FL ARCHIVED June 2017 | Page 122

Market Action Report
June 2017
Boynton
Beach
Market Action Report
City: Boynton Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 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
$262,450
1%
1%
Other
$320,700 Trending
-1% versus*:
-6%
Month
LM 3%
L3M 6%
PYM 16%
LY
$255,000
$262,450
1% -1% 6%
1% 19%
$291,646
$320,700 1,364
-1% -3% -6% -18%
$255,000 382
3% 6%
6% 16% 3%
11%
$291,646 -1%
6%
19%
15%
85 -4% -4% 10%
1,364 -3%
-18%
$165 1% 2% 4%
382 6%
3%
$160 1% 6% 17%
85 -4% -4% 10% 4%
3.6 -9% -11% -21%
$165 1% 2% 4% 6%
93.2% .1% .5% .4%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
June Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
June
Sales
Price
June Median
Number
of Properties
Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
June Number of Properties Sold
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
June Sale Price vs List Price Ratio
June Sold Price per Square Foot
$160 1% 6% 17%
3.6 -9% -11% -21%
93.2% .1% .5% .4%
June Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Y ear / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
450
June Property sales were 382, up 2.7% from 372 in June of 2016
and 6.4% higher than the 359 sales last month. June 2017 sales 400
Property
Sales
were at a mid
level compared to June of 2016 and 2015. June 450 350
June
382, up 2.7%
372
June
of 2016
YTD Property
sales of sales
1,937 were
are running
3.9% from
ahead
of in
last
year's
year-to-
and
6.4%
higher
than the 359 sales last month. June 2017 sales 400 300
date
sales
of 1,865.
were at a mid level compared to June of 2016 and 2015. June
350 250
4% 3%
7% 7%
2%
10%
7%
-10%
3%
0%
6%
$159
1,937
4%
15%
$150
88
7%
-37%
5.2
$159
2%
-.1%
92.7%
7%
3%
7%
-7%
-1%
3 Mo Avg
3 Mo Avg
300 200
322
0
50
50
100
250 150
200 100
150
Prices
14
The Median Sales Price in June was $255,000, up 15.9% from
Prices
$220,000 in June of 2016 and up 2.8% from $248,000 last
290
The
Median
Sales
Price Sales
in June
was in
$255,000,
15.9% from
month.
The
Average
Price
June was up
$291,646,
up
$220,000
in June
of 2016
last
18.6% from
$245,905
in and
June up of 2.8%
2016 from
and $248,000
down 0.8%
from 290 270
month.
The last
Average
Sales
Price
in June
up level
$293,859
month.
June
2017
ASP was
was $291,646,
at the highest
270 250
18.6%
from $245,905
June and
of 2016
and down 0.8% from
compared
to June of in 2016
2015.
$293,859 last month. June 2017 ASP was at the highest level
250 230
15
16
235
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
14
15
16
17
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
Median Sales Price and Average Sales Price
0
compared to June of 2016 and 2015.
$237,000 1,937
5%
$270,351
9%
4%
88
Number of Properties Sold
YTD sales of 1,937 are running 3.9% ahead of last year's year-to-
date sales of 1,865.
Trending versus*:
Prior YTD 5%
Prior Year 3%
11% YTD
$237,000
15%
$270,351
9%
7%
15%
$150
10%
7%
-37%
5.2 -10%
-7%
Number
of 92.7%
Properties
-.1%
0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
210 190
190 170
170 150
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
150
15 A M J J A S O N D J F M 16
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M J
14
15
16
17
1,500
lowest level compared with June 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 June
2,000
was Total
1,364,
down 3.4%
from 1,412
last month
and
18.4%
The
Inventory
of Properties
available
for sale
as down
of June
from
1,671
in June
last 1,412
year. last
June
2017 and
Inventory
was at its 2,000
was
1,364,
down
3.4% of from
month
down 18.4%
from
1,671
in June
of last with
year. June
June 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
MSI is better
for buyers.
June 2017
MSI while
of 3.6 a
500
higher
MSI
is better
for buyers.
June 2017
of 3.6
months
was
at its lowest
level The
compared
with MSI
June
of 2016 and
months
0
2015. was at its lowest level compared with June of 2016 and
0
2015.
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 J
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
122 | 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.