Home sales were down dramatically across the Daytona Beach area in February.
For the month ending on February 28, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 286 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $235,500. It’s a nearly 19 percent drop in sales compared to the same month last year. Meanwhile, year-over-year comparisons showed median sales prices rose by 3 percent.
Compared to January, sales were up by 4 percent and prices were down by a nominal 1 percent. And year to date, single family home sales are down by more than 12.5 percent across the Daytona area, while prices are up by 5.7 percent.
Comparisons to previous months and 2018 SFR…