Lago Del Rey Condo
Homes for Sale in Delray Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Lago Del Rey Condo trades at a $206K median and $201 per square foot — among the most accessible waterfront-adjacent condo inventory in Delray Beach. At this price point you're buying condition and location, not luxury finishes. Thirteen closings in the trailing window and 56 days on market tell you this is a functional resale market, not a stalled one, but the 10.4% year-over-year decline signals sellers have had to meet the market.
For buyers, the value proposition is straightforward: Delray Beach address and walkability at a price that doesn't require a jumbo loan. For sellers, expect condition to drive your outcome more than list price; updates matter here, and days on market will stretch if you're not priced to the current comp set.
Lago Del Rey Condo right now
🔴 Off the recent peak. The trailing-12-month median ($206K) is down 10.4% from the prior 12 months ($230K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (13 and 9 sales in the two windows).
What's unique here: the median sale price is about 55% below the typical Palm Beach County sale ($206K vs $460K, trailing 12 months, Beaches MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lago Del Rey Condo market snapshot (as of July 15, 2026): the median sale price is about $206K ($201 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Beaches MLS closed sales (13 closings in the current window).
A no-frills condo community in Delray Beach delivering affordability and location over amenity packages or coastal views, appealing to buyers prioritizing price and proximity to downtown over resort-style living.
Who Lago Del Rey Condo is best for.
Best for
- Budget-focused buyers with a firm ceiling who want Delray Beach walkability and are comfortable renovating or living with older finishes
- Investors targeting affordable coastal-adjacent inventory willing to buy condition and hold through market cycles
- Downsizers exiting single-family maintenance who prioritize low monthly costs and location over amenity packages
Probably not for
- Buyers expecting turnkey interiors, stainless appliances, or recent renovations at this price point
- Anyone requiring shared amenities like a fitness center, resort-style pool, or updated common areas
- Buyers relying on rapid appreciation or expecting strong near-term equity gains in a declining price environment
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($206K) IS the median in the snapshot above, and the move from 2025 ($230K) IS the -10.4% one-year change.
Windows contain 1 to 16 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Lago Del Rey Condo buying strategy.
If we were buying in Lago Del Rey Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lago Del Rey Condo.
What the market posture tells you
Lago Del Rey Condo sits in a segment of the Delray Beach market where price is the headline and condition is the differentiator. The median of $206K reflects older inventory, often original finishes, where buyers trade cosmetic updates for a lower entry point into a city with otherwise climbing condo prices. The 56-day median time on market is neither fast nor frozen — it's a deliberate market where buyers compare condition across units and sellers who price ahead of comps sit longer.
The 10.4% year-over-year price decline is consistent with broader condo recalibration in Palm Beach County, where insurance, assessment concerns, and interest rate pressure have compressed demand at the lower end of the market. This is not a distressed community, but it is a price-sensitive one. Thirteen closings in the trailing window confirm there is real transaction volume, but velocity depends heavily on how a unit shows relative to recently closed comps.
No community amenities are identified in current MLS listings, which means you're buying a residence, not a lifestyle package. For some buyers that's exactly the point: no monthly assessment bloat for pools, gyms, or lobbies you won't use. For others it's a dealbreaker. Know which camp you're in before you tour.
The location and the amenities are priced into every listing in Lago Del Rey Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Lago Del Rey Condo rewards buyers who can read condition and price it accurately — and punishes sellers who list without a honest pre-market assessment. Momentum brokers walk units with you to surface deferred maintenance, compare finishes against active comps, and price your offer or listing to the reality of what's closing now, not what closed two years ago. In a market where condition drives outcome and days on market stretch when you're wrong, that ground-level honesty is the difference between a clean close and a price chase.
Lago Del Rey Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lago Del Rey Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lago Del Rey Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lago Del Rey Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lago Del Rey Condo home worth?
Get a no-obligation home value based on real comparable sales in Lago Del Rey Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Lago Del Rey Condo on the map →
Frequently Asked Questions
What is the median home price in Lago Del Rey Condo?
How long do homes in Lago Del Rey Condo take to sell?
Who is the best real estate agent for Lago Del Rey Condo?
How do I find a top Delray Beach real estate agent who knows Lago Del Rey Condo?
Can Momentum Realty connect me with an agent for Lago Del Rey Condo?
Should you buy in Lago Del Rey Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (139 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.