Spanish Wells Condo Ii
Homes for Sale in Delray Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
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 Ii right now
🔴 Off the recent peak. The trailing-12-month median ($300K) is down 9.1% from the prior 12 months ($330K). 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 July 15. Confidence: Medium (7 and 6 sales in the two windows).
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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
Spanish Wells Condo Ii market snapshot (as of July 15, 2026): the median sale price is about $300K ($244 per sq ft over the trailing 12 months of closed sales), and a median 37 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Beaches MLS closed sales (7 closings in the current window).
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.
Who Spanish Wells Condo Ii is best for.
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
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 ($300K) IS the median in the snapshot above, and the move from 2025 ($330K) IS the -9.1% one-year change.
Windows contain 0 to 9 sales each (7 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 Spanish Wells Condo Ii buying strategy.
If we were buying in Spanish Wells Condo Ii 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 Spanish Wells Condo Ii.
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 Ii. The deal is won or lost on condition, the comps, and the renovation math.
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 Ii 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 Spanish Wells Condo Ii 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 Spanish Wells Condo Ii sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Spanish Wells Condo Ii, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Spanish Wells Condo Ii home worth?
Get a no-obligation home value based on real comparable sales in Spanish Wells Condo Ii, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Spanish Wells Condo Ii?
How long do homes in Spanish Wells Condo Ii take to sell?
Who is the best real estate agent for Spanish Wells Condo Ii?
How do I find a top Delray Beach real estate agent who knows Spanish Wells Condo Ii?
Can Momentum Realty connect me with an agent for Spanish Wells Condo Ii?
Should you buy in Spanish Wells Condo Ii?
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 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 your area comps.
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