Boynton Beach FL Real Estate Market Report for March 2018

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Real Estate Agent with LoKation Real Estate 3087750

 

 

Boynton Beach FL Real Estate Market Report for March 2018

 

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

pet friendly gated communities boynton beach fl

 

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

 

Closed sale prices on single family homes in Boynton Beach FL remained stable this month, along with price per square foot this month.

 

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

 

Single family houses closed for .96% of asking price while condos, villas and townhouses closed for .95% of asking price, up from last month.  Could be the shrinking inventory.   

 

Below  is a snapshot for how the market did in March 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.  

 

market report for boynton beach florida for march 2018

Boynton Beach Real Estate Report Summary

 

In March 2018 the average list price for single family homes in Boynton Beach FL was $ 380,195, which remained pretty much the same as last month.  The list price per square foot was $ 177, down slightly from the prior month.

 

In March 2018, the average sold price for single family homes in Boynton Beach was $ 365,653 with an average sale price per square foot of $ 170.  Average days on market was 78.  Prices remained stable on closed homes this month, as well as price per square foot, with homes closing for an average of .96% of list price again.  In other words, houses are selling pretty close to asking price.

 

In March 2018, the average list price for condos, villas and townhouses in Boynton Beach FL was $ 195,498, up from last month.  The list price  per square foot for condos, villas and townhouses in Boynton Beach was $ 140, also up slightly from last month.  

 

In March 2018 the average sold price for condos, villas and townhouses in Boynton Beach was $ 186,414 with an average price per square foot of $ 133.  Average days on market was 82.  Prices increased over the prior month in both closed sales and price per square foot.   Condos, villas and townhouses sold for an average of .95% of asking price this month.  Could very well be the shrinking inventory.

 

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

 

 

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Comments (7)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Elyse Berman, PA  I always enjoy your professional market reports on Boynton-Beach-fl-

Apr 15, 2018 02:27 PM
Elyse Berman, PA

Thank you Hannah Williams !  Have a wonderful week!

Apr 16, 2018 03:04 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Elyse- very thorough market report for Boynton Beach. I'm sure that buyers and sellers will welcome this information. 

Apr 15, 2018 06:08 PM
Elyse Berman, PA

Thank you Kathy!  I hope so. 

Apr 16, 2018 03:05 AM
Matthew Klinowski, PA
Downing Frye Realty - Naples, FL
Naples Golf Guy | Find Your Dream Lifestyle

Hi Elyse, thanks for the great review of the Boynton Beach market. Good to see the activity and I'm sure both buyers and Sellers will find this information helpful.

Apr 15, 2018 06:15 PM
Elyse Berman, PA

Hi Matt, Thank you and thanks for stopping by.   It's been crazy over here.  How is it over there?

Apr 16, 2018 03:00 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It appears as if you have a great handle on the Boynton Beach real estate market Elyse Berman, PA.  I would not hesitate referring any of my clients to you...

Apr 15, 2018 10:32 PM
Elyse Berman, PA

Thank you kindly for the vote of confidence Paul S. Henderson, REALTOR®,CRS, .  I would take excellent care of anyone you refer.  I've been in the Boca-Delray-Boynton area for 24 years, and we've moved 7 times!

Apr 16, 2018 03:07 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Elyse - very thorough analysis of the Boynton Beach market.  Buyers and sellers will be well served by your knowledge.

Apr 16, 2018 04:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elyse, great market update for Boynton Beach, and always nice to know how others markets are doing.

Apr 18, 2018 06:56 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Elyse I find it always interesting what other parts of the country have when it comes to Real Estate Market activity, and I always find it that different locations, different price points but the issues are the same as far as inventory is concerned, Endre

Apr 19, 2018 11:17 PM