We're back with our Daytona Beach Housing Update. My biggest takeaway is the increase in number of days on market. 160 days is a very long time. Sure the list price is 28% higher but that is standard for Volusia County. You would think Winter for Daytona Beach would be a hot time for listings. That certainly wasn't the case this Winter. Looking forward to tracking this during the Spring. Daytona...
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...
We're back with our Port Orange Housing Update. My biggest takeaway is the days on market is stabilizing with 90 days on market. If you're a seller you should expect to sit on market without an offer for 45-60 days. Big change from 2022 where the average days on market were 55. Port Orange Housing Update January 2024 February 2023 February 2024 Percentage Difference Number of...
We're back with our New Smyrna Beach Housing Update. My biggest takeaway is the increase in average sales price. I believe it's an outlier of a month that had a few big closings. The median sale price was down 15% from last year. New Smyrna Beach Housing Update January 2023 February 2023 February 2024 Percentage Difference Number of...
The ever-widening gap between U.S. median house prices and median income is a pressing issue that affects millions of Americans. Over the past few decades, we've witnessed a significant divergence: while house prices have soared, wages have stagnated, adjusting for inflation. This disparity has made homeownership an increasingly elusive dream for many, particularly for first-time buyers and middle-class...
I have an amazing new listing in my neighborhood, 1768 Creekwater! Unleash your living potential in Waters Edge! This well-maintained home boasts flexibility at every turn, starting with a spacious air-conditioned 3rd car garage offering endless possibilities (workshop, gym, extra storage?). Step inside to a split-bedroom layout featuring a formal living & dining room, plus an open kitchen that flows...
We're back with our Ormond Beach Housing Update. My biggest takeaway is the amount of new listings coming to market. The highest percent increase in Volusia County. It hasn't been affecting it's sales price as that's been increasing. Ormond Beach Housing Update December 2023 January 2023 January 2024 Percentage Difference Number of...
We're back with our Daytona Beach Housing Update. My biggest takeaway is the decrease in sales price. I believe this was just an outlier month as December was stronger than January. I'll be monitoring this to see what happens! Daytona Beach Housing Update December 2023 January 2023 January 2024 Percentage Difference Number of Listings 922 602 929 54%...
We're back with our Port Orange Housing Update. My biggest takeaway is the decrease in sales price. I believe this was just an outlier month as December was stronger than January. I'll be monitoring this to see if they're decreasing or increasing. Port Orange Housing Update December 2023 January 2023 January 2024 Percentage Difference Number of Listings 254 192 262 36% Increase New...
We're back with our New Smyrna Beach Housing Update. My biggest takeaways are the number of active listings. 111% increase from this time last year is a huge increase. Why for the increase? Well by looking at the data, sellers who are putting their house on the market are asking way too much. Sellers are asking for 31% more than the average sales price. New Smyrna Beach Housing...