Home Prices in Boynton Beach Florida for June 2017
Real estate market data for Boynton Beach, FL provided by Elyse Berman of Realty Associates Florida Properties.
Home prices in Boynton Beach, FL showed a decrease in June. Boynton Beach sales were hot! Prices of closed sales on single family homes in Boynton Beach decreased and and sold for close to asking price and above, while condos, villas and townhomes showed a decrease in closed sales. Price per square foot increase ever so slightly.
Below is a snapshot for how the market did in June for home prices in Boynton Beach FL.
Many of our listings are selling within a few days of hitting the market. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Boynton Beach home on which you are making an offer. Don't wait on the sidelines for too long. Rising interest rates and low inventory indicate you should be looking now.
If you are considering buying a home you can still find deals on a house in Boynton Beach, but having a good real estate agent who understands the market is a must.
If you are interested in how much current inventory is on the market in Boynton Beach you can find that information by clicking on the link.
Low inventory suggests that homes are not sitting on the market for very long, That is the market we are in. Low inventory in Boynton Beach has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Boynton Beach Real Estate Report Summary
In June 2017, the average list price for single family homes in Boynton Beach was $ 354,334. The list price per square foot was $ 172. Both list price and price per square foot show a decrease from last month.
In June 2017, the average sold price for single family homes in Boynton Beach was $ 342,212 with an average price per square foot of $ 167. Average days on market was 67. This shows a decrease in both price of closed homes, as well as price per square foot over last month with houses closing for an average of .97% of list price. In other words, houses are selling for pretty close to asking price.
In June 2017, the average list price for condos, villas and townhouses in Boynton Beach FL was $ 175,766. The price per square foot for condos, villas and townhouses in Boynton Beach was $ 132. Listing prices decreased in condos, villas and townhouses, along with price per square foot, over the prior month.
In June 2017, the average sold price for condos, villas and townhouses in Boynton Beach was $ 175,861 with an average price per square foot of $ 136. Average days on market was 79. Prices decreased from last month; while price per square foot increased. Condos, villas and townhouses sold for an average of 1.00% of asking price.
Find Homes for Sale in Boynton Beach Florida
Visit my website to search for homes in Boynton Beach or to be notified when Boynton Beach homes for sale come on the market.
To find out what you home is worth in the current market email me or call 561-716-7824.
For more information about pet-friendly housing in Boca Raton FL and Boca Raton or Delray Beach Real Estate, please contact me. I am a Boca Raton Real Estate Agent and can be reached at (561) 716-7824, by text or by email at Elyse@ElyseBerman.com.
All information deemed accurate but not guaranteed or warranted.
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