Valencia Real Estate Market Report | February 2025

Valencia Real Estate Market Report shows what transpired in each Valencia in Delray Beach, Boynton Beach and Lake Worth, Florida for the month.

We have more inventory than we’ve seen in a very long time. There has been a lot of talk about insurance and homes needing new roofs, even more so since the hurricanes parts of Florida experienced in November.

If a home has a new roof or is in the process of getting a new roof – it takes time to get permits and order roof tiles – the home will usually sell faster. Of course, you still have to think about location and what the rest of the house looks like, but a roof is a big-ticket item. Many buyers would rather have it done than not done. There are also homes that don’t need roofs simply because they’re in the newer Valencias.

More inventory means more choices for buyers, more sales with contingencies and fewer, if any, multiple offers. Days on market have increased, and we’re seeing price reductions. All this his plays well for buyers. Many homes have been sitting for quite some time.

Read on to find out what went on in each Valencia community in southern Palm Beach County in November. Sales vary by community depending on the model, condition of the home, as well as amount of inventory in the community. There are homes still selling for close to asking or even asking price, but not near as many as we saw in the past few years, and there are homes selling at less than what sellers actually paid. It’s a mixed market.

WHAT ARE THE VALENCIAS

Located in southern Palm Beach County, FL, the Valencias are upscale, pet-friendly, 55+ gated communities full of amenities. Think camp for adults. 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, pickleball, clubs, cards, Canasta, MahJongg, arts and crafts, and an active lifestyle geared towards today’s baby boomers. The newer Valencias have restaurants, bars and indoor pickleball.

You can be as busy as you want or not. If you’re the type who goes in and out of your garage and never sees the inside of a clubhouse, that’s fine, too. Whatever makes you happy.

Valencia Real Estate Market Report for February 2025

This market report for the Valencias includes the 55+ gated communities in Delray Beach, Boynton Beach and Lake Worth which include: Valencia Lakes, Valencia Isles, Valencia Shores, Valencia Falls, Valencia Palms, Valencia Pointe, Valencia Reserve, Valencia Cove, Valencia Bay, Valencia Sound and Valencia Grand.

There are currently 11 Valencia communities in just our area of south Florida with another on the way. Palm Beach County is where the Valencia concept started and continues to grow.

Harvard Business Review says Having a Dog Can Save Your Heart – Literally – and I agree! So it’s wonderful 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 several pets (more than two), 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. Listings 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 you may have.

Same thing goes for fences. If you plan to fence your yard without a pool, find out if the community allows it. Not all Valencias allow fences.

WHICH VALENCIA SHOULD YOU GO TO

The past year has been one of change in real estate. From low inventory and higher prices, we are now seeing more inventory and price reductions. Although the market has softened, prices are still high, depending on which Valencia you’re looking in. Inventory varies from one community to the other for various reasons. The older Valencias have more homes for sale than the newer ones, and prices are more reasonable. It makes sense – it’s the cycle of life.

But, depending on your age, you have to think – can you wait? Maybe you can. And maybe you can’t, or maybe you don’t want to. You may be like some who think – If not now, when? That’s a decision only you can make.

Prices vary from one Valencia community to another.. Moderately-priced homes can be found in the older Valencias (well, not that old!) with prices that go way up in the newer communities. Buyers can still get a good deal on a house. Some of the homes in the older Valencias are approximately 15 years old.

SHOULD YOU GO DIRECT TO THE BUILDER

No. Absolutely not.

Why not? Great question!

Ask me the story about the memorial gardens, or read it here. Buying a house is not as easy as it seems.

Prices have gone up considerably in the past few years, especially in new construction. You’re looking at over a million dollars as a starting point to build a new home in Palm Beach County and that’s without the lot.

But there are a lot of great resale homes in other Valencia communities. Remember, we have 11 Valencia communities! You need a great Valencia Real Estate agent to help you find the best deals – someone who is working for you, not working for the builder, and not someone who is working for the seller to get them the highest price possible. You need a buyer’s agent.

Don’t make the mistake of going directly to the builder or listing agent alone.

Always take a buyer’s agent with you.

Why? Because 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 or noise or the lot, but an honest buyer’s agent will. Ask me about it!

Ask me about the stories! Oh, the stories I can tell after 30 years in this area!

How I called for a buyer to ask about the remaining lots. When I questioned the salesperson (mind you, I already knew the answer just from living here so long, but I wanted to hear what they would tell me) about the location of these remaining lots, I asked what was beyond the wall that the lot was next to.

The answer I got was, ” There are hedges and landscaping and then a wall.” And then, I asked? And the response was, “And then a canal and the memorial gardens.” Oh, I responded, you mean the cemetery? “Yes,” they responded, “the cemetery.”

Now, some people may not mind having a cemetery there, and that’s fine. After all, your neighbors are quiet. But don’t you think, as a buyer, you have a right to know?

I had to drag it out of them. It was like pulling teeth to get the answer.

I knew it was there, because I’d been to that cemetery and passed it many times through the years.

When you’re walking around looking at floor plans, lots, cabinets, colors, flooring, you’re not paying close attention when someone says “memorial gardens.”

C’mon…I’ve built two houses down here. I made the same mistakes, so I’m not talking as a Realtor – I’m talking from personal experience.

SHOULD YOU GO DIRECT TO THE LISTING AGENT

Again, no.

Listing agents have a contract and a fiduciary responsibility with the seller to get them the highest price possible.

How does that benefit you as a buyer? Simple. It doesn’t.

Yes, they can help you, and they’re more than willing to.

Why? Because they can make more money without working for you, the buyer.

Sure, they’ll write up the contract, but they’re not working for you.

They’re working for the seller. Remember that.

Make sense now?

If you think about it: How can they get you, the buyer, the best deal?

The answer is simple: They can’t. Especially with the new laws that came into effect in August of this year in real estate. The national laws.

Call me – I’m happy to explain.

Caveat Emptor! Buyer Beware!

WHAT HAPPENED IN THE VALENCIA IN PALM BEACH COUNTY IN FEBRUARY 2025

There are currently 134 homes for sale in the Valencias in Delray, Boynton and Lake Worth. 57 homes are under contract. So there are a good amount of homes for sale, and a good number of those homes are under contract.

Let’s see how it breaks down by community.

View All Homes for Sale in the Valencias

Valencia Real Estate Market Update for February breaks down like this:

VALENCIA LAKES MARKET REPORT

Valencia Lakes had 10 homes that closed in February. The average sold price of the homes was $ 632,950.. Homes sold for an average of .96% of asking price. Average days on market was 102.

There are 23 homes listed for sale in the community ranging in price from $ 409,000 to $ 1,100,000 with an average of 122 days on market.

Valencia Lakes is the original Valencia – the first to be built.

There are 10 homes under contract in Valencia Lakes at this time.

View All Homes for Sale in Valencia Lakes

VALENCIA ISLES MARKET REPORT

Valencia Isles had 6 homes that closed in February The homes sold for an average of $ 561,667. They sold for an average of 97% of asking price and average days on market is 165.

There are 15 homes for sale in Valencia Isles ranging in price from $ 425,000 to $ 995,000. Average days on market is 84.

There is one home under contract in Valencia Isles at this time.

View All Homes for Sale in Valencia Isles

VALENCIA SHORES MARKET REPORT

Valencia Shores had 8 homes that closed in February. Average sold price of the homes was $589,625. Houses sold for an average of .97% of asking price. Average days on market was 123.

There are 25 homes for sale in Valencia Shores ranging in price from $ 399,900 to $ 799,000. Average days on market is 103.

There are 7 homes under contract in Valencia Shores at this time.

View All Homes for Sale in Valencia Shores

VALENCIA FALLS MARKET REPORT

Valencia Falls had 5 homes that closed in February. Average sold price of the homes was $ 674,900. Houses sold for an average of .96% of asking price. Average days on market was 77.

There are 19 homes for sale in Valencia Falls. They range in price from $ 420,000 to $ 725,000. Average days on market is 64.

There are 6 homes under contract in Valencia Falls at this time.

View All Homes for Sale in Valencia Falls

VALENCIA PALMS MARKET REPORT

Valencia Palms had 3 homes that closed in February. Average sold price of the homes was $ 711,667, 93% of asking price. Average days on market was 46.

There are 6 homes for sale in Valencia Palms ranging in price from $ 545,000 to $ 1,049,000. Average days on market is 162.

There are 8 homes under contract in Valencia Palms at this time.

View All Homes for Sale in Valencia Palms

VALENCIA POINTE MARKET REPORT

Valencia Pointe had 9 homes that closed in February. Average sold price of the homes was $ 680,000, .96% of asking price. Average days on market was 93.

There are 15 homes for sale in Valencia Pointe. The homes range in price from $ 449,900 to $ 1,099,000. Average days on market is 125.

There are 2 homes under contract in Valencia Pointe at this time.

View All Homes for Sale in Valencia Pointe

VALENCIA RESERVE MARKET REPORT

Valencia Reserve had 7 homes that closed in February. Average sold price of the homes was $ 719,571. The homes sold for .94% of asking price. Average days on market was 121.

There are 11 homes for sale in Valencia Reserve. They range in price from $ 600,000 to $ 1,095,000. Average days on market is 122.

There are 7 homes under contract in Valencia Reserve at this time.

View All Homes for Sale in Valencia Reserve

VALENCIA COVE MARKET REPORT

Valencia Cove had 5 homes that closed in February. Average sold price of the homes was $ 933,200. Homes sold for 96% of asking price. Average days on market was 103.

There are currently 6 homes for sale in Valencia Cove. They range in price from $ 699,999 to $ 955,000. Average days on market is 124.

There are 5 homes under contract in Valencia Cove at this time.

View All Homes for Sale in Valencia Cove

VALENCIA BAY MARKET REPORT

Valencia Bay had 3 homes that closed in February. Average sold price of the homes was $ 1,199,167. Homes sold for 95% of asking price. Average days on market was 25.

There are 2 homes for sale in Valencia Bay ranging in price $ 675,000 to $ 849,999. Average days on market is 185.

There are 4 homes under contract in Valencia Bay at this time.

View All Homes for Sale in Valencia Bay

VALENCIA SOUND MARKET REPORT

Valencia Sound had 6 homes that closed in February. Average sold price of the homes was $ 1,203,833. Homes sold for 97% of asking price. Average days on market was 58.

There are 2 homes for sale in Valencia Sound. The homes range in price from $ 824,900 to $ 2,275,000. Average days on market is 113.

There are 6 homes under contract in Valencia Sound at this time.

View All Homes for Sale in Valencia Sound

VALENCIA GRAND MARKET REPORT

Valencia Grand had 3 homes that closed in February. Average sold price of the homes was $ 1,266,000, 97% of asking price. Average days on market was 65.

There are 4 homes for sale in Valencia Grand. Prices of the homes range from $ 1,124,900 to $ 2,495,000. Average days on market is 75.

There are 3 homes under contract in Valencia Grand at this time.

Valencia Grand is the newest of the 11 Valencia communities built in Boynton Beach.
*** Note – It’s sometimes hard to tell exact days on market as listings get canceled and relisted. They’re not supposed to, but it does happen. That’s when we need to dig deeper to pull the actual history.

View All Homes for Sale in Valencia Grand

NEW CONSTRUCTION

They have just begun Valencia Del Mar in Boynton Beach. With higher interest rates, some builders are offering incentives on their rates. And in this area of south Florida, there are very few new construction homes, 55+ or otherwise..

SHOULD YOU GO DIRECTLY TO THE BUILDER?

Should you go directly to the builder? NO! Definitely not!

Taking a buyer’s agent with you is the smart thing to do as they have experience in many things you may not be aware of.

An accredited buyer’s agent – not someone who claims to be. I can help you with new construction as well as resales in any of the Valencia communities or any other community.

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. The listing agent works for the seller, as it should be.

Take a few moments and read that article.

So why not take someone with you who can help you, the buyer?

Things to Think About

After reading this edition of the Market Report for the Valencias, there are some things to consider if you’re planning to build a house.

I’ve built two homes, but times are different today. We weren’t dealing with record high inflation, as we are today.

In my opinion, while building a 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’s 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 resales are just a year or two old. That’s practically a new house.

Some people only want new, and that’s fine. Just know upfront what you’re getting involved in.

And some resales are so new, they’ve never been lived in.

Quick delivery is an option with builders. That means the house is either ready to be sold now or it will be soon. Permits are in, the house is in some soon-to-be-completed or completed stage, and the builder wants it sold. This is a good option as you know exactly what you’re getting. You still need a buyer’s agent.

And for my pet lovers, if you have a certain breed of dog, check which Valencia will accept your furry friend Same thing goes for number of pets you may have and fences. 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. And not all Valencias allow fences.

[button size=”large” newtab=”true” color=”#1d86ba” url=”https://buysellhomesbocaraton.com/contact/”]Have a question? Go on! Ask Me![/button]

Please feel free to reach out to me at (561) 716-7824 so we can talk about your personal housing needs and any questions you may have about the housing market. We can also discuss how local market conditions can affect your buying and selling needs and plans. Then we’ll 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.

Map of the Valencias in Boynton Beach, Delray Beach & Lake Worth

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