Boynton Beach Real Estate Market Conditions & Reports, Boynton Beach Market Trends, Florida

Market Commentary Provided by Carrie Trust
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

Report Date

Winter 2010

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Carrie Trust
RE/MAX Direct
Boynton Beach, Florida
561-573-7053
ctrust371@earthlink.net
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Nearest Metro Area

Miami, FL

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$500,000 - $549,000

Compared to Last Year

Down 25-30%

Prices As % of Asking Price

85-90%

Multiple Offers?

Greatest Activity

First Time 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

Is Financing Available For Qualified Buyers in Boynton Beach?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

10-15%

Housing Hot Spots

Delray Beach, Wellington, Boca Raton

Reason to Buy/Sell

Population Growth

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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