Palm Greens Condo 1
Homes for Sale in Delray Beach, FL

Community in Delray Beach · Palm Beach County
Median sale $142K
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Built fromLive Beaches MLS data13 years of closingsUpdated twice daily
Live · Palm Greens Condo 1 Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$142K
Median sold · 12 mo
down 24.7% vs the prior 12 months
-24.7%
1-yr price change
n = 3 and 6 sales in the two windows
$142/sf
Sold $/sqft · 12 mo
peak $213 in 2023
76.8%
Sale vs ask
Palm Beach median: 97.7%
Tempo
186days
Median DOM · closed
4 days at the 2021 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 13 years of records
989sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm Greens Condo 1 is a deeply distressed market. The median price of $142K—down a quarter year-over-year—reflects either deferred maintenance, special assessments, or both. At $142 per square foot, these units trade at a steep discount to most Delray Beach inventory, but the near-six-month median time to contract tells you buyers are wary. This is not a market where condition is priced in; it is a market where condition is scaring people away.

For sellers, expect a grind. Three closings in our window and that DOM suggest you will need to be realistic about what your unit can command in its current state. For buyers, the price is low because the risk is real. Budget for capital expenditures, verify association reserves, and understand that resale liquidity will remain poor until the complex addresses whatever is keeping the broader market at arm's length.

Palm Greens Condo 1 Housing Pulse · Momentum Research · as of July 15, 2026

Palm Greens Condo 1 right now

🔴 Off the recent peak. The trailing-12-month median ($142K) is down 24.7% from the prior 12 months ($188K). 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 6 sales in the two windows).

What's unique here: the median sale price is about 69% below the typical Palm Beach County sale ($142K 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

Palm Greens Condo 1 market snapshot (as of July 15, 2026): the median sale price is about $142K ($142 per sq ft over the trailing 12 months of closed sales), and a median 186 days on market for closed sales. The trailing-12-month median is down 25% from the prior 12 months, computed from record-level Beaches MLS closed sales (3 closings in the current window).

A small Delray Beach condo community where price has dropped sharply and inventory moves slowly, signaling underlying property or association challenges that warrant close inspection before any offer.

Best for

  • Cash buyers with renovation experience and tolerance for association uncertainty
  • Investors seeking distressed-price entry into Delray Beach with long hold horizons
  • Buyers prioritizing location over condition and willing to budget for capital improvements

Probably not for

  • Buyers relying on conventional financing in a market where appraisals and lender willingness may be constrained
  • Anyone expecting low-maintenance ownership or predictable monthly fees
  • Buyers who need confidence in near-term resale or stable market comps

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.

Median sale price · trailing 12 mo
$100K$200K2014201620182020202220242026
Down 24.7% year over year.
Every sale since 2013 · price vs size
$0$100K$200K$300K1k1k1k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$2002014201620182020202220242026
Up from $75 in 2013 to a $213 peak in 2023; $142 now.
Median days on market · closed sales
01002002014201620182020202220242026
4 days at the 2021 low; 186 now.
Sale price vs original ask · median
80%90%2014201620182020202220242026
76.8% now vs Palm Beach 97.7%.
Homes sold per 12-mo window
02462014201620182020202220242026
0 to 6 a year; 3 in the current window.

If we were buying in Palm Greens Condo 1 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Condo 1.

Best Buy
Buyers with cash and renovation budget willing to absorb association risk in exchange for Delray Beach access at the lowest possible entry point.
Biggest Risk
Falling prices and six-month absorption signal underlying property or financial issues that may not be resolved quickly or cheaply.
Sweet Spot
A cash investor who can weather special assessments and hold through a turnaround, or a buyer who needs Delray ZIP code access and has the reserves to self-insure.
Avoid If
You need turnkey condition, predictable monthly costs, or confident near-term resale liquidity.

What the numbers tell us about Palm Greens

The median closed price sits at $142,000, with units moving at $142 per square foot—a fraction of what newer or better-maintained Delray condos command. The year-over-year decline of nearly twenty-five percent is stark and suggests either a sudden change in association financials, a cluster of distressed sales, or buyers collectively repricing risk.

Median days on market runs to six months, which is glacial even in a slower cycle. Three closings in our recent window point to a thin, episodic market where each sale is a negotiation shaped by unit condition and buyer due diligence. The data does not tell us whether this is a functional community with dated interiors or a complex facing structural or financial headwinds, but the combination of falling price and stalled velocity makes the answer material.

The location and the amenities are priced into every listing in Palm Greens Condo 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Palm Greens demands forensic diligence. We pull association documents, review reserve studies, and verify assessment history before you write an offer. If you are buying, we will tell you what the price reflects and what it does not cover. If you are selling, we will position your unit against the drag of slower comps and help you price for a realistic close, not a wishful list. In a market this thin, representation that understands the difference between value and distress is not optional.

Palm Greens Condo 1 in 15 seconds.

Best forBuyers with cash and renovation budget willing to absorb association risk in exchange for Delray Beach access at the lowest possible entry point.
Biggest advantageThe median price of $142K is among the cheapest condo inventory in Delray Beach, offering location at a steep discount to market.
Biggest riskFalling prices and six-month absorption signal underlying property or financial issues that may not be resolved quickly or cheaply.
Sweet spotA cash investor who can weather special assessments and hold through a turnaround, or a buyer who needs Delray ZIP code access and has the reserves to self-insure.
Avoid ifYou need turnkey condition, predictable monthly costs, or confident near-term resale liquidity.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Greens Condo 1 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palm Greens Condo 1?
The median sale price in Palm Greens Condo 1 was $142K over the 12 months ending July 15, 2026 (3 closed sales, Beaches MLS).
How long do homes in Palm Greens Condo 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 186 days on market (3 sales, Beaches MLS).
Who is the best real estate agent for Palm Greens Condo 1?
The best agent for Palm Greens Condo 1 is one who actively works Delray Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palm Greens Condo 1.
How do I find a top Delray Beach real estate agent who knows Palm Greens Condo 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Greens Condo 1 and the wider Delray Beach area.
Can Momentum Realty connect me with an agent for Palm Greens Condo 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Greens Condo 1 purchase or sale - no call center and no pressure.
Cash buyers with renovation experience and tolerance for association uncertaintyExcellent fit
Investors seeking distressed-price entry into Delray Beach with long hold horizonsExcellent fit
Buyers prioritizing location over condition and willing to budget for capital improvementsExcellent fit
Buyers relying on conventional financing in a market where appraisals and lender willingness may be constrainedProbably not
Anyone expecting low-maintenance ownership or predictable monthly feesProbably not
Buyers who need confidence in near-term resale or stable market compsProbably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (31 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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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.

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