South Florida

Boynton Beach, FL

Single-Family Homes

Real Estate Market Reports


Boynton Beach, FL

Wed Oct 04 2023
This week the median list price for Boynton Beach, FL is $645,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 347. Click here to stay informed with the Boynton Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Boynton Beach, FL

Wed Oct 04 2023
This week the median list price for Boynton Beach, FL is $645,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 347. Click here to stay informed with the Boynton Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Boynton Beach market.
Median List Price $645,000
Median Price of New Listings $559,000
Per Square Foot $294
Average Days on Market 79
Median Days on Market 42
Price Decreased 38%
Price Increased 2%
Relisted 7%
Inventory 347
Median Rent
Market Action 43
Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,200,000 3,103 8,000 - 10,000 sqft 4 3 18 4 3 49
$710,000 2,477 6,500 - 8,000 sqft 3 2.5 24 7 4 42
$565,999 2,011 4,500 - 6,500 sqft 3 2 26 8 6 49
$404,500 1,505 4,500 - 6,500 sqft 3 2 39 10 13 28