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Boynton Beach FL Real Estate Market Report - August 2012

By Elyse Berman, PA

Real Estate Agent with LoKation Real Estate 3087750

September 16, 2012 11:47 AM

Boynton Beach FL Real Estate Market Report - August 2012

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The Boynton Beach Real Estate Market continues to show that when homes are priced right, they sell. Overall, the total number of closed sales in Boynton Beach was down again this month over last. In my opinion, we are still in a price-driven market. Prices decreased slightly overall across the board this month over last. However, there was an increase in attached housing while there was a decrease in single family homes in closed sales. Inventory remains tight. This is a new phenomenon we have not seen in quite some time.

The chart below is based on information taken from the Multiple Listing Service and sold by various MLS participants. It does not include private sales. It is deemed accurate but not guaranteed or warranted.

Here is the breakdown:

TOTAL

ATTACHED

DETACHED

TOTAL

308

128

180

DOM

155

157

153

LIST PRICE/

SALE PRICE

$ 164,189/

$ 156,461

( 95.32 % )

$ 114,897/

$ 108,326

( 94.35 % )

$ 199,241/

$ 190,690

( 96 %)

As of August 31, 2012 there were 764 Active Listings for sale in Boynton Beach. There were 483 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and 318 properties that were Pending Sale waiting to close.

Please note that these numbers are a broad reference point. Always consult a Boca Raton Real Estate Agent for information on the specific community you're interested in.

For more information on the Boynton Beach Real Estate Market or to buy or sell a home in Boca Raton, Delray Beach, Highland Beach or Boynton Beach, please contact me. I am a Boca Raton Real Estate Agent. I can be reached at (561) 716-7824 or by email at Elyse@ElyseBerman.com.