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Real Estate Market Reports

Keep up with local real estate trends. Find out how homes and condos are selling and whether values are rising or falling here. 

Found 95 blog entries about Real Estate Market Reports.

Home sales and median prices soared around Daytona in May despite desperately low inventory levels, offering a great start to the area’s summer home sales season as the school year ended for local students.  

For the month ending on May 31, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 471 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 nearly 13 percent increase in sales and an 8.5 percent jump in median sales prices, year over year. Compared to April, month over month comparisons showed sales totals rose by more than 15 percent as prices climbed 2.3 percent. 

Comparisons to previous months and 2016 SFR sales figures are

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Daytona Beach area condo sales and median prices skyrocketed in May, despite ongoing inventory shortages. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by The Wyse Home Team at Keller-Williams Realty showed there were 166 condo sales in May with a median sales price of $196,500. The totals reflect a substantial increase in sales and prices in both monthly and yearly comparisons. Condo sales were up a whopping 31.7 percent compared to sales in May 2016. And median sales prices were up 8.2 percent in May, compared to last year. Month-over-month comparisons showed similar increases with sales up more than 31 percent and prices up 15 percent. 

“We’re moving into the summer sales season at full speed” said Ron Wysocarski, CEO of The

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The busy spring home sales season is launching around the greater Daytona Beach area real estate market, but buyers are struggling to find homes and sales are sliding downward. 

For the month ending on April 30, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 407 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $210,000. It amounts to 5 percent reduction in sales and a nearly 17 percent jump in median sales prices, year over year. Compared to March, month over month comparisons showed prices climbed by more than 5 percent and sales totals fell by more than 10 percent. 

Comparisons to previous months and 2016 SFR sales figures are below: 

  • April 2017: 407
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In a trend the Florida Association of Realtors has dubbed "The New Normal," people just aren't selling their homes these days. 

Homeowners are moving less. They're keeping their homes longer than the industry has seen in more than a decade, and it's creating a drag on the economy.

It means less commission and fees for the real estate agents, title companies, inspection firms, home warranty peddlers and all of the other professionals that tend to be involved in a real estate transaction.

It also means much less inventory of homes for sale in local markets and an extremely competitive market for first-time home shoppers. Home buyers aren't finding what they're looking for. And when they do, they're finding themselves in a bidding war to make that

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Median sales prices in the Daytona area condo market dipped slightly in April, as condo sales remained steady 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by The Wyse Home Team at Keller-Williams Realty showed there were 126 condo sales in April with a median sales price of $170,750. It’s just 3 more condos than were sold the same month a year ago and a few less condos than were sold in March.  Meanwhile, median sales prices dipped in both month over month and year over year comparisons. Prices fell by 9.6 percent compared to April 2016, and they fell by 7.2 percent compared to March. 

“The median price dip we saw in April isn’t a sign of trouble,” said Ron Wysocarski, CEO of The Wyse Home Team at Keller Williams Realty. “It was

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Condo sales are soaring around the nation, according to the latest sales data compiled by the National Association of Realtors. And the upward trend is expected to continue for the better part of 2017.

According to the NAR sales report released in late April, it wasn’t just condo sales that started soaring as the scent of Spring began to hit the air for many regions in March. Sales of homes of all kinds, including detached homes and condos, skyrocketed to their highest pace in more than a decade.

Existing-home sales in the southern part of the nation rose 8.5 percent over last March, with median price gains of 8.6 percent to $210,600.

 The result was severe supply shortages and buyer competition that led to a steep drop in the average amount of

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(Daytona Beach, FL) –The busy spring home sales season launched with fervor in March around the greater Daytona Beach area real estate market. 

For the month ending on March 31, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 453 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $199,900. It amounts to a slight reduction in sales and 14 percent jump in median sales prices, year over year. Compared to February, month over month comparisons showed prices remained strong and steady as sales totals skyrocketed by more than 36 percent as part of the spring season’s usual ramp up in home sales.   

Comparisons to previous months and 2016 SFR sales figures are below: 

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Median sales prices in the Daytona area condo market recovered from February’s temporary pricing dip and returned to the strong range the area saw as 2017 began. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by The Wyse Home Team at Keller-Williams Realty showed there were 130 condo sales in January with a median sales price of $184,000. It’s a 6.5 percent increase from the sales totals seen the same month a year ago, and a 14 percent increase from February’s sales. Meanwhile, median sales prices fully recovered from February’s price dip and the month ended with prices up 21 percent, year over year.   

Meanwhile, inventory levels worsened in March as demand for area condos increased. Condo buyers in March were forced to search

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If your house no longer fits your needs and you considering buying a luxury home or condo, don't wait. NOW is a great time to do it!

The reason is this: The market for traditional single family homes in the middle price ranges is HOT. Inventory is low and buyers are competing HARD for the homes. That market will only get hotter as we reach the end of the school year and the usual busy summer sales season hits full speed.

But here's the catch: The luxury home and condo markets are not nearly as hot as the mid-priced single family home market. That's true both locally, and at a national level. In fact, Trulia’s Market Mismatch Study recently showed that in today’s premium home market, buyers are in control. It's a true seller's market with seller's

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(Daytona Beach, FL) –The Daytona Beach area real estate market experienced a solid uptick in single family home sales in February. The area also enjoyed strong year-over-year gains in median sales prices.

For the month ending on February 28, 2017, the Daytona Beach Multiple Listing Service (MLS) reported that 333 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $200,000. It amounts to double digit gains for both sales and prices with a 16.4 percent increase in sales and a 10 percent increase in prices, year over year. Month over month comparisons showed prices remained strong amid a nice boost in sales totals. 

Comparisons to previous months and 2016 SFR sales figures are below: 

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