Median sales prices of single family homes around the greater Daytona Beach area soared in July as buyers continued to navigate a highly competitive market suffering ongoing inventory issues.
For the month ending on July 31, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 466 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $215,000. It amounts to a 10 percent increase in median sales prices and a 4 percent jump in sales, year over year. Compared to June, month over month comparisons showed median prices remained steady as sales totals fell by nearly 5 percent.
Comparisons to previous months and 2016 SFR sales figures are below:
- July 2017: 466 sales,