South Florida

Boynton Beach, FL

Single-Family Homes

Real Estate Market Reports



Boynton Beach, FL

Wed Dec 04 2024
This week the median list price for Boynton Beach, FL is $550,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 700. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Dec 04 2024
This week the median list price for Boynton Beach, FL is $550,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 700. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $550,000
Median Price of New Listings $555,000
Per Square Foot $286
Average Days on Market 104
Median Days on Market 70
Price Decreased 51%
Price Increased 3%
Relisted 11%
Inventory 700
Median Rent
Market Action 30
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,090,000 2,692 8,000 - 10,000 sqft 4 3 19 18 21 70
$634,900 2,199 6,500 - 8,000 sqft 3 2.5 26 10 16 63
$512,000 1,865 4,500 - 6,500 sqft 3 2 27 11 11 91
$384,995 1,428 4,500 - 6,500 sqft 2 2 43 16 18 63