Is Boynton Beach-Delray Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boynton Beach-Delray Beach is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Boynton Beach-Delray Beach has remained a Seller's Market.

Key Takeaway

Boynton Beach-Delray Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Boynton Beach-Delray Beach, FL cost?

Median Sold Price

$292,560

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$32,659(+12.6%)

Key Takeaway

Homes in Boynton Beach-Delray Beach have sold for 12.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $84.9K$99.9K
+17.7%
2 $174.9K$204.8K
+17.1%
3 $317.7K$375.2K
+18.1%
4 $431.4K$549.9K
+27.5%
5+ $565.2K$715.5K
+26.6%

Median Sold Price Compared To Nearby Cities

Gulf Stream
+53.3%
Delray Beach
+27.0%
Boynton Beach-Delray Beach
+12.6%
Boynton Beach
+10.5%

How many homes are available in Boynton Beach-Delray Beach, FL?

Number of Homes For Sale

Nov 2021Dec 2021%
2,3232,165-6.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 199210
+5.5%
2 1,004988
-1.6%
3 799672
-15.9%
4 205193
-5.9%
5+ 116102
-12.1%

Number of Homes Sold

Nov 2021Dec 2021%
674641-4.9%

Asking Price vs. Sold Price

296 Homes Were Sold
Under Asking

137 Homes Were Sold
At Asking

208 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boynton Beach-Delray Beach, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
53 Days25 Days-53.1%

Breakdown of Home Sale Times

491 Homes Were Sold
Under 30 Days

113 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boynton Beach-Delray Beach are selling fast, if you're buying plan to act quickly.

About Boynton Beach-Delray Beach, FL

Number of homes for sale in Boynton Beach-Delray Beach, FL real estate market have reached 2,165. The number of listings in Boynton Beach-Delray Beach, FL decreased by 6.8% between November 2021 and December 2021. In December 2021 median list price was $292,560 and the average listing age was 25 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 17.7%, the cost of 2 bedrooms properties went up by 17.1%, 3 bedrooms properties became 18.1% more expensive, prices of 4 bedrooms properties went up by 27.5%, 5 bedrooms properties became 26.6% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 5.5%, number of 2 bedrooms homes decreased by 1.6%, the quantity of 3 bedrooms homes went down by 15.9%, 4 bedrooms homes inventory decreased by 5.9%, number of 5 bedrooms homes decreased by 12.1%. In December 2021 more than 208 listings in Boynton Beach-Delray Beach, FL were sold above the asking price. During the same period more than 137 listings were sold at asking price, while more than 296 were sold below.

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