Deerfield Beach Market Update – July 2018
The median sale price of Single Family homes in Deerfield Beach has been stable the past five years. The median days to sell in Deerfield Beach for Single Family homes has
fluctuated year to date with the highest number of days being 48 in 2015 and the lowest being 31 in 2016.
The median sale price for Townhomes, Condos and Villas in Deerfield Beach has slowly increased from $68,000 in 2013 to $115,000 year to date.
The days on market between the five years in Deerfield Beach have been over 42 days.
About Deerfield Beach
Source: http://www.deerfield-beach.com/548/History
The Citys history begins in 1877, when the first non-native glimpsed at the swamps, dense vines, saw palmetto, wild fig trees, cabbage palms, and pine groves along Hillsboro River which empties into the Atlantic. To the south, Key West and Miami were flourishing villages. To the north, Palm Beach was gaining renown as a fashionable winter resort. By 1890, a few houses appeared along the meandering Hillsboro River, which was named after the Earl of Hillsborough who was granted this land by King George III of England in the late eighteenth century. By the spring of 1896, Henry M. Flagler had extended his Florida East Coast Railroad down the coastline into Miami. The railroad opened up the tropical wilderness, pressing parallel against the Atlantic shore, which until then had been inhabited primarily by local fauna and Seminole Indians who lived inland.
On June 22, 1898 a post office was established at Deerfield, Florida to serve a population of 20 settlers. It is said this name was chosen because of the numerous deer that grazed along the Hillsboro River. This river formed the northern boundary of Deerfield. A narrow wooden bridge crossed the stream west of the railroad, leading to another blossoming settlement: Boca Raton.
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