FL ARCHIVED February 2017 | Page 124

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

City : Boynton Beach

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 269,000
5 %
6 %
Average List Price of all Current Listings
$ 321,805
2 %
-2%
February Median Sales Price
$ 216,000
-8%
-6%
-6%
-6%
$ 226,750
6 %
-1%
February Average Sales Price
$ 241,840
-6%
-6%
-0%
-5%
$ 250,367
7 %
-1%
Total Properties Currently for Sale ( Inventory )
1,563
1 %
-13%
February Number of Properties Sold
215 -10%
-9%
454
-5%
February Average Days on Market ( Solds )
82
-8%
0 %
1 %
0 %
86
-2%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 161
5 %
3 %
1 %
4 %
$ 157
1 %
1 %
February Sold Price per Square Foot
$ 143
-1%
-1%
11 %
2 %
$ 144
13 %
3 %
February Month ' s Supply of Inventory
7.3
12 %
9 %
-4%
31 %
6.9
-5%
24 %
February Sale Price vs List Price Ratio
92.8 %
-. 7 % -1.0% . 1 %
-. 6 %
93.1 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Boynton Beach Title

Phone Website Other

Community Information | School District

Property Sales
450
February Property sales were 215 , down 8.5 % from 235 in
February of 2016 and 10.0 % lower than the 239 sales last
400
Number of Properties Sold
3 Mo Avg
Property month . February Sales 2017 sales were at their lowest level compared
450
350
February to February Property of 2016 sales and were 2015 215 . , February down 8.5 % YTD from sales 235 of in 454 are
February of 2016 and 10.0 % lower than the 239 last
400 running 5.4 % behind last year ' s year-to-date sales of 480 .
300
month . February 2017 sales were at their lowest level compared
350
250
to February of 2016 and 2015 . February YTD sales of 454 are running 5.4 % behind last year ' s year-to-date sales of 480 .
300
200
250
150
200
100
150
50
100
0
50
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
0
14
15
16
17
Prices
The Median Sales Price in February was $ 216,000 , down 6.1 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 230,000 in February of 2016 and down 8.1 % from
The
$ 235,000 Median last Sales month Price . in The February Average was Sales $ 216,000 Price , in down February 6.1 % was from
$ 241,840 $ 230,000 , down in February 0.3 % from of $ 2016 242,507 and down in February 8.1 % from of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 235,000 6.3 last % from month $ 258,039 . The Average last month Sales . Price February in February 2017 ASP was was
$ 241,840 , down 0.3 % from $ 242,507 in February of 2016 and
270 at a mid range compared to February of 2016 and 2015 . down 6.3 % from $ 258,039 last month . February 2017 ASP was
250
250
230
at a mid range compared to February of 2016 and 2015 .
230
210
210 190
190 170
266 360 350 351 291 317
266 360 350 351 291 317 271 315 225 291 237 260 391 379 350 385 391 335 322 313 254 316 245 235 343 340 330 371 325 331 322 299 262 242 239 215
170 150 150
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
M A
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 1,563 of , up Properties 0.6 % from available 1,553 for last sale month as of and down 2,000 February 12.6 % from was 1,788 1,563 , in up February 0.6 % from of 1,553 last year last . month February and down 2017 2,000
9.0
12.6 Inventory % from 1,788 was at in its February lowest level of last compared year . February with February 2017 of 1,500 8.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 1,500 7.0
2016 and 2015 . 6.0
1,000 5.0
1,000 A comparatively lower MSI is more beneficial for sellers while a
4.0
A comparatively lower MSI is more beneficial for sellers while a 3.0 higher MSI is better for buyers . The February 2017 MSI of 7.3 500 higher MSI is better for buyers . The February 2017 MSI of 7.3 500
2.0 months was at a mid level compared with February of 2016 and months was at a mid level compared with February of 2016 and
1.0 2015 .
0 2015 .
0
0.0 M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
M A J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F 14
15 16
17 14
15 16
17
271 315 225
1,696 1,654 1,600 1,594 1,495 1,509 1,504 1,607 1,613 291 237
1,696 1,654 1,600 1,594 1,495 1,509 1,504 1,607 1,613 1,594 1,718 1,742 1,656 1,621 1,536 1,501 1,469 1,418 1,422
Number of Properties Sold
260 391 379 350 385 391 335 322
1,594 1,718 1,742 1,656 1,621 1,536 1,501 1,469 1,418 1,422
1,519 1,505 1,482
313 254
1,694 1,519
1,505 1,788
1,482 316 245
1,694 1,788
235
1,797 1,811 1,721 1,640 343 340 330 371 325 331 322
1,609 1,534 1,556 1,512 1,551 1,511 1,553 1,563 299 262
1,797 1,811 1,721 1,640 1,609 1,534 1,556 1,512 1,551 1,511
3 Mo Avg
242 239
1,553 1,563
215
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
124 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .