Illustrated Properties Luxury Report

BOYNTON BEACH & OCEAN RIDGE WATERSPORT | FISHING | SHOPPING

Two county parks and a natural area make Ocean Ridge a maritime, eco-tourist haven. Ocean Inlet Park has a jetty and marina access open 24 hours, making this an excellent spot for boaters and jet skiers to dart to the ocean or Intracoastal Waterway. Boynton Beach, just north of Delray Beach and south of Palm Beach, offers visitors all varieties of seaside recreation, plus enticing shopping. The Boynton Beach Inlet provides nearly direct access to some of the most beautiful coral and artificial reefs. in the Palm Beaches. Boynton Beach’s Oceanfront Park easily earns its reputation as one of South Florida’s most attractive beaches.

Single Family Homes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

SINGLE FAMILY HOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

54

70

46

▼14.8%

▼34.3%

Average Sales Price

$1,491,678

$1,765,198

$1,746,009

▲17.0%

▼1.1%

Median Sales Price

$1,245,000

$1,300,000

$1,317,500

▲5.8%

▲1.3%

Average Square Footage

3,273

3,458

3,372

▲3.0%

▼2.5%

Price Per Square Foot

$484

$497

$534

▲10.4%

▲7.3%

Average DOM

61

72

56

▼8.9%

▼22.8%

Sales Sold at Original List Price

10

4

4

▼60.0%

▲0.0%

Top Sale Price

$3,925,000

$6,800,000

$6,900,000

▲75.8%

▲1.5%

Total Sale Volume

$80,550,603

$123,563,885

$80,316,400

▼0.3%

▼35.0%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

4

7

2

▼50.0%

▼71.4%

Average Sales Price

$1,673,750

$2,060,714

$1,882,500

▲12.5%

▼8.6%

Median Sales Price

$1,322,500

$1,650,000

$1,882,500

▲42.3%

▲14.1%

Average Square Footage

2,017

2,643

2,179

▲8.0%

▼17.6%

Price Per Square Foot

$832

$771

$841

▲1.1%

▲9.1%

Average DOM

46

38

143

▲210.9%

▲280.6%

Sales Sold at Original List Price

3

1

0

▼100.0%

▼100.0%

Top Sale Price

$2,850,000

$4,000,000

$2,740,000

▼3.9%

▼31.5%

Total Sale Volume

$6,695,000

$14,425,000

$3,765,000

▼43.8%

▼73.9%

Top Residential Sale $6.9M 1 OSPREY CT, OCEAN RIDGE, FL 33435

LUXURY REPORT

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