Boynton Beach FL Real Estate Market Report for February 2018

By
Real Estate Agent with Best Connections Realty, Inc. 3087750

 

 

Boynton Beach FL Real Estate Market Report for February 2018

 

Real estate market data for Boynton Beach, FL provided by Elyse Berman of Best Connections Realty, Inc.

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Home prices in Boynton Beach, FL  again showed a mixed bag.

 

Closed sale prices on single family homes in Boynton Beach FL showed an increase along with price per square foot this month.

 

Houses sold for close to asking price, while condos, villas and townhouses, decreased from the prior month.

 

Single family houses closed for .96% of asking price while condos, villas and townhouses closed for .94% of asking price.     

 

Below  is a snapshot for how the market did in February 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 FL 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.  Houses priced right sell within days of listing.  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.  

 

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Boynton Beach Real Estate Report Summary

 

In February 2018 the average list price for single family homes in Boynton Beach FL was $ 384,497, up from last month.  The list price per square foot was $ 180, also up from the prior month.

 

In February 2018, the average sold price for single family homes in Boynton Beach was $ 367,663 with an average sale price per square foot of $ 173.  Average days on market was 88.  Prices showed an increase on closed homes this month, as well as price per square foot, with homes closing for an average of .96% of list price.  In other words, houses are selling pretty close to asking price.

 

In February 2018, the average list price for condos, villas and townhouses in Boynton Beach FL was $ 185,0811, down from last month.  The list price  per square foot for condos, villas and townhouses in Boynton Beach was $ 138, also down from last month.  

 

In February 2018 the average sold price for condos, villas and townhouses in Boynton Beach was $ 172,820 with an average price per square foot of $ 130.  Average days on market was 89.  Prices decreased over last month in both closed sales and price per square foot.   Condos, villas and townhouses sold for an average of .94% of asking price.  

 

Find Homes for Sale in Boynton Beach Florida

 

Visit my website to be notified when Boynton Beach homes for sale come on the market or to search for homes for sale in Boynton Beach - pet friendly or otherwise!

 

 

To find out what you home is worth in the current market email me or call/text 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 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.

 Boynton Beach FL Real Estate Market Report - January 2018

 

 

Posted by

Elyse BermanFor information about pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me. I am a Boca Raton Real Estate Agent.

Contact Elyse:
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824

Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.

 

REVIEWS FOR ELYSE BERMAN | SEARCH ALL ACTIVE LISTINGS

 

 

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Disclaimer:  The information contained in this blog should not be solely relied upon and should be independently verified by professional sources.  The opinions expressed herein are solely mine. 

All information is deemed accurate but not guaranteed. All statistical information was obtained from BMLS.   Many articles may be time and date sensitive.  Please be sure to look at the date it was posted. 

No reproduction is permitted without the author's express permission.

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Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good day Elyse Berman, PA 

Thank you for sharing your information with us

Have a great day. 

Mar 12, 2018 05:37 PM #1
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great market report Elyse Berman, PA  on Boynton-Beach-fl- wonderful information

Mar 12, 2018 06:07 PM #2
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

What beautiful views to have and the weather is not to shabby either in Boynton Beach FL. You are the agent to help clients in the market for real estate. 

Mar 12, 2018 07:02 PM #3
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
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Good evening Elyse - certainly a strong market.  With interest rates still low buyers should commit now.

Mar 12, 2018 08:50 PM #4
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Elyse. All I need to know about Boynton Beach real estate is your phone number. Problem solved. Enjoy your day!

Mar 13, 2018 04:59 AM #5
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Elyse Berman, PA

Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR
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