Delray Summit Condo
Homes for Sale in Delray Beach, FL

Delray Summit Condo market snapshot (as of July 15, 2026): the median sale price is about $1.03M ($720 per sq ft over the trailing 12 months of closed sales), and a median 5 days on market for closed sales.

Delray Summit Condo is a luxury condominium asset in Delray Beach with a million-dollar-plus median and single-digit market time, indicating constrained supply and buyer urgency in a premium segment.

Four closings and a median four-and-a-half days on market is an extraordinary turnover rate, and it tells you more about scarcity than it does about market euphoria. In a building or a very small condo community, inventory events are rare; when a unit does come available, the pool of interested buyers—often people who have been waiting or watching—moves immediately. You are not looking at a neighborhood with rows of comparable listings; you are looking at a finite asset where the next opportunity may not surface for months.

The $1,032,500 median price and $720 per square foot position this firmly in Delray Beach's luxury tier. At that price point and that speed, condition is everything: a pristine unit with desirable exposure or floor plan will transact in days, while a dated interior or less-desirable view may linger despite the address. The per-foot figure suggests either newer construction, a building with robust amenities, or a location—beachfront, Intracoastal, walkable Atlantic Avenue corridor—that commands the premium. With no community amenity detail surfacing in MLS data, the value proposition likely resides in the building itself or the immediate Delray Beach location advantages.

For sellers, the data supports list-price confidence, but also discipline: in a market this tight, overpricing by even five percent can cost you the one or two serious buyers in the current cycle. For buyers, expect competition, expect backup-offer scenarios, and know that due diligence timelines will be compressed. If you need extensive inspection contingencies or long closing windows, this may not be your market. The velocity here rewards decisiveness and clean contract terms.

Delray Summit Condo sits in a hyper-responsive luxury segment where days matter and comparables are thin. Momentum Realty brings you direct MLS intelligence, pricing discipline grounded in per-foot and turnover reality, and the honest counsel to know when a unit is worth the premium or when you should wait for the next listing. We work the Palm Beach County condo market daily; we know how to position an offer in a four-day cycle and how to price a listing so it captures the scarcity value without leaving money on the table. If you are buying or selling here, you need a brokerage that understands velocity and knows when to move.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.