FL ARCHIVED December 2017 | Page 120

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 265,000
2 %
6 %
Average List Price of all Current Listings
$ 328,069
1 %
4 %
December Median Sales Price
$ 246,500
-3%
0 %
3 %
7 %
$ 240,000
4 %
4 %
December Average Sales Price
$ 277,410
6 %
2 %
1 %
9 %
$ 268,607
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,337
0 %
-14%
December Number of Properties Sold
285
17 %
14 %
3,666
0 %
December Average Days on Market ( Solds )
71
6 %
0 %
4 %
4 %
73
9 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 166
1 %
2 %
9 %
8 %
$ 159
3 %
3 %
December Sold Price per Square Foot
$ 153
1 %
2 %
5 %
10 %
$ 148
6 %
6 %
December Month ' s Supply of Inventory
4.7 -15%
-7%
-24% -10%
4.9
-6%
-6%
December Sale Price vs List Price Ratio
93.2 %
-. 1 %
. 1 % -1.8%
-. 1 %
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
December Property sales were 285 , up 13.5 % from 251 in
December of 2016 and 17.3 % higher than the 243 sales last
400
Property month . December Sales 2017 sales were at a mid level compared to
450
350
December Property of 2016 sales and were 2015 . 285 December , up 13.5 % YTD from sales 251 in of 3,666 are
December of 2016 and 17.3 % higher than the 243 last
400 running 0.1 % ahead of last year ' s year-to-date sales of 3,662 .
300
month . December 2017 sales were at a mid level compared to
350
250
December of 2016 and 2015 . December YTD sales of 3,666 are running 0.1 % ahead of last year ' s year-to-date sales of 3,662 .
300
200
250
150
Agent Name

Boynton Beach Title

Phone Website Other

Community Information | School District

Number of Properties Sold
200
100
150
50
100
0
50
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
0
15
16
17
Prices
The Median Sales Price in December was $ 246,500 , up 3.1 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 239,000 in December of 2016 and down 3.0 % from
The
$ 254,000 Median last Sales month Price . in The December Average was Sales $ 246,500 Price in , up December 3.1 % was from
$ 277,410 $ 239,000 , up 0.5 in December % from $ 276,000 of 2016 and in December down 3.0 % of from 2016 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
5.6 254,000 % from last $ 262,755 month . The last Average month . Sales December Price in 2017 December ASP was was at the
$ 277,410 , up 0.5 % from $ 276,000 in December of 2016 and up
270 highest level compared to December of 2016 and 2015 .
5.6 % from $ 262,755 last month . December 2017 ASP was at the
250
250
230
highest level compared to December of 2016 and 2015 .
230
210
210
190
190 170
237 259 392 379 350
237 259 392 379 350 385 391 335 322 314 254 316 245 235 343 340 330 373 325 332 323 301 264 251 242 235 362 365 367 403 306 353 238 267 243 285
170
150
150
J
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
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
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
December Total Inventory was 1,337 of , Properties up 0.2 % from available 1,334 for last sale month as of and down
1,800
December
13.6 % from was 1,547 1,337 in , up December 0.2 % from of 1,334 last year last . month December and down 2017
1,8001,600
8.0
13.6
Inventory % from 1,547 was at in its December lowest level of last compared year . December with December 2017 of
1,6001,400
7.0
Inventory
2016 and was 2015 at . its lowest level compared with December of
1,4001,200
6.0
2016 and 2015 .
1,2001,000
5.0
1,000
800
4.0
A comparatively lower MSI is more beneficial for sellers while a
800
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The December 2017 MSI of 4.7
400
2.0 higher MSI is better for buyers . The December 2017 MSI of 4.7
400 months was at a mid level compared with December of 2016
200 months was at a mid level compared with December of 2016
200
1.0 and 2015 .
0 and 2015 .
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
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
15
16
17
15
16
17
1,573 1,541 1,478 1,420
1,573 1,541 1,478 1,420 1,366 1,341 1,322
385
1,366
1,341 391 335 322
1,322 1,306 1,335
314
1,306 1,335 1,400 1,410 1,396
254
1,400 1,410
1,573 1,605
Number of Properties Sold
316 245
1,396
1,573 235 343
1,605 1,657
340 330 373
1,621 1,602 1,536
325
1,502
1,461 332 323
1,503
1,510 301 264
1,568
1,547 251 242 235
1,674 1,655 1,599 362 365
1,564 1,476
1,657 1,621 1,602 1,536 1,502 1,461 1,503 1,510 1,568 1,547 1,674 1,655 1,599 1,564 1,476 1,416 1,351 1,333 1,300 367 403
1,416 1,351
3 Mo Avg
306
1,317 1,334 1,337
353
1,333 1,300
238
3 Mo Avg
267 243
1,317 1,334 1,337
285
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 .