Gleneagles Condo V
Homes for Sale in Delray Beach, FL

Gleneagles Condo V market snapshot (as of July 15, 2026): the median sale price is about $325K ($185 per sq ft over the trailing 12 months of closed sales), and a median 45 days on market for closed sales. The trailing-12-month median is up 40% from the prior 12 months, computed from record-level Beaches MLS closed sales (9 closings in the current window).

Gleneagles Condo V offers condominium ownership in Delray Beach at a $325K median—a price point that has climbed nearly forty percent year-over-year as coastal Palm Beach inventory tightens and buyers shift focus to attached product.

The median of $325,000 and $185 per square foot marks Gleneagles V as one of the more accessible condo plays in Delray Beach, though that accessibility is relative—pricing has vaulted nearly forty percent in twelve months. The forty-five-day DOM indicates that well-presented units move, but not instantly; there is time to inspect mechanicals, review association financials, and understand what the monthly assessment covers.

Nine closings in the recent window is a narrow sample, but the pattern is consistent: units that show well and price to condition find buyers. The community itself lists no resort-style amenities in current MLS data, so your value proposition is location and cost of entry, not clubhouse or pool complex. Buyers here are prioritizing Delray proximity and the lower capital requirement of a condo over the full suite of amenities found in newer managed communities.

The market-heat score of 74 reflects sustained demand without the hair-on-fire urgency of bidding wars. Sellers hold modest pricing power, but a buyer with financing certainty and a sharp inspection can still negotiate. The risk is deferred capital expenditure—reserve studies and upcoming special assessments are the condominium variables that reset value overnight, so due diligence on association health is non-negotiable.

Condominium purchases hinge on documents most buyers never read—budget line items, reserve schedules, litigation history, rental-cap policies. Momentum agents pull and interpret association financials before you write an offer, flag deferred maintenance that will become your liability, and negotiate inspection repairs in a market where sellers have recently enjoyed pricing power. We know the difference between a well-run building and a ticking special-assessment clock, and we will tell you which one you are buying into.

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