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Boynton Beach FL Real Estate Market Report - March 2012

By Elyse Berman, PA

Real Estate Agent with LoKation Real Estate 3087750

April 21, 2012 01:13 PM

Boynton Beach FL Real Estate Market Report - March 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 rose higher this month over last. In my opinion, we are still in a price-driven market. Prices increased in single family homes while they decreased in attached homes this month. There is a good supply of well-priced homes in the Boynton Beach area at this 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

340

168

172

DOM

151

155

148

LIST PRICE/

SALE PRICE

$ 160,515/

$ 150,041

( 94.11 % )

$ 93,534/

$ 86,440

( 93.63 % )

$ 225,939/

$ 212,162

( 94.58 %)

As of March 31, 2012 there were 767 Active Listings for sale in Boynton Beach. There were 461 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and 332 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.