Connect

Find us on...

Dashboard

Login using...

New Search X

Loading...

In The News

Stay updated on the central Florida area's top news in real estate. Find our press releases, news outlet interviews and other stories of interest on our local market here!

Found 131 blog entries about In The News.

Daytona area condo sales were up notably in May.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 148 condo units sold around the Daytona Beach area in May. It’s a 13.8 percent increase in sales, compared to sales totals in May of 2018. Median sales prices, however, fell slightly by 2 percent.

Monthly comparisons showed May condo sales were slightly weaker than in April, while median prices were a bit stronger.

While there were healthy gains in sales totals, MLS reports show sales volume was up by even stronger margins. Sales volume in May 2019 was nearly 20 percent higher than during the same month last year. Year-to-date, sales totals finally caught up with 2018 figures, bringing both

128 Views, 0 Comments

After a slow first quarter of the year, single family home sales around Daytona Beach picked up slightly in April.

For the month ending on April 30, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 483 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $230,000. It’s a 4 percent rise in sales compared to the same month last year and just shy of a 1 percent increase in median sales prices.

Compared to March, sales were up by 11 percent and median prices remained stable.  Year to date, single family home sales are down by more than 4 percent across the Daytona area, while prices are up by just over 2 percent.

  • April 2019: 483 sales, $230,000 median sales
393 Views, 0 Comments

Daytona area condo sales improved in April, but median sales prices fell for the first time in months.

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 April. It’s a 6 percent increase in sales, compared to sales totals in April of 2018. Unfortunately, year-to-date sales remained down 3 percent compared to the number of condo sales during the first four months of last year.

While there were healthy gains in sales totals, MLS reports show sales volume was up only marginally, 0.5 percent. That’s thanks to a 6 percent median price drop in area’s condo market during April.  The median condo sales price in April was $195,000, down $12,500 from

366 Views, 0 Comments

Home sales were down for the third consecutive month across the Daytona Beach area in March.

For the month ending on March 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 435 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $230,500. It’s a 7 percent drop in sales compared to the same month last year and a nearly 2 percent decline in median prices 

Compared to February, sales were up by 52 percent and prices were down by 2 percent.  And year to date, single family home sales are down by more than 9 percent across the Daytona area, while prices are up by 3 percent.

Comparisons to previous months and 2018 Single Family Home Sales figures are below:

378 Views, 0 Comments

Despite lackluster sales, the median condo sales price rose higher in March. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 108 condo units sold around the Daytona Beach area in March. That’s a more than 18 percent drop in sales, compared to sales around the area in March of 2017 and 2018. Sales volume was down by more than 12 percent, reports show.

Meanwhile, the median condo sales price in March was $239,950, up more than 11 percent over median sales prices last year.

In monthly comparisons, March condo sales matched February sales. And prices rebounded strongly from the $180,000 median condo sales price reported in February.  

“The area enjoyed strong gains in condo sales

230 Views, 1 Comment

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

258 Views, 0 Comments

After a rough start to the new year, condo sales and prices picked up in February.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 108 condo units sold around the Daytona Beach area in February. That’s a 12.5 percent increase in sales transactions, compared to February 2018, and a 4 percent increase in median sales prices. The overall volume of condo sales was up 6 percent in year over year comparisons.

In monthly comparisons, sales grew nearly 36 percent compared to the paltry 79 units sold in January. Median prices in February were up by a scant 2 percent, compared to the previous month.

 “We’re happy to see condo sales picking up,” said Ron Wysocarski, Broker and CEO of Wyse Home Team

1,053 Views, 0 Comments

The median sales price of single family homes in the Daytona Beach area rose nicely in January after some stagnation of prices in December.

For the month ending on January 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 275 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $238,000. It’s a more than a 6 percent drop in sales compared to the same month last year. And while year-over-year comparisons showed median sales prices remained flat in December, the turn of a new year brought with it a 10 percent increase in median sales prices.

Comparisons to previous months and 2018 SFR sales figures are below:

  • January 2019: 275 sales, $238,000 median sales
789 Views, 0 Comments

Daytona Condo Market Stutters as 2019 Begins

As temperatures plummeted across the Daytona Beach area in January, so did condo sales and prices.  

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were just 79 condo units sold around the Daytona Beach area in January. It’s a painful 21 percent decline in sales transactions, compared to January 2018. The overall volume of condo sales was down nearly 14 percent in year over year comparisons.

Median sales prices also fell hard in January. MLS reports show the median condo sales price around the Daytona Beach area in January was $176,000, down 17 percent from the same month last year.

In monthly comparisons, the freefall in sales and median

902 Views, 0 Comments

Home Sales Down in December

Daytona Beach area home sales slowed in December, as median prices rose only slightly

 For the month ending on December 31, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 396 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $224,900. It amounts to a nearly 8 percent drop in sales compared to the same month last year, and just a meager 1 percent rise in median sales prices. Compared to November, sales were up by 11 percent while median prices fell by 6 percent.

All told, sales in 2018 were up by nearly 4 percent and median sales prices rose by 6.5 percent over 2017 totals.

A look a the numbers

  • December 2018: 396 sales,
1,397 Views, 0 Comments