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September 2018

Found 5 blog entries for September 2018.

 

October is an amazing time of year in the Daytona Beach area.  It’s not too hot, not too humid, and there are so many activities to enjoy! Fall festivals are popping up everywhere, there are amazing fundraising events taking place, and of course bikers rumble into town to take part in the annual Biketoberfest.  Make sure to explore all the incredible local events taking place in Daytona Beach and the surrounding areas this month!

Port Orange Family Days

October 4-7

Join in the fun at the 2018 Port Orange Family Days at City Center.  Free Parking, Admission and Entertainment.  There is sure to be something for everyone! The festivities kick off on Thursday, October 4th, 4:00 – 10:00 p.m., and continue Friday 5:00 – 11:00 p.m.,

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After two months of sliding sales, the number of single family homes sold around the greater Daytona Beach area rose dramatically in August.

For the month ending on August 31, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 476 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $230,750. It amounts to a 10 percent increase in sales compared to the same month last year, and it’s a 4 percent rise in sales totals compared to July. Year to date, sales are up by 3 percent.

Median sales prices rose slightly, by 2 percent, compared to August 2017. And MLS reports show there was a similar gain in monthly comparisons. Year to date, median sales prices remain 7.3 percent

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Real estate and financial market experts are predicting a shift in the real estate markets in Florida and around the nation. That means now is a great time to take stock of where we are and how far we've come this year. 

Here's a look at how home prices have been doing around the US....

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Here are five reasons why listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! In fact, more often than not, multiple buyers end up competing with each other to buy the same homes.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now 

Housing inventory is still under the 6-month supply needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of

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Condo sales around the greater Daytona Beach area held steady in August, as prices rose in annual comparisons. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 155 condo units sold around the Daytona Beach area in August. That’s just a few sales shy of the 158 units sold in August 2017.  Similar to last year’s trend, MLS data shows a spike in August condo sales, compared to July. Condo sales were up by 12 percent in August, compared to the month prior. The reports also offered good news for Daytona condo owners’ home values as median sales prices climbed 8.3 percent to $242,000 over August 2017. Meanwhile, median prices were up by a hearty 27 percent, compared to July.

Year to date, median

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