Equus in Boynton Beach, FL: There Really is No Place Like Home
Equus in Boynton Beach, FL: There Really is No Place Like Home
Grand kitchens with custom cabinets, stainless steel name brand appliances, and wood, tile, or marble floors are available throughout nearly every one of properties for sale in Equus. Open living areas with Berber carpet, hardwood floors, coffered ceilings, intricate crown molding, grand marble or granite fireplaces, and marble walkways are abundant throughout these Boynton Beach, FL homes. Master bedroom and bathroom suites in many of these homes include movie star sized walk-in closets, Berber carpet, separate sitting area, whirlpool tub and five piece bath with bidet, and custom cabinetry. Expect to find formal dining rooms with marble and hardwood floors, and crystal chandelier in several of these homes for sale in Equus. One home even has a beautiful Jerusalem stone wall, and many have private pools with spa in the enormous back yard, some nearly acre. Entertaining is simple with large custom media rooms with wet bar and wine chilling appliances. Specific property amenities vary within this Boynton Beach, FL community, but the right home is available for even the most sophisticated buyer. Horseback riding and on-site paddocks, rarely available in Boynton Beach, FL communities in addition to tennis courts, cabana parties, and nature walks await you at Equus in Boynton Beach, FL. The spectacular lake views and year round warm climate make walking outside an enjoyable adventure.
This quarter there are 27 properties on the market in Equus located in Boynton Beach, FL. This is not a significant change from last quarter, as new homes are constantly being placed on the market by GL Homes. Eight properties are under contract marked pending, while only one is marked contingent. The difference between contingent and pending is that properties under contract marked contingent still have some part of the sales agreement that needs to be fulfilled such as approved financing or an inspection, whereas a pending property is much closer to closing, as most of the sales contract stipulations have been fulfilled.
Eighteen of the twenty-seven houses in Equus are still available for purchase. Twelve of these amazing Equus homes are traditional sales, with an additional two short sales and four bank owned or builder owned homes. Both of the builders who were originally building homes in this complex were affected by the downturn in the market. They sold the remaining lots to GL Homes who is releasing a plethera of new Equus houses each quarter. Their distribution of newly built homes for sale in Equus in Boynton Beach, FL accounts for the lack of change in property volume quarter over quarter. These newer homes in Equus are not quite as full of amenities as the properties up for resale. However, this development is splendidly charming, in a wonderful location where Lions and Boynton Beach Blvd meet., and only moments away from shopping and the turnpike.
The prices for Equus properties for on the market have risen since the last quarter with the lowest priced home currently available for $499,900 with three bedrooms and three bathrooms. This Boynton Beach property includes over 2700 square feet of living space. The most spectacular, and expensive property for sale in Equus is $1.6M and boasts a spacious 5,772 sq ft of living area, 5 bedrooms, and 5.5 bathrooms. If you are shooting for a house in the middle price range you will enjoy Equus properties in the median range of $737,000, and include five bedrooms, four bathrooms, and a little over 4300 square feet of living space. Interested property seekers should move quickly as the price per square foot has risen $49 since last quarter to $200 per square foot. This statistic shows that house values in Equus in Boynton Beach, FL are firming up, even with the increase of newly built properties coming on the market. Resale properties, although a little bit more luxurious, tend to be a little less pricey for the listed amenities.
6 homes sold last quarter in Equus. The mediam size of a home that sold in Equus was four bedrooms, four bathrooms with a little over 3,600 square feet. Median sales prices per sq ft in Equus were far lower at $151 last quarter. This is relative to the increase seen in the low end of prices, the rise in the average price, and the escalation in the average size of homes for sale in Equus, in Boynton Beach, FL. These homes spent 149 days on the market as some of the older inventory was cleaned out. 5 of the 6 homes were sold as traditional sales, and 1 was a cash deal purchased by an investor at an auction house. The bank owned house was a little beat up, but had amazing lake views, and was quickly resold. It is imperative to look at the last quarters previous sales as it assists us to gauge the strength of the community.
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