The busy spring home sales season is launching around the greater Daytona Beach area real estate market, but buyers are struggling to find homes and sales are sliding downward.
For the month ending on April 30, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 407 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $210,000. It amounts to 5 percent reduction in sales and a nearly 17 percent jump in median sales prices, year over year. Compared to March, month over month comparisons showed prices climbed by more than 5 percent and sales totals fell by more than 10 percent.
Comparisons to previous months and 2016 SFR sales figures are below:
- April 2017: 407