BOYNTON BEACH
Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for December was 8 , up from 0 days last month and down 76.5 % from 34 days in December of last year . The December 2017 DOM was at its lowest level compared with December of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The December 2017 Selling Price per Square Foot of $ 214 was up from $ 0 last month and down 35.4 % from 331 in December of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The December 2017 Selling Price vs Original List Price of 92.0 % was up from 0.0 % last month and down from 93.0 % in December of last year .
400 350 300 250 200 150
Days On Market for Sold Properties
100 |
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50 |
34 |
8 |
0 |
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|
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 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
1,550 1,350 1,150 950 750 550 350 150
140 % 120 % 100 % 80 % 60 % 40 %
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 |
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16 |
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17 |
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331
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
214
93.0 % 92.0 %
20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in December 2017 was 6 , equal to 6 last month and up from 0 in December of last year .
35 30 25 20 15
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 |
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16 |
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17 |
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Inventory / New Listings / Sales |
28 27
24
21 22 22
19 20
17 20
22 20
23 30
28 30
33
30 28
22 26
22 25
20 22 22 21 20
24
20
17 19 18 24 25
28
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 |
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16 |
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17 |
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Coldwell Banker Global Luxury SM | 95