Beach, Florida
2 Beds 2 Baths 883 SqFt
10696 Stone Garden Drive Boynton Beach, Florida
3 Beds 2 Baths 1,528 SqFt
7318 Kahana Drive Boynton Beach, Florida
3 Beds 2 Baths 1,894 SqFt
View All Homes for Sale in the Valencias
Valencia Market Report for August 2022 breaks down like this:
MARKET REPORT FOR VALENCIA LAKES
Valencia Lakes had 6 homes that closed in August. Average list price of houses was $ 622,317. Average sold price for the homes was $ 598,167. Houses are selling for an average of .96% of the asking price. That was the average. There were homes that still sold for asking price, as well as others that sold for .92% of asking price.
Average days on market was 31.
There are currently 7 homes for sale in Valencia Lakes, and 7 houses are under contract.
7627 San Carlos Street Boynton Beach, Florida
3 Beds 2 Baths 2,097 SqFt
7548 San Pedro Street Boynton Beach, Florida
3 Beds 2 Baths 2,097 SqFt
11311 Barca Blvd Boynton Beach, Florida
4 Beds 3 Baths 2,616 SqFt
11662 Pamplona Boulevard Boynton Beach, Florida
3 Beds 2 Baths 2,327 SqFt
View All Homes for Sale in Valencia Lakes
MARKET REPORT FOR VALENCIA ISLES
Valencia Isles had 6 homes that closed in August. Average list price of houses was $ 553,650. Average sold price for homes was $ 549,483. Houses are selling for an average of .99% of asking price. That was the average. There were homes that sold for 1.03% over the asking price, as well as homes that sold for .91% of asking price.
Average days on market was 21.
There are currently 8 homes for sale in Valencia Isles, and 6 homes are under contract.
7318 Kahana Drive Boynton Beach, Florida
3 Beds 2 Baths 1,894 SqFt
11165 Kapalua Way Boynton Beach, Florida
3 Beds 2 Baths 2,081 SqFt
6841 Molakai Circle Boynton Beach, Florida
3 Beds 3 Baths 2,640 SqFt
7270 Lahana Circle Boynton Beach, Florida
4 Beds 3 Baths 2,648 SqFt
View All Homes for Sale in Valencia Isles
MARKET REPORT FOR VALENCIA SHORES
Valencia Shores had 7 homes that closed in August. Average list price of the homes was $ 612,714 Average sold price for the homes was $ 603,857. Houses are selling for an average of .99% of asking price. Again, that was the average. They went as high as 1.03% over the asking price while some homes still sold for .94% of asking price.
Average days on market was 24.
There are currently 2 homes for sale in Valencia Shores, and 8 homes are under contract.
7814 Bonita Villa Bay Lake Worth, Florida
3 Beds 3 Baths 2,320 SqFt
7792 Royal Lace Terrace Lake Worth, Florida
3 Beds 3 Baths 2,347 SqFt
8804 Palm River Drive Lake Worth, Florida
3 Beds 3 Baths 2,346 SqFt
9888 Chantilly Point Lane Lake Worth, Florida
3 Beds 3 Baths 2,347 SqFt
View All Homes for Sale in Valencia Shores
MARKET REPORT FOR VALENCIA FALLS
Valencia Falls had 1 home that closed in August.. The home was listed for $ 850,000 and sold for $ 850,000. It sold for the asking price. Days on market was 6.
There are currently 9 homes for sale in Valencia Falls, and 5 homes are under contract.
7482 W Mercada Way Delray Beach, Florida
3 Beds 2 Baths 1,765 SqFt
13142 Alhambra Lake Circle Delray Beach, Florida
3 Beds 3 Baths 2,434 SqFt
7403 W Mercada Way Delray Beach, Florida
3 Beds 2 Baths 1,765 SqFt
13576 Morocca Lake Lane Delray Beach, Florida
3 Beds 2 Baths 2,099 SqFt
View All Homes for Sale in Valencia Falls
MARKET REPORT FOR VALENCIA PALMS
Valencia Palms had 1 home that closed in August. The home was listed at $ 985,000. It sold for $ 975,000, .99% of asking price. Days on market was 7.
There are currently no homes for sale in Valencia Palms, and 3 homes under contract.
9736 Baywood Park Lane Delray Beach, Florida
3 Beds 3 Baths 2,746 SqFt
6684 Dana Point Cove Delray Beach, Florida
3 Beds 3 Baths 2,752 SqFt
13714 Cambria Bay Lane Delray Beach, Florida
3 Beds 2 Baths 1,670 SqFt
View All Homes for Sale in Valencia Palms
MARKET REPORT FOR VALENCIA POINTE
Valencia Pointe had 4 homes that closed in August. Average list price of the homes was $ 705,750. Average sold price of the homes was $ 707,500. The homes sold for an average of the asking price. They went as high as 1.03% over the asking price and as low as .96% of asking price.
Average days on market was 38.
There are currently 4 homes for sale in Valencia Pointe, and 4 homes under contract.
10584 Richfield Way Boynton Beach, Florida
3 Beds 3 Baths 2,215 SqFt
7005 Springville Cv Boynton Beach, Florida
4 Beds 3 Baths 2,861 SqFt
7047 Springville Cove Boynton Beach, Florida
4 Beds 3 Baths 2,742 SqFt
6998 Great Falls Circle Boynton Beach, Florida
3 Beds 3 Baths 2,477 SqFt
View All Homes for Sale in Valencia Pointe
MARKET REPORT FOR VALENCIA RESERVE
Valencia Reserve had 1 home that closed in August.. The home was listed at $ 999,000. It sold for $ 950,000, .95% of asking price. Days on market was 9.
There is currently 1 homes for sale in Valencia Reserve, and 4 homes under contract.
10696 Stone Garden Drive Boynton Beach, Florida
3 Beds 2 Baths 1,528 SqFt
9633 Edengrove Court Boynton Beach, Florida
3 Beds 2 Baths 1,528 SqFt
9867 Bluefield Drive Boynton Beach, Florida
4 Beds 3 Baths 2,678 SqFt
View All Homes for Sale in Valencia Reserve
MARKET REPORT FOR VALENCIA COVE
Valencia Cove had 3 homes that closed in May. Average list price of the homes was $ 808,333. Average sold price of the homes was $ 785,000. Homes sold for an average .98% of asking price. Again, this was the average. They went as high as .99% over the asking price and as low as .96% of asking.
Average days on market was 17.
There are currently 3 homes for sale in Valencia Cove, and 6 homes under contract.
12012 Glacier Bay Drive Boynton Beach, Florida
3 Beds 3 Baths 3,258 SqFt
8217 Razorback Court Boynton Beach, Florida
2 Beds 3 Baths 2,513 SqFt
8715 Carmel Mountain Way Boynton Beach, Florida
3 Beds 2 Baths 1,526 SqFt
8656 Carmel Mountain Way Boynton Beach, Florida
3 Beds 2 Baths 1,994 SqFt
View All Homes for Sale in Valencia Cove
MARKET REPORT FOR VALENCIA BAY
Valencia Bay had 1 home that closed in August. The home was listed at $ 1,650,000. It sold for $ 1,600,000. It. sold for .97% of asking price. Days on market was 5.
There are currently 3 homes for sale in Valencia Bay, and 1 home under contract
8514 Julian Alps Lane Boynton Beach, Florida
3 Beds 3 Baths 2,309 SqFt
12601 Copper Mountain Pass Boynton Beach, Florida
3 Beds 3 Baths 2,309 SqFt
12542 Crested Butte Avenue Boynton Beach, Florida
3 Beds 3 Baths 2,147 SqFt
8228 Arabian Range Road Boynton Beach, Florida
3 Beds 3 Baths 2,214 SqFt
View All Homes for Sale in Valencia Bay
MARKET REPORT FOR VALENCIA SOUND
Valencia Sound had 2 homes that closed in August. Average list price of the homes was $ 1,337,000. Average sold price of the homes was $ 1,440,000. Homes sold for an average 1.07 % over the asking price. This was the average. There were homes that sold for 1.14% over asking price, as well. Average days on market was 2.
Currently, there is 1 home for sale in Valencia Sound. No homes are under contract.
12686 Parrot Pond Road Boynton Beach, Florida
4 Beds 3 Baths 2,166 SqFt
12630 New Caladonia Lane Boynton Beach, Florida
3 Beds 2 Baths 2,331 SqFt
9912 Pecorino Isle Boynton Beach, Florida
3 Beds 3 Baths 2,625 SqFt
9960 Pecorino Isle Boynton Beach, Florida
3 Beds 4 Baths 2,735 SqFt
View All Homes for Sale in Valencia Sound
New Construction
Interested in new construction? You need a buyer’s agent – Free to you! Builders do not negotiate on their homes. You may as well take a Buyer’s Agent with you – it’s free to you and may save you some money or offer some great suggestions. A real buyer’s agent – not someone who claims to be. I can help you with new construction as well as resales in Valencia.
You need someone on YOUR side. The builder is not on your side. The nice sales people in the office are not on your side – they are there to sell houses. Neither is the listing agent on the sign on your side. Take a few moments and read that article.
In today’s world of new construction, you have to deal with lotteries and consider when your house will be built. I’ve built two homes, but times are different. We weren’t dealing with supply chain issues, as we are today. In my opinion, while a new house is nice, it’s also nice to know when it will be done and what the final cost will be. With a resale – even if it is just a few years old, it’s something tangible. You can see it, feel it and touch it. You know what you’re getting. Make sense? Some people only want new, and that’s fine. Just know what you’re dealing with upfront.
If you have a certain breed of dog, check which Valencia will accept him or her. Same thing goes for number of pets. Buyer Beware! Not every Valencia may be dog friendly to your specific breed of dog or two or three. Some have changed their pet restrictions through the years.
Have a question? Go on! Ask Me!
Please feel free to reach out to me at (561) 716-7824 so we can talk about your personal housing needs and questions you have about the housing market. We’ll also discuss how local market conditions can affect your buying and selling needs and plans. Then we can create a strategy to buy and/or sell your Valencia home.
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.
Related Dog and Pet friendly articles:
- 9 Best Pet Friendly 55+ Communities in Delray, Boynton Beach FL
- Pet friendly condos in Boca Raton and Highland Beach
- Pet friendly gated communities in Boca Raton
- Pet friendly 55+ Active Adult Communities in Delray Beach
- Must See 55+ Villas in Boynton Beach, Florida
Real estate market data for the Market Report for the Valencias in Delray Beach, Boynton Beach and Lake Worth, FL provided by Elyse Berman of Best Connections Realty Inc. All information was obtained from the Multiple Listing Service and sold by various MLS participants. The information is not guaranteed or warranted.
Map of the Valencias in Boynton Beach, Delray Beach & Lake Worth