$1,657 Closing Credit*
$139,500
729 SqFt
2 Beds
•1 Full Bath
Anthony Diamante, Listing Office: Diamante Real Estate LLC
Is Boynton Beach-Delray Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Boynton Beach-Delray Beach was a Seller's Market.
Key Takeaway
Boynton Beach-Delray Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boynton Beach-Delray Beach, FL
How much do homes in Boynton Beach-Delray Beach, FL cost?
Median Sold Price
$399,569
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,280(+5.9%)
Key Takeaway
Homes in Boynton Beach-Delray Beach have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Boynton Beach-Delray Beach was $399,569 in November 2024, up 5.9% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $150K | -0.7% |
| 2 Bedrooms | $282.4K | $280.2K | -0.8% |
| 3 Bedrooms | $475K | $491.2K | +3.4% |
| 4 Bedrooms | $695.8K | $706.5K | +1.5% |
| 5+ Bedrooms | $1.0M | $1.1M | +8.6% |
Summary: Boynton Beach-Delray Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Delray Beach | $351.7K | $373.6K | +6.2% |
| Boynton Beach-Delray Beach | $377.2K | $399.5K | +5.9% |
| Boynton Beach | $398.6K | $415.5K | +4.2% |
Housing Supply in Boynton Beach-Delray Beach, FL
How many homes are available in Boynton Beach-Delray Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,663 | 3,966 | +8.3% |
Summary: The Boynton Beach-Delray Beach real estate market had 3,966 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 352 | 366 | +4.0% |
| 2 Bedrooms | 1,675 | 1,828 | +9.1% |
| 3 Bedrooms | 1,195 | 1,304 | +9.1% |
| 4 Bedrooms | 298 | 308 | +3.4% |
| 5+ Bedrooms | 143 | 160 | +11.9% |
Summary: The Boynton Beach-Delray Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 11.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 485 | 317 | -34.6% |
Asking Price vs. Sold Price
252 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boynton Beach-Delray Beach, you may be able to get a good deal. 79.5% of homes here sold below asking price last month.
Summary: A total of 317 homes were sold or pending in Boynton Beach-Delray Beach in November 2024, down by 34.6% month-over-month. Of the 317 sold homes, 79% were sold under asking, 15% were sold at asking, and 5% were sold over asking.
Days on Market for Boynton Beach-Delray Beach, FL
How long does it take to sell a home in Boynton Beach-Delray Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 67 Days | +72.9% |
Summary: Homes in Boynton Beach-Delray Beach had an average of 67 days on market in Nov 2024, up by 72.9% compared to last year.
Breakdown of Home Sale Times
135 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
95 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boynton Beach-Delray Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 317 homes were sold in Boynton Beach-Delray Beach; 43% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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