Palm Greens At Villa Del Ray Condo I
Homes for Sale in Delray Beach, FL
True comps, carrying-cost math, and listings before the portals.
Palm Greens at Villa Del Ray Condo I sits in Delray Beach's broader condo market where price is entirely condition-driven. The $216K median and $176.90/sq ft reflect a segment of older, smaller units that trade on location value rather than modern finishes. At 22 days median, this is a price tier that clears quickly when an owner prices to the market.
Year-over-year pricing is nearly flat—down 0.9 percent—which in a three-sale window means the market is stable but not climbing. Sellers who expect pre-pandemic valuations will sit; buyers willing to accept dated interiors and original infrastructure are rewarded with Delray Beach access at a significantly lower median than newer developments.
Palm Greens At Villa Del Ray Condo I right now
🟡 Off the recent peak. The trailing-12-month median ($216K) is down 0.9% from the prior 12 months ($218K). With about 2 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: Low (3 and 3 sales in the two windows).
What's unique here: the median sale price is about 53% below the typical Palm Beach County sale ($216K vs $460K, trailing 12 months, Beaches MLS records).
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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
Palm Greens At Villa Del Ray Condo I market snapshot (as of July 15, 2026): the median sale price is about $216K ($177 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Beaches MLS closed sales (3 closings in the current window).
Palm Greens at Villa Del Ray Condo I is an older Delray Beach condominium community where median pricing reflects original condition and modest square footage rather than resort-style amenity packages or recent renovation.
Who Palm Greens At Villa Del Ray Condo I is best for.
Best for
- First-time buyers prioritizing basis over finishes and comfortable with sweat equity or gradual upgrades
- Long-term investors seeking cash-flow rental units in Delray Beach with lower acquisition cost and manageable cap-ex timelines
- Downsizers or retirees who value location over resort amenities and plan to renovate selectively on their own schedule
Probably not for
- Buyers expecting move-in-ready luxury or contemporary building systems without additional capital outlay
- Anyone without reserves for special assessments or deferred building-envelope and mechanical repairs
- Investors modeling appreciation-driven returns in a segment where pricing has been flat year-over-year
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 ($216K) IS the median in the snapshot above, and the move from 2025 ($218K) IS the -0.9% one-year change.
Windows contain 0 to 6 sales each (3 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 Palm Greens At Villa Del Ray Condo I buying strategy.
If we were buying in Palm Greens At Villa Del Ray Condo I 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 Palm Greens At Villa Del Ray Condo I.
What the market posture tells you
Twenty-two days median tells you inventory moves when it's priced correctly for condition. In a community this established, condition spreads are wide—some units are investor-grade originals, others have been owner-updated—and the median price of $216K captures the middle of that range. Buyers should budget for capital improvements or accept that finishes will be decades old.
The per-square-foot median of $176.90 is well below Delray Beach's newer condo stock, which reflects age, building systems, and the absence of high-demand amenities in MLS data. This is a straightforward value play: you are trading finish level and on-site recreation for a lower basis in a city where land and location command premiums elsewhere. Investors and first-time buyers who understand deferred maintenance can find opportunity here; those expecting turnkey resort living will not.
The location and the amenities are priced into every listing in Palm Greens At Villa Del Ray Condo I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum represents buyers and sellers in older condo inventory across Palm Beach County, where reserve studies, special assessments, and building-system timelines matter more than granite counters. We will walk the property with you, review association financials, flag deferred capital expenditures, and help you understand whether a unit priced at the median is a fair deal or a project. If you are an out-of-state buyer or first-time investor, we will tell you when the numbers do not work—and when they do.
Palm Greens At Villa Del Ray Condo I 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 Palm Greens At Villa Del Ray Condo I 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 Palm Greens At Villa Del Ray Condo I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Greens At Villa Del Ray Condo I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Greens At Villa Del Ray Condo I home worth?
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Frequently Asked Questions
What is the median home price in Palm Greens At Villa Del Ray Condo I?
How long do homes in Palm Greens At Villa Del Ray Condo I take to sell?
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Should you buy in Palm Greens At Villa Del Ray Condo I?
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 2015 (27 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.
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