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…