Spanish Wells Condo in Delray Beach
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Live Market Pulse
24/100
Market Heat
Cooler than normal
2016 → 2026 · 82 at the 2016 peak
0 is Spanish Wells Condo's coldest market since 2016, 100 its hottest. Today: 24. How it's scored

Photo via Beaches MLS

Built fromLive Beaches MLS data20 years of closingsUpdated twice daily

As of September 2026, Spanish Wells Condo Ii in Delray Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $300,000, $244 per square foot, a median 37 days on market, sellers accepting 95% of original asking (-8% versus the prior year). Homes listed or recently sold were built 1979–1980; 7 of 7 report an HOA (median $475/mo); none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $5,620 ($4,840 with the full homestead exemption).

Live · Spanish Wells Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$300K
Median sold · 12 mo
down 7.7% vs the prior 12 months
-7.7%
1-yr price change
n = 5 and 7 sales in the two windows
$244/sf
Sold $/sqft · 12 mo
peak $276 in 2023
95.2%
Sale vs ask
Palm Beach median: 93.5%
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
37days
Median DOM · closed
6 days at the 2021 low
50%
Under contract
Palm Beach: 24% (3,196 of 13,265)
1 · 1
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 6 a year
Track record · 20 years of records
1,232sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Spanish Wells Condo II is a condo community in Delray Beach, and the market here is speaking clearly: the median sale price sits at $300,000, down 9.1% year-over-year. That's not a correction—it's a reset. Homes are moving in 37 days, which is neither instant nor stalled, and with only seven closings in our window, this is a thin market where one or two transactions can shift the numbers quickly.

For buyers, this is a community where condition and unit position will drive every dollar of your offer. The median price-per-foot is $244, but in a small pool like this, that figure is more starting point than guide. Sellers need to price to the current median and understand that last year's comp is no longer relevant. The heat score of 29 tells you this is a buyer's market with room to negotiate.

Spanish Wells Condo Housing Pulse · Momentum Research · as of September 12, 2026

Spanish Wells Condo right now

🟡 Balanced market. 2.4 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 12, 2026. Confidence: Medium (2 active and pending listings, 5 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($300K) is down 7.7% from the prior 12 months ($325K). With about 6 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 September 12. Confidence: Low (5 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 16, 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

Spanish Wells Condo market snapshot (as of September 12, 2026): the median sale price is about $300K ($244 per sq ft over the trailing 12 months of closed sales), a median 37 days on market for closed sales, and 2.4 months of supply, a balanced market. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 closings in the current window).

In ZIP 33445 (Delray Beach), 673 homes closed in the last 12 months at a median of $298K ($231/sq ft), up 1.4% year over year, with a median 53 days on market. Right now 149 active and 47 pending listings put supply at about 4.6 months — a balanced market. See the live ZIP 33445 housing market and the Palm Beach County market.

BeachesMLS sales records identify 92 homes in Spanish Wells Condo that have changed hands since 2006, built between 1978 and 1980 (median 1979), with a median living area of about 1,230 sq ft and a typical 2-bedroom, 2.5-bath layout; 75% are townhomes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Spanish Wells Condo II is a Delray Beach condominium community where pricing has pulled back nearly ten percent over the past year and inventory moves at a measured pace.

Best for

  • Buyers with a budget near $300K who want Delray Beach zip code access without paying for luxury finishes or amenity packages
  • Investors comfortable with a slower-moving condo market and willing to hold through price stabilization
  • Downsizers or second-home buyers prioritizing location and cost over on-site recreation or concierge services

Probably not for

  • Buyers expecting quick appreciation or a hot resale market in the next year or two
  • Anyone who needs a liquid, high-volume market with multiple comp options and fast turnover
  • Buyers seeking full-service condo living with pools, fitness centers, and active community programming

Windows contain 0 to 9 sales each (5 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
$200K$300K20122014201620182020202220242026
Down 7.7% year over year.
Every sale since 2006 · price vs size
$0$100K$200K$300K1k1k
69 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $113 in 2012 to a $276 peak in 2023; $244 now.
Median days on market · closed sales
204020122014201620182020202220242026
6 days at the 2021 low; 37 now.
Sale price vs original ask · median
94%96%98%100%20122014201620182020202220242026
95.2% now vs Palm Beach 93.5%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
82 at the 2016 peak, 16 in the troughs, 24 now. Same score as the hero card, full history.
How much local inventory is already under contract

19% of homes for sale in ZIP 33445 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

Spanish Wells Condo Market Scorecard

Balanced

Spanish Wells Condo is currently a balanced market. About 2.4 months of supply, a median asking price of $313,000, and homes go under contract in about 132 days.

2.4
Months supply
$313,000
Median list
$300,000
Median sold
$254
List $/sqft
132
Days on mkt
1/1/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Spanish Wells Condo

Live MLS inventory for Spanish Wells Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Spanish Wells Condo listings as of 2026-09-15, priced high to low. 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. Tap any home to ask about it.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Orchard View · Elementary
  • Carver Community · Middle
  • Atlantic · High

Zoned schools reflect the assignments reported on recent Spanish Wells Condo listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Spanish Wells Condo address.

If we were buying in Spanish Wells Condo 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 Spanish Wells Condo.

Best Buy
Buyers seeking affordable Delray Beach access who can evaluate individual unit condition closely.
Biggest Risk
Thin transaction volume means comps are scarce and individual sales can distort the median quickly.
Sweet Spot
A well-maintained unit priced at or slightly below the $300K median with low HOA fees.
Avoid If
You need resort amenities or expect rapid resale liquidity in a small condo inventory.

Small pool, big price swings

With just seven closings in the trailing window, Spanish Wells Condo II operates more like a private sale market than a liquid condo inventory. Every comp matters, and every unit's condition, view, and floor level will separate it from the median. The $300K median is your anchor, but don't mistake it for a range—individual units will trade well above or below depending on updates, location within the building, and how motivated the seller is.

The 9.1% year-over-year decline is significant, and it reflects broader softness in the Delray Beach condo segment. Homes here aren't flying off the shelf; they're sitting for just over a month, which gives buyers leverage and time to inspect, negotiate, and avoid rushed decisions. For sellers, it means pricing has to be sharp and realistic—this is not the market to test a high number and wait.

MLS data shows no identified community amenities, so you're buying the unit and the address, not a resort-style pool complex or concierge service. That's fine if your priority is location and value, but it also means resale appeal will hinge entirely on the condition of your individual home and the strength of the Delray Beach market at large.

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

Jon Brooks · Founder, Momentum Realty
6.1C+ · Buy Score
Recent Direction4.1/10
Liquidity & Demand7.6/10
Pricing Power6.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.1). Basis: Recent Direction -7.7% year-over-year; Liquidity & Demand 2.4 months of supply; Pricing Power 95.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a thin-volume condo market like Spanish Wells II, one bad comp or one overlooked HOA issue can cost you thousands. Momentum's agents know how to read the few data points available, pull the right comps from nearby communities when local inventory is sparse, and negotiate with the context of a cooling market. We'll also tell you when a unit is overpriced or when waiting another month might bring better options—because in a small pool, patience and precision matter more than speed.

Spanish Wells Condo in 15 seconds.

Best forBuyers seeking affordable Delray Beach access who can evaluate individual unit condition closely.
Biggest advantageA buyer's market with negotiating room and time to inspect without competition.
Biggest riskThin transaction volume means comps are scarce and individual sales can distort the median quickly.
Sweet spotA well-maintained unit priced at or slightly below the $300K median with low HOA fees.
Avoid ifYou need resort amenities or expect rapid resale liquidity in a small condo inventory.

HOA, CDD & Fees

In short
  • HOA dues reported around $475/month (about $5,700/yr) · median of 18 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $475 per month ($5,700 a year) — the median AssociationFee across 18 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Spanish Wells Condo sales matched to your home.

What is your Spanish Wells Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Spanish Wells Condo?
The median sale price in Spanish Wells Condo was $300K over the 12 months ending September 12, 2026 (5 closed sales, Beaches MLS).
How long do homes in Spanish Wells Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 37 days on market (5 sales, Beaches MLS).
Is Spanish Wells Condo a buyer's or seller's market right now?
As of September 12, 2026, Spanish Wells Condo is roughly balanced: 2.4 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Spanish Wells Condo?
The best agent for Spanish Wells Condo 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 Spanish Wells Condo.
How do I find a top Delray Beach real estate agent who knows Spanish Wells Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Spanish Wells Condo and the wider Delray Beach area.
Can Momentum Realty connect me with an agent for Spanish Wells Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Spanish Wells Condo purchase or sale - no call center and no pressure.
Buyers with a budget near $300K who want Delray Beach zip code access without paying for luxury finishes or amenity packagesExcellent fit
Investors comfortable with a slower-moving condo market and willing to hold through price stabilizationExcellent fit
Downsizers or second-home buyers prioritizing location and cost over on-site recreation or concierge servicesExcellent fit
Buyers expecting quick appreciation or a hot resale market in the next year or twoProbably not
Anyone who needs a liquid, high-volume market with multiple comp options and fast turnoverProbably not
Buyers seeking full-service condo living with pools, fitness centers, and active community programmingProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 15, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2006 (69 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 local comps.

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CallFree valuation →
Thinking of selling in Spanish Wells Condo Ii? 5 recorded closings; median 37 days on market (window ending 2026-09-12). See the Palm Beach County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

More Delray Beach & West Palm Beach & Palm Beach County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of West Palm Beach & Palm Beach County or the full Neighborhood Finder.

Nearby Communities

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SWSpanish Wells Cond0.2 mi awayFHFaircrest Heights0.2 mi away · median $970K, 5 sales/12 moSShadywoods0.2 mi away · 198 homes, built 1980–81, 2 for saleLGLakeview Greens0.2 mi away · 6 for saleFCFoxe Chase0.3 mi away · median $4.69M, 4 sales/12 moSShadywoods0.3 mi away

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