Market Action Report
City: Boynton Beach
January 2018
Boynton Beach
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 January was 63, down 11.3% from
71 days last month and down 18.2% from 77 days in January of
last year. The January 2018 DOM was at its lowest level
compared with January of 2017 and 2016.
90
78
80
3 Mo Avg
77
70
63
60
50
40
30
20
10
0
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
15
16
17
18
Selling Price per Square Foot
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 January 2018 Selling Price per Square Foot of $150 was
down 1.4% from $152 last month and up 4.6% from 144 in
January of last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
150
144
127
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
15
16
17
18
Selling Price versus Listing Price Ratio
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 January 2018 Selling Price vs Original
List Price of 93.5% was up from 93.1% last month and up from
92.8% in January of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
95%
94%
93.5%
93%
92.8%
92.3%
92%
91%
90%
89%
F M A M J J A S O N D J F M A M J J