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All Blog Entries by Ron Wysocarski

Found 412 blog entries published by Ron Wysocarski.

The Daytona Beach area real estate market performed slightly better than industry experts expected in 2019.

The economists at Realtor.com told Forbes magazine early in the year that sales across the Volusia County area could fall as much as 1.3 percent during 2019. However, median home prices were expected to rise by 6.3 percent, placing it among the top 5 areas in the nation expected to see price gains in 2019.

According to the Daytona Beach Multiple Listing Service (MLS) 8,862 properties were sold in 2019, with a median sales price of $214,900. That’s down by less than half a percent over sales in 2018. And it represents a healthy 7.4 percent increase in the median sales price, year over year.

Meanwhile, sales of detached, single family homes

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Daytona’s condo market conditions in 2019 fell short of optimistic predictions made by industry experts as the year began.

The economists at Realtor.com told Forbes magazine early in the year that they anticipated Volusia County would see an estimated 6.3 percent increase in home prices, placing it among the top 5 areas in the nation expected to see price gains in 2019. Although the overall housing market fell largely in line with those expectations, the predicted median price gains did not materialize in Daytona’s condo market.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 1553 condo sales across the area from January 1 to December 31. The units sold had a median sales price of $209,000.

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Single family home sales fell in November across the Daytona Beach area.

For the month ending on November 30, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 354 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $240,000. The sales are 3.5 percent lower than in November 2018, and 16 percent below home sales totals in October. Year to date, only about 12 more homes were sold across the Daytona Beach area than were sold during first 11 months of 2018.  Sales volume is up 7 percent year to date, according to MLS reports.

The median sales price was nearly flat in annual comparisons, and it was down 5.5 percent in monthly comparisons, according to MLS reports. Year

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After a slight improvement in October, Daytona area condo sales fell again in November.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 98 condo units sold around the Daytona Beach area in November with a median sales price of $231,375. That’s 8 percent lower than condo sales were a year ago and more than 32 percent fewer sales than in October. Sales volume was also down in both monthly and annual comparisons.   

Meanwhile, MLS reports show the median condo sales price rose nicely in November. The median sales price was up by more than 20 percent compared October 2018. And it was 13 percent higher than the previous month. 

Year to date, condo sales are down by 1.5 percent and the median

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December doesn't bring snow to Daytona Beach, but it does bring plenty of holiday spirit! Here are just a few of the iconic events in the area during December:

 

Sunday Snowdays At Wonderland

Head out to ONE DAYTONA one Sunday in December (or all of them!) for a free, family friendly event with a dual lane real snow slide, rides on the polar express train, an interactive DJ, and more! The event runs each Sunday in December from 4 p.m. to 7 p.m.

 

PORT ORANGE HOLIDAY PARADE

Starting at 2 p.m. on Dec. 8, the 42nd Annual Port Orange Holiday Parade will bring the cities bands and floats together for a fun parade with the theme – “Santa’s Toy Shop.” The route starts at Jackson Street and will run east on Dunlawton Avenue to Spruce Creek

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Single family home sales remained steady in October across the Daytona Beach area.

For the month ending on October 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 420 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $255,500. The sales are a nominal 1 percent lower than in September, and just 2 percent lower than in October 2018. Year to date, the total number of homes sold sits slightly above sales totals from the first 10 months of 2018.  Sales volume is up 8.6 percent compared to the first 10 months of 2018, according to MLS reports.

The median sales price for single family homes sold in October was up in both monthly and annual comparisons. MLS reports

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After 4 months of falling sales, the Daytona area condo market perked up in October as the median sales price fell.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 146 condo units sold around the Daytona Beach area in October with a median sales price of $204,500. Those sales are 11 percent higher than condo sales were a year ago and 19 percent higher than the previous month. Sales volume was also up in both monthly and annual comparisons.  With the sales game came a drop in the median sales price, according to MLS reports. At $204,500, the median condo sales price in October was down slightly from last year, and a noticeable 11 percent lower than in September.

Year to date, both condo

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Where will the baby boomers live during retirement? That's a great question, one that needs to be sorted out before the giant generation is all living on fixed incomes! 

According to a recent article by the Florida Realtors Association, the number of homes headed by a person age 65 or older rose by 14 percent to 31 million, between 2012 to 2017. And a report just released by Harvard University’s Joint Center for Housing Studies (JCHS), said we can expect the group of people age 65+ to comprise about 34 percent of the nation's population within the next 20 years.  

We knew it was coming, just as we knew the also-enormous Millennial generation would hit the housing market fast moving flood. Like their younger counterparts, the baby boomers are going

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Single family home sales were stronger in September across Daytona Beach area.

For the month ending on September 30, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 418 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $249,900. That’s 4.5 percent higher than sales were in September 2018. Year to date, home sales are a handful higher than they were around this time last year.

The median sales price in September also was up, in both monthly and annual comparisons. In fact, MLS reports show the median sales price rose by nearly 8 percent over September 2018. Year to date, the median sales price remains 5.5 percent higher than it was during the first 9 months of

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For the fourth consecutive month, condo sales around the greater Daytona Beach area were down in year-over-year comparisons.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed condo sales were down in September, compared to condo sales a year ago. There were 120 condo units sold around the Daytona Beach area in September. That’s 7 percent lower than the number of units sold in September 2018. Sales volume was also down in both monthly and annual comparisons. The total value of condo sales in September was down 24 percent from August and down 16 percent compared to the same month last year.  Year to date, condo sales are down by 3.5 percent.

Fortunately for area condo owners, median sales prices have

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