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 128 blog entries about In The News.

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:

11 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

196 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

221 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

747 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
513 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

805 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,
1,190 Views, 0 Comments

The median sales prices of condos around the greater Daytona Beach remained strong in December as sales fell slightly.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 116 condo units sold around the Daytona Beach area in December. That’s just a handful of sales short of reaching the 123 condo units that sold in December 2017.  Meanwhile, median sales prices rose by just under 3 percent to $228,450, compared to prices in December 2017. In monthly comparisons, the median condo sales price skyrocketed by nearly 23 percent.

All told, median condo sales prices in 2018 were up by 10 percent, a figure many real estate experts predicted for Florida as the year began. As the year ended, total condo

1,401 Views, 0 Comments

The real estate market around the greater Daytona Beach area was strong in 2018, as inventory levels improved and highly competitive conditions began to stabilize.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 1555 condo sales across the area from January 1 to December 31. The units sold had a median sales price of $209,000. Compared to 2017, that’s a 3.5 percent increase in sales. And it’s a 10 percent increase in median sales prices, confirming real estate experts’ predictions for Florida as the year began.

“We started the year with cautious optimism as experts predicted Florida would continue to see the strong median price gains for another year, said Ron Wysocarski, Broker and CEO

989 Views, 0 Comments

Median home sales prices rose dramatically across the Daytona Beach area in November.

 For the month ending on November 30, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 356 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $239,850. It amounts to a 4.7 percent increase in sales compared to the same month last year, and an 18 percent rise in median sales prices.

Compared to October, sales were down by nearly 13 percent while median prices rose slightly. Year to date, sales are up by 4.5 percent and median sales prices remain nearly 8.5 percent higher than the first 11 months of 2017. 

Comparisons to previous months and 2017 SFR sales figures are below:

    704 Views, 0 Comments