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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Boynton Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 561-573-7053
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| Average Home Price | $300,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 25-30% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Boynton Beach is | Increasing |
| Seller Activity for the past 90 days in Boynton Beach is? | Increasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Miami, FL |
| Housing Hot Spots | Delray Beach, Wellington, Boca Raton |
| Average Sold Price | $300,000 - View Graph Trend |
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Carrie Trust
Siemens Group Realty
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