FL ARCHIVED December 2017 | Page 94

BOYNTON BEACH

Community Information | School District
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
$ 1,287,000
-1%
-7%
Average List Price of all Current Listings
$ 1,476,213
-3%
-7%
December Median Sales Price
$ 1,150,000
0 %
-30% -16%
$ 1,150,000
-11%
-16%
December Average Sales Price
$ 1,150,000
-10% -30% -45%
$ 1,362,685
-37%
-35%
Total Properties Currently for Sale ( Inventory )
28
12 %
40 %
December Number of Properties Sold
1
-50%
13
63 %
December Average Days on Market ( Solds )
8
-96% -76% -91%
112
13 %
27 %
Asking Price per Square Foot ( based on New Listings )
$ 277
-12%
-4%
0 %
-25%
$ 343
-1%
-7%
December Sold Price per Square Foot
$ 214
6 %
-35% -51%
$ 335
-25%
-23%
December Month ' s Supply of Inventory
28.0
0 %
40 % 180 %
22 %
18.2
-21%
-21%
December Sale Price vs List Price Ratio
92.0 %
6.6 % -1.1%
. 2 %
90.8 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 1 , down 50.0 % from 2 in December of 2016 and higher than the 0 sales last month . December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 13 are running 62.5 % ahead of last year ' s year-to-date sales of 8 .
Prices The Median Sales Price in December was $ 1,150,000 , down 29.7 % from $ 1,635,840 in December of 2016 and up from $ 0 last month . The Average Sales Price in December was $ 1,150,000 , down 29.7 % from $ 1,635,840 in December of 2016 and up from $ 0 last month . December 2017 ASP was at the lowest level compared to December of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of December was 28 , up 12.0 % from 25 last month and up 40.0 % from 20 in December of last year . December 2017 Inventory was at its highest level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 28.0 months was at its highest level compared with December of 2016 and 2015 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0
3 Mo Avg 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 M J J A S O N D 15
16
17 Median Sales Price and Average Sales Price
3 Mo Avg
5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
35 30 25
35 20
30 15
25 10 205 150 10 5 0
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 M J
J
A S O N D
15
16
17
35.0
30.0
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
J
F M A M J
J
A S O N D
J
F M A M J
J
15
16
A S O N D
J
F M A M J
17
J
A S O N D
10.0
5.0
0.0
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 M J
J
A S O N D
15
16
17
28 28
27 27
24 24
21 21
22 22
22 22
19 19
20 20
17 17
20 20
22 22
20 20
23 23
30 30
28 28
30 30
33 33
30 30
28 28
22 22
26 26
22 22
25 25
20
20 22 22
22 22
21 21
20 20
24 24
20 20
17 17
19 19
18 18
24 24
25 25
3 Mo Avg
28
28
4 1 1 1 0 0 2 2 1 1 0 0 0 1 0 0 2 1 0 0 1 0 1 2 1 1 1 0 2 1 1 1 2 2 0 1
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