FL ARCHIVED September 2017 | Page 120

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 275,000
-1%
6 %
Average List Price of all Current Listings
$ 326,834
-1%
-2%
September Median Sales Price
$ 239,000
-0%
-3%
4 %
4 %
$ 239,000
4 %
4 %
September Average Sales Price
$ 265,778
-2%
-2%
0 %
5 %
$ 267,487
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,307
-2%
-20%
September Number of Properties Sold
225 -34%
-30%
2,835
-0%
September Average Days on Market ( Solds )
85
-2%
2 %
8 %
4 %
86
5 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 160
-1%
-2%
1 %
3 %
$ 159
2 %
3 %
September Sold Price per Square Foot
$ 148
1 %
-1%
2 %
6 %
$ 148
6 %
6 %
September Month ' s Supply of Inventory
5.8
48 %
22 %
15 %
2 %
5.2
-6%
-8%
September Sale Price vs List Price Ratio
93.5 %
. 5 %
. 3 % -1.2%
. 2 %
92.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
450
September Property sales were 225 , down 30.3 % from 323 in
September of 2016 and 34.0 % lower than the 341 sales last
400
Property month . September Sales 2017 sales were at their lowest level
450
350
September compared Property to September sales were of 2016 225 , and down 2015 30.3 . % September from 323 YTD in
September of 2016 and 34.0 % lower than the 341 sales last
400 sales of 2,835 are running 0.4 % behind last year ' s year-to-date
300
month sales . of September 2,845 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD sales of 2,835 are running 0.4 % behind last year ' s year-to-date
350
300
250
200
sales of 2,845 .
250
150
200
100
150
50
100
0
50
0
Prices
The Median Sales Price in September was $ 239,000 , up 3.9 %
Prices from $ 230,000 in September of 2016 and down 0.4 % from
290
The
$ 240,000 Median last Sales month Price . in The September Average was Sales $ 239,000 Price in , up September 3.9 % from was $ 230,000 265,778 , in up September 0.2 % from of $ 2016 265,220 and in down September 0.4 % from of 2016
290
270
$ and 240,000 down last 1.6 month % from . The $ 269,999 Average last Sales month Price . in September 2017 was $ 265,778 , up 0.2 % from $ 265,220 in of 2016
270
ASP was at the highest level compared to September of 2016 and and down 20151.6 . % from $ 269,999 last month . September 2017
250
250
230
ASP was at the highest level compared to September of 2016 and 2015 .
230
210
210
190
Agent Name

Boynton Beach Title

Phone Website Other

Community Information | School District

190 170
315
Number of Properties Sold
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 M J
J
A S
14
15
16
17
J
F M A M J
15
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
315 225 291 237 259 392 379 350 385 391 335 322 314 254 316 245 235 343 340 330 372 325 332 323 301 264 251 242 235 361 364 365 398 304 341 225
O N D
14
225 291 237 259 392
170
150
150
O
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 M J
14
15
16
17
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 M J
J
A S
J
A S
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
September Total Inventory was 1,307 of Properties , down 2.5 available % from 1,340 for sale last as month of and
2,000
September down 19.6 was % from 1,3071,625 , down in 2.5 September % from 1,340 of last last year month . September and
2,000
9.0 down 201719.6 Inventory % from was 1,625 at in its September lowest level of last compared year . September with September
1,500
8.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September
1,500
7.0 of 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
500
3.0 higher MSI is better for buyers . The September 2017 MSI of 5.8
500 higher MSI is better for buyers . The September 2017 MSI of 5.8
2.0 months was at its highest level compared with September of months was at its highest level compared with September of
1.0
2016 and 2015 .
0
2016 and 2015 .
0
0.0
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 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 M J
J A S
14
15
16
17
14
15
16
17
1,609 1,615 1,596 1,719 1,744 1,659 379 350 385
1,624 1,538 1,505
391
1,609 1,615 1,596 1,719 1,744 1,659 1,624 1,538 1,505 1,473 1,422 1,427 1,524
335
1,473 1,422
Number of Properties Sold
322 314
1,510 1,427
1,488 1,524 1,700 254 316 245 235 343
1,700 1,796 1,808
340
1,833 1,758
1,510 1,796
1,488 1,808
1,833 1,758 1,681 1,658
330 372
1,681
1,658 325 332
1,592 1,625
323
1,594 301 264
1,640
1,633 251 242
1,760
1,814 235 361
1,757 1,712
3 Mo Avg
364
3 Mo Avg
1,592 1,625 1,594 1,640 1,633 1,760 1,814 1,757 1,712 1,555 1,511 1,392 1,340 1,307
365
1,555 1,511
398 1,392
3 Mo Avg
304 341
1,340 1,307
225
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
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 Assoc
120 | c o l d w e l l b a n k e r h o m e s . c o m 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 .