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September 2019

Found 3 blog entries for September 2019.

Home values are on strong footing across the nation, according to the latest Homeowner Equity Report from CoreLogic, but Florida continues to have a higher than average number of homes that are upside down. 

According to this latest quarterly report, homeowners around the country have enjoyed an average 4.8 percent increase in their home values since the second quarter of 2018. Roughly 63 percent of homes in the country saw their home values rise, by a collective $427 BILLION. 

"We've seen a lot of local homeowners finally turn the corner on home debt taken out during the boom," said Ron Wysocarski, CEO and Broker of Wyse Home Team Realty. "But prices have been climbing fairly fast in the last couple years, so we're also seeing people pushing

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The median sales price rose as home sales fell in the Daytona Beach area during August.

For the month ending on August 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 465 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $245,900. That’s 5.6 percent lower than sales were in August 2018, and it’s a full 10 below the number of homes sold during July. Meanwhile, the median sales price in August was slightly higher than in July, but reports show it was 6 percent over August 2018.

Year to date, there have been 23 fewer single family home sales across the Daytona Beach area than took place during the same period of 2018. The median sale price for homes sold in the

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Daytona area condo sales for the third consecutive month in August. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed another notable drop in condo sales during the month of August, compared to condo sales a year ago. There were 138 condo units sold around the Daytona Beach area in August. That’s almost a 19 percent decline in sales, year over year. Sales volume was down by 14 percent in annual comparisons.  

The median condo sales price in August also was down in annual comparisons. The median price of condo sales in the Daytona area during August was $225,500, MLS reports show. That’s a 14 percent decline in the median price, compared to August 2018. There was one piece of good news in the MLS

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