FL ARCHIVED April 2017 | Page 124

Market Action Report
April 2017
Boynton
Beach
Market Action Report
City: Boynton Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 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
$269,950
0%
8%
Other
$326,016 Trending
2% versus*:
-1%
Month
LM 2%
L3M 2%
PYM 0%
LY
$235,000
$269,950
0% 1% 2%
8% 4%
$261,474
$326,016 1,492
2% -3% -1% -18%
$235,000 339
2% -5%
2% 0% -0%
2%
$261,474 1%
2%
4%
3%
92 0% 3% 11%
1,492 -3%
-18%
$161 3% 3% 6%
339 -5%
-0%
$144 0% -1% 2%
92 0% 3% 11% 12%
4.4 2% -18% -18%
$161 3% 3% 6% 4%
92.5% .5% .0% -.6%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
April 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
$230,000 1,168
4%
$257,470
7%
12%
89
4%
$156
1,168
0%
3%
$145
89
7%
-21%
5.8
$156
1%
-.9%
92.5%
7% 0%
1%
0% 0%
7% 1%
1%
9%
9%
-8%
1%
-0% 9%
1%
4%
3%
-1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
300 200
391
0
50
50
100
250 150
200 100
150
Prices
14
15
The Median Sales Price in April was $235,000, equal to
Prices
$235,000 in April of 2016 and up 2.2% from $230,000 last
290
The
Median
Sales
Price Sales
in April
was in
$235,000,
to
month.
The
Average
Price
April was equal
$261,474,
up 3.8%
270
$235,000
in April in
of April
2016 of
and
up 2.2%
from
$230,000
last
from $252,006
2016
and up
1.2%
from $258,499
last
290
month.
Average
Price at in the
April
was $261,474,
up 3.8%
month. The
April
2017 Sales
ASP was
highest
level compared
to
250
from
in April
of 2016 and up 1.2% from $258,499 last 270
April $252,006
of 2016 and
2015.
month. April 2017 ASP was at the highest level compared to
250 230
16
Median Sales Price and Average Sales Price
316
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
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
April of 2016 and 2015.
$257,470
$144 0% -1% 2% 3%
$145
9%
4%
4.4 2% -18% -18% -21%
5.8
-8%
3%
of 92.5%
Properties
92.5% .5% .0% -.6% Number
-.9%
-0% Sold -1%
450
April Property sales were 339, down 0.3% from 340 in April of
400
2016 and 5.0% lower than the 357 sales last month. April 2017
Property
sales were Sales
at their lowest level compared to April of 2016 and 450 350
April
Property
sales sales
were of
339,
down
from 0.4%
340 in
April of
of last
2015.
April YTD
1,168
are 0.3%
running
ahead
400 300
2016
and
5.0% lower sales
than the
357 sales last month. April 2017
year's
year-to-date
of 1,163.
sales were at their lowest level compared to April of 2016 and
350 250
2015. April YTD sales of 1,168 are running 0.4% ahead of last
year's year-to-date sales of 1,163.
Trending versus*:
YTD
Prior YTD 4%
Prior Year
$230,000
2%
3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
17
3 Mo Avg
230 210
210 190
190 170
170 150
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
150
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
1,500
lowest level compared with April 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
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 4.4 a
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
4.4 and
months
was
at a mid
compared
with
April
months
2015. was at a mid level compared with April of 2016 and
2015.
500
0
500
0
.
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 D J F M A
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
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
2,000
was Total
1,492,
down 2.9%
from 1,536
last month
and
18.3%
The
Inventory
of Properties
available
for sale
as down
of April
from
1,826
in April
last 1,536
year. last
April
2017 and
Inventory
was at its 2,000
was
1,492,
down
2.9% of
from
month
down 18.3%
from
1,826
in compared
April of last with
year. April
April of 2017
was at its
lowest
level
2016 Inventory
and 2015.
1,500
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 informa tion.
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.