FL ARCHIVED November 2017 | Page 120

Market Action Report November 2017
Community Information | School District
Market Action Report November 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%
2 %
Average List Price of all Current Listings
$ 324,818
-1%
1 %
November Median Sales Price
$ 254,000
2 %
4 %
9 %
10 %
$ 240,000
4 %
4 %
November Average Sales Price
$ 264,354
-5%
-2%
6 %
4 %
$ 267,878
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,351
4 %
-18%
November Number of Properties Sold
231 -13%
-13%
3,363
-1%
November Average Days on Market ( Solds )
74 -21% -13%
-8%
-10%
86
5 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 167
2 %
3 %
8 %
8 %
$ 159
3 %
3 %
November Sold Price per Square Foot
$ 151
1 %
2 %
6 %
9 %
$ 148
6 %
6 %
November Month ' s Supply of Inventory
5.8
20 %
7 %
-6%
3 %
5.3
-6%
-7%
November Sale Price vs List Price Ratio
93.4 %
. 6 %
. 3 %
-. 3 %
. 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
Agent Name

Boynton Beach Title

Phone Website Other

Community Information | School District

Property Sales
450
November Property sales were 231 , down 12.5 % from 264 in
November of 2016 and 13.5 % lower than the 267 sales last
400
Number of Properties Sold
3 Mo Avg
Property month . November Sales 2017 sales were at their lowest level
450
350
November compared Property to November sales were of 2016 231 , and down 2015 12.5 . % November from 264 in YTD sales
November of 2016 and 13.5 lower than the 267 sales last
400 of 3,363 are running 1.4 % behind last year ' s year-to-date sales of
300
month
3,411 .
November 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales of 3,363 are running 1.4 % behind last year ' s year-to-date sales of
350
300
250
200
3,411 .
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 254,000 , up 9.0 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 233,000 in November of 2016 and up 1.6 % from
The
$ 250,000 Median last Sales month Price . in The November Average was Sales $ 254,000 Price in , up November 9.0 % was from
$ 264,354 $ 233,000 , up 5.9 in November % from $ 249,619 of 2016 in and November up 1.6 % from of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 250,000 5.5 last % from month $ 279,600 . The Average last month Sales . Price November in November 2017 ASP was was $ 264,354 , up 5.9 % from $ 249,619 in of
270 at the highest level compared to November of 2016 and 2015 . down 5.5 % from $ 279,600 last month . November 2017 ASP was
250
250
230
at the highest level compared to November of 2016 and 2015 .
230
210
210
190
190 170
291 237 259 392 379 350
291 237 259 392 379 350 385 391 335 322 314 254 316 245 235 343 340 330 373 325 332 323 301 264 251 242 235 362 364 367 401 306 352 236 267 231
170
150
150
D
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
14
15
16
17
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
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
November Total Inventory was 1,351 of , Properties up 3.5 % from available 1,305 for last sale month as of and down
2,000
November
18.0 % from was 1,647 1,351 in , up November 3.5 % from of 1,305 last year last month . November and down 2017
2,000
9.0
18.0
Inventory % from was 1,647 at in its November lowest level of last compared year . November with November 2017 of
1,500
8.0
Inventory
2016 and was 2015 at . its lowest level compared with November of
1,500
7.0
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 November 2017 MSI of
5.8500 higher MSI is better for buyers . The November 2017 MSI of 5.8
2.0 months was at its lowest level compared with November of 2016 months was at its lowest level compared with November of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 O N
14
15
16
17
14
15
16
17
385
1,599 1,722 1,747 1,662 1,627 1,541 1,510 391 335
1,599 1,722 1,747 1,662 1,627 1,541 1,510 1,478 1,426 1,431 1,523
322 314
1,514 1,492
1,704
Number of Properties Sold
254 316
1,478 1,426 1,431 1,523 1,514 1,492 245 235 343 340
1,800 1,812 1,837 1,762 1,685 1,662
330 373 325 332 323 301 264 251 242 235 362 364
1,704 1,800 1,812 1,837 1,762 1,685 1,662 1,596 1,630 1,600 1,647 1,641 1,771 1,827 1,771 1,729
1,580
1,596 1,630 1,600 1,647 1,641 1,771 1,827 1,771 1,729 1,580 1,546 1,439 1,447 1,342 367 401
1,305
1,351 306 352
1,546 1,439 1,447 1,342
3 Mo Avg
236 267
1,305 1,351
231
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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