FL ARCHIVED May 2017 | Page 124

Market Action Report
May 2017
Boynton
Beach
Market Action Report
City: Boynton Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
May 2017
City: Boynton Beach Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$265,000
0%
3%
Other
$328,226 Trending
2% versus*:
-3%
Month
LM 7%
L3M 6%
PYM 3%
LY
$248,000
$265,000
0% 13% 10%
3% 8%
$293,791
$328,226 1,400
2% -7% -3% -20%
$248,000 346
7% -3%
6% 3% 5%
8%
$293,791 13%
10%
8%
16%
88 -4% -1% 4%
1,400 -7%
-20%
$165 4% 4% 5%
346 -3%
5%
$158 10% 7% 10%
88 -4% -1% 4% 7%
4.0 -4% -6% -23%
$165 4% 4% 5% 6%
93.1% .8% .6% .5%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median
List Price
of all
Current Listings
May Average
Sales
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
Trending versus*:
Prior YTD 4%
Prior Year 2%
8% YTD
$234,950
16%
$264,810
7%
4%
$234,950 1,536
4%
$264,810
7%
7%
89
May Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
3 Mo Avg
Number of Properties Sold
3 Mo Avg
300 200
335
0
50
50
100
250 150
200 100
150
Prices
14
The Median Sales Price in May was $248,000, up 2.9% from
Prices
$241,000 in May of 2016 and up 6.9% from $232,000 last
290
The
Median
Sales
Price Sales
in May Price
was $248,000,
2.9% from
month.
The
Average
in May was up
$293,791,
up 8.0%
270
$241,000
in May of
and
up 6.9%
from
$232,000
last
from $272,044
in 2016
May of
2016
and up
13.3%
from $259,248
last
290
month.
Average
Sales was
Price
was $293,791,
up 8.0%
month. The
May
2017 ASP
at in
the May
highest
level compared
to May 250
from
$272,044
in May of 2016 and up 13.3% from $259,248 last 270
of 2016
and 2015.
month. May 2017 ASP was at the highest level compared to May 250 230
15
16
Median Sales Price and Average Sales Price
245
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
14
15
16
17
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
Median Sales Price and Average Sales Price
3 Mo Avg
0
of 2016 and 2015.
9%
2%
5%
-3%
-1%
$158 10% 7% 10% 13%
$147
9%
5%
4.0 -4% -6% -23% -28%
5.5 -10%
-3%
of 92.6%
Properties
93.1% .8% .6% .5% Number
-.2%
-0% Sold -1%
450
May Property sales were 346, up 4.8% from 330 in May of 2016
400
and 2.8% lower than the 356 sales last month. May 2017 sales
Property
Sales
were at a mid
level compared to May of 2016 and 2015. May 450 350
May
346, up 4.8%
330
May
of 2016
YTD Property
sales of sales
1,536 were
are running
2.9% from
ahead
of in
last
year's
year-to-
400 300
and
2.8%
lower
than the 356 sales last month. May 2017 sales
date
sales
of 1,493.
were at a mid level compared to May of 2016 and 2015. May
350 250
YTD sales of 1,536 are running 2.9% ahead of last year's year-to-
date sales of 1,493.
3% 2%
7% 4%
2%
9%
9%
-10%
2%
-0%
6%
$158
1,536
3%
13%
$147
89
7%
-28%
5.5
$158
2%
-.2%
92.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
17
3 Mo Avg
230 210
210 190
190 170
170 150
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
150
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
1,500
lowest level compared with May of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,000
1,000
A comparatively lower MSI is more beneficial for sellers while a
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
2,000
was Total
1,400,
down 6.7%
from 1,501
last month
and
19.8%
The
Inventory
of Properties
available
for sale
as down
of May
from
1,745
in May
last year.
May month
2017 Inventory
was at its 2,000
was
1,400,
down
6.7% of from
1,501 last
and down 19.8%
from
1,745
in May
of last with
year. May
May of
2017
Inventory
was at its
lowest
level
compared
2016
and 2015.
1,500
500
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
4.0 a
500
higher
MSI
is better
for buyers.
May 2017
MSI
of 4.0
months
was
at its lowest
level The
compared
with
May
of 2016 and
months
0
2015. was at its lowest level compared with May of 2016 and
0
2015.
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 O N D J F M A M
14
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
124 | c
.
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.