Verano At Delray Condo
Homes for Sale in Delray Beach, FL

Verano At Delray Condo market snapshot (as of July 15, 2026): the median sale price is about $202K ($242 per sq ft over the trailing 12 months of closed sales), and a median 24 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months and up 268% since 2012, computed from record-level Beaches MLS closed sales (10 closings in the current window).

A no-frills Delray Beach condo community where the median closed price of $202,500 buys entry to the city without the coastal premium; inventory moves in under a month when priced correctly, and condition varies enough that due diligence on the specific unit and the association financials matters more than the address.

Verano At Delray Condo is affordable access to a city that has priced many buyers out. The median of $202,500 and per-square-foot figure of $241.63 place this squarely in the value tier—older construction, modest finishes, and a location that trades coastal proximity for price. You are not buying resort-style amenities or walk-to-everything walkability; you are buying a foothold in Delray Beach with a condo fee instead of yard work.

The 8.8% year-over-year price decline is the headline, but context matters: since 2012, values are up 268%, meaning recent softness follows a long run-up. Current sellers are adjusting expectations, and the 24-day median DOM confirms that realistic pricing clears the market. Ten closings in the tracking window is a small sample, so individual unit condition—updates, deferred maintenance, HOA reserves—will define your actual value more than any neighborhood-level trend.

With a market heat score of 40, this is a buyer's negotiation environment, not a bidding-war scenario. You will have time to inspect, review documents, and make an informed offer. The trade-off is straightforward: you sacrifice newness, amenities, and some appreciation momentum in exchange for a lower basis and monthly carrying cost in a city where most ownership is materially more expensive.

Verano requires deep condo due diligence—HOA financials, pending assessments, reserve studies, and unit-level inspection—and our team knows which red flags are disqualifying versus negotiable. We will pull comps that isolate condition and floor plan differences so you know whether a unit is priced fairly or anchored to outdated data, and we will tell you when the condo documents or deferred maintenance make a particular unit a bad bet, even if the price looks tempting. In a market this narrow, broker judgment matters more than algorithm.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.