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April 2017

Found 5 blog entries for April 2017.

(Daytona Beach, FL) –The busy spring home sales season launched with fervor in March around the greater Daytona Beach area real estate market. 

For the month ending on March 31, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 453 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $199,900. It amounts to a slight reduction in sales and 14 percent jump in median sales prices, year over year. Compared to February, month over month comparisons showed prices remained strong and steady as sales totals skyrocketed by more than 36 percent as part of the spring season’s usual ramp up in home sales.   

Comparisons to previous months and 2016 SFR sales figures are below: 

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It has been a long wait since developers announced plans to erect a new 12-story luxury condo building in Daytona Beach Shores.

The Aruba Condominiums, a new oceanfront development in Daytona Beach Shores by Aruba Ventures, LLC, has finally finished the pre-construction condo sales phase and will soon move to the next phase. The project is set to finally break ground in August and with demolition and construction moving into full swing.

"We are excited to be moving forward with the construction of the Aruba," Grady Miars, president of GreenPointe Communities (the company that will manage the Aruba), said in a news release. "We look forward to welcoming the Aruba's new homeowners to their new oceanfront condominium!"

The complex will rise in

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It's springtime and this is Florida, which means festival fun abounds for residents and visitors of all ages and backgrounds! Here's a look at some of the festival fun around Daytona Beach this month:

Celtic Festival

If your family heritage runs from a line Indo-European cultures, such as the Irish, Scottish Gaelic, Welsh, Breton, Manx, or Cornish decent, you may want to check out the annual Ormond Beach Celtic Festival and Highland Games. Running April 22-23 at the Casements on Ormond Beach (located at 25 Riverside Drive), be there as the sounds of bagpipes fill the air at Rockefeller Gardens. Headliner Brendan Nolan will showcase the event that includes four stages of music, two days of highland games, authentic Celtic food, vendors selling

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Median sales prices in the Daytona area condo market recovered from February’s temporary pricing dip and returned to the strong range the area saw as 2017 began. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by The Wyse Home Team at Keller-Williams Realty showed there were 130 condo sales in January with a median sales price of $184,000. It’s a 6.5 percent increase from the sales totals seen the same month a year ago, and a 14 percent increase from February’s sales. Meanwhile, median sales prices fully recovered from February’s price dip and the month ended with prices up 21 percent, year over year.   

Meanwhile, inventory levels worsened in March as demand for area condos increased. Condo buyers in March were forced to search

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The city jumped for joy when Bayshore Capital excitedly announced a few years ago that a Hard Rock Hotel and Cafe would be built along The World's Most Famous Beach. The city was then equally crushed when the project later was scrapped amid slow condo pre-sales and controversy over beach driving.

All hope for a Hard Rock is not lost, though. 

In fact, recent news reports indicate chances are increasingly good that a Hard Rock Hotel will eventually grace the shoreline along Daytona Beach, putting the city on an exclusive, short list of the hotel chain's International locales.

Although much work, time and money was invested in buying land on the 700 block of South Atlantic Avenue and preparing the original Hard Rock Hotel project plans, it's not

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