Home Prices in Boynton Beach Florida for February 2017
Real estate market data for Boynton Beach, FL provided by Elyse Berman of Realty Associates Florida Properties.
Prices of closed sales on single family homes in Boynton Beach Florida decreased in February 2017, while condos, villas and townhomes increased. Below is a snapshot for how the market did in February 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 February 2017, the average list price for single family homes in Boynton Beach was $ 322,253. The list price per square foot was $ 167. List price shows a slight decrease from last month while price per square foot remained the same.
In February 2017, the average sold price for single family homes in Boynton Beach was $ 308,818 with an average price per square foot of $ 160. This shows a slight decrease in the price of closed homes and a slight decrease in price per square foot.
In February 2017, the average list price for condos, villas and townhouses in Boynton Beach FL was $ 181,990. The price per square foot for condos villas and townhouses in Boynton Beach was $ 132. There was a slight increase in condos, villas and townhouses, along with price per square foot, over the prior month.
In February 2017, the average sold price for condos, villas and townhouses in Boynton Beach was $ 171,053 with an average price per square foot of $ 124. Prices increased slightly over last month, while price per square foot remained the same.
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.
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.
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.
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