Tuesday, March 10, 2015

Boynton Beach, FL Bank Foreclosure Market [Video] Report





Bank Foreclosure Homes for Sale in Boynton Beach, FL

The following is a market report on Bank Foreclosures in Boynton Beach, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com . In this Market report we will cover the current homes on the market, the current market prices and the statistics of the sales of the 90 day sold properties including financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the foreclosure market in Boynton Beach, FL.
 

Current Bank Owned Homes for Sale

  • 93 homes listed
  • 32 marked Pending
  • 15 marked Active Contingent
  • 46 home available for purchase
 

Market Activity on Boynton Beach MLS Listings (10 Days)


Boynton Beach, FL Bank Foreclosures
Boynton Beach, FL Bank Foreclosures
  • 6 New Listings
  • 7 listings with a Price Change Reduction
  • 1 listing is Back on the Market
 

Market Prices of Listed Properties

  • Lowest available property is $177,000 for two bedrooms with two bathrooms and 1,728 square feet under air.
  • Highest priced property is $875,000 for five bedrooms with five bathrooms and 6,245 square feet under air.
  • Median home price is $275,000
 

Recently Sold Homes (90 Days)

  • 45 properties have sold
  • Average sales price was $279,000
  • Average sales price per square foot was $124
  • Range in average price per square foot $86 to $183
  • Average Days on Market 77 days
 

MLS Listings with full details and large photos

Financing terms of the Sold Real Estate

  • 21 were Cash deals
  • 15 were Conventional deals
  • 6 were FHA/VA
  • 3 was an Assumable Mortgage
 

Sales to List Price of Recently Sold Houses

This information has been provided to see the relationship of the actual sold price of a home to the asking list price.
  • Low end was 74%
  • Average was 97% (3% discount of the asking prices)
  • High end was at 120% of the asking price
 

Looking for Real Estate Agent?

If you are looking to buy or sell a home in Boynton Beach, FL please let me put my experience to work for you. I have extensive knowledge of the homes within this area and the surrounding areas. You can contact me at 561-336-6333 or visit me online at www.BuyingPalmBeachHomes.com

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