Valencia Real Estate Market Report | March 2025
By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
MARKET REPORT FOR THE VALENCIAS | MARCH 2025 Valencia Real Estate Market Report shows what transpired in each Valencia in Delray Beach, Boynton Beach and Lake Worth, Florida for the month.Although it has not officially been declared a buyer's market because interest rates have not gone down, we are in a buyer's market in south Florida. We continue to have more inventory than we've seen in a long time along with price reductions. 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.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 plays well for buyers. M...
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