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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 123 blog entries about In The News.

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

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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,
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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

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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

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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:

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    The median sales prices of condos around the greater Daytona Beach rose in November as sales held steady.

    An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 104 condo units sold around the Daytona Beach area in November. That’s just one unit shy of the 105 units sold in November 2017.  Meanwhile, median sales prices rose by more than 5 percent to $186,000 over  prices in November 2017. Compared to October, the median condo sales price fell by more than 19 percent.

    Year to date, median sales prices are up by just under 10 percent as total condo sales remained 4 percent above the number of units sold during the first 10 months of 2017.

    “Overall, November was a good month for the Daytona area

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    We're kicking off the holiday season with some great open house events offering oodles of opportunities for our buyers to explore some of our fantastic listings! Clear some time in your weekend calendars to check out one or all of these great OPEN HOUSE events we have planned:

    Saturday, Nov. 24. (12pm-2pm)

    816 E. 23rd Ave., New Smyrna Beach, FL 32169

    This lovably home is proof that the beach dream is within reach! Situated just STEPS FROM THE BEACH in a fantastic family neighborhood, this 3 bedroom, 2 bath beauty is loaded with fabulous features and is ready for you to move right in! 

    This great home boasts a fantastic floor plan with wonderful hard wood floors throughout the large, open living and dining spaces. The spacious eat-in

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    Real estate agents across Flagler County are making holiday home shopping easy this year with a fun event that will open the door to nearly 50 listings over the same weekend! 

    Don't miss the fun. And be sure to stop by OUR awesomely affordable family home listing at 28 Prosperity Lane in Palm Coast. 

    See you there!

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    The inventory of available single family homes for sale in the greater Daytona Beach area spiked in October to its highest level in months.

    The conditions created smiles all around as happy homebuyers enjoyed shopping a market with more selection. And many sellers with low and mid-range priced homes reaped strong sales prices thanks to the lingering pent-up demand for their properties.

     For the month ending on October 31, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 409 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $236,900. It amounts to a 4 percent increase in sales compared to the same month last year, and a 10 percent rise in median sales prices.

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    Condo sales around the greater Daytona Beach soared by more than 35 percent in October, according to a recent report. 

    An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 129 condo units sold around the Daytona Beach area in October. That’s up over 35%, compared to just 95 units sold in October 2017.  Meanwhile, median sales prices rose by nearly 9 percent to $207,000 over October 2017. Median prices were down by roughly 11.5 percent compared September, though.

    Year to date, median sales prices are up by just under 10 percent as total condo sales remained 4 percent above the number of units sold during the first 10 months of 2017.

    “These are great numbers that could mean we’re seeing growth

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