We’re back with our Ormond Beach Housing Update. My biggest takeaway is the list price is finally decreasing. Sellers are making adjustments to the average sales price when all last year they were roughly 40% too high. Sellers becoming realistic with buyers needs leads to a very healthy real estate market.
Ormond Beach Housing Update
January 2024
February 2023
February 2024
Percentage Difference
Number of Listings
531
333
548
65% Increase
New Listings
221
187
200
7% Increase
List Price
$399,000
$449,000
$440,000
2% Decrease
Sales Price
$341,000
$405,000
$424,000
5% Increase
Days on Market
120 Days
90 Days
120 Days
33% Increase
- Daytona Beach Housing Market Update
- Ormond Beach Housing Market Update
- Port Orange Housing Market Update
- New Smyrna Beach Housing Market Update
*housing market data based on Daytona Beach MLS
Thanks for reading,
Chris
