The Wyse Report
Median Home Prices Soared With Steady Sales And Low Inventory Levels
For Immediate Release: April 20, 2016
(Daytona Beach, FL) –March home sales kept a steady pace as demand soared and inventory remained low, causing median sales prices to soar around the greater Daytona Beach area. The sales numbers emphasized the market’s recent swing into sellers’ favor indicated the 2016 Spring home sales season has kicked off with a strong start.
According to the Daytona Beach Multiple Listing Service (MLS), for the month ending on March 31, 2016, 458 existing single-family homes (detached) were sold in the Daytona Beach area with a median home sales price of $175,000. The figures represent a nearly 13 percent increase in median sales…