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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 156 blog entries about Real Estate Market Reports.

For the fourth consecutive month, condo sales around the greater Daytona Beach area were down in year-over-year comparisons.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed condo sales were down in September, compared to condo sales a year ago. There were 120 condo units sold around the Daytona Beach area in September. That’s 7 percent lower than the number of units sold in September 2018. Sales volume was also down in both monthly and annual comparisons. The total value of condo sales in September was down 24 percent from August and down 16 percent compared to the same month last year.  Year to date, condo sales are down by 3.5 percent.

Fortunately for area condo owners, median sales prices have

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Home values are on strong footing across the nation, according to the latest Homeowner Equity Report from CoreLogic, but Florida continues to have a higher than average number of homes that are upside down. 

According to this latest quarterly report, homeowners around the country have enjoyed an average 4.8 percent increase in their home values since the second quarter of 2018. Roughly 63 percent of homes in the country saw their home values rise, by a collective $427 BILLION. 

"We've seen a lot of local homeowners finally turn the corner on home debt taken out during the boom," said Ron Wysocarski, CEO and Broker of Wyse Home Team Realty. "But prices have been climbing fairly fast in the last couple years, so we're also seeing people pushing

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The median sales price rose as home sales fell in the Daytona Beach area during August.

For the month ending on August 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 465 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $245,900. That’s 5.6 percent lower than sales were in August 2018, and it’s a full 10 below the number of homes sold during July. Meanwhile, the median sales price in August was slightly higher than in July, but reports show it was 6 percent over August 2018.

Year to date, there have been 23 fewer single family home sales across the Daytona Beach area than took place during the same period of 2018. The median sale price for homes sold in the

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Daytona area condo sales for the third consecutive month in August. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed another notable drop in condo sales during the month of August, compared to condo sales a year ago. There were 138 condo units sold around the Daytona Beach area in August. That’s almost a 19 percent decline in sales, year over year. Sales volume was down by 14 percent in annual comparisons.  

The median condo sales price in August also was down in annual comparisons. The median price of condo sales in the Daytona area during August was $225,500, MLS reports show. That’s a 14 percent decline in the median price, compared to August 2018. There was one piece of good news in the MLS

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There was an unexpected rise in home sales across the greater Daytona Beach area in July.

For the month ending on July 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 515 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $240,400. That’s a 10 percent increase in sales compared to the same month a year earlier. And it’s a 7.5 percent increase over home sales in June. Meanwhile, the median sales price for homes sold across Daytona in July were up nearly 7 percent in annual comparisons. But in monthly comparisons, the median price was down more than 5.5 percent.

The home sales spike in July helped bring overall sales in line with last year. Year to date, there

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Daytona area condo sales slumped for the second consecutive month in July.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed a notable drop in July condo sales, compared to condo sales in June. There were 113 condo units sold around the Daytona Beach area in July. That’s a 19 percent decline in sales, year over year. And it’s a 22 percent drop compared to June. Sales volume was down by 8 percent in monthly comparisons, and down by 4.8 percent in annual comparisons.  

Meanwhile, the median condo sales price in July served as a solid recovery from a painful dip in June. The median price of condo sales in the Daytona area during July was $205,900, MLS reports show. That’s more than 17 percent higher than

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Median home sales prices rose in June, as sales fell across the Daytona Beach area.

For the month ending on June 30, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 475 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $256,900. That’s a 12 percent drop in sales compared to sales totals in May. And it’s a 4 percent decline compared to same month last year. Fortunately, the median sales price for homes sold across Daytona in June were higher in both monthly and annual comparisons.  MLS reports show median prices were up by 16 percent compared to the same month last year. And the median prices in June were 4.8 percent higher than in May.

Year to date, single

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Daytona area condo prices fell hard in June.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed a substantial median price drop, compared to condo sales in May. There were 146 condo units sold around the Daytona Beach area in June with a $175,100 median sales price. That median price is more than 15 percent lower than the $207,000 median price in May. It’s 5.8 percent lower than the median price in June 2018.

Sales totals and sales volume were also down in both monthly and annual comparisons, MLS data shows. In fact, sales volume was down by more than $5 million, compared to May. And in annual comparisons, volume was down by $1.8 million.

Year-to-date, sales and median prices for the first half of

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Real estate market conditions are on the move this year, as many experts predicted it would be. Although an overall softening of the real estate market was expected to be the national average this year, unexpected drops in mortgage interest rates have instead served as a "shot-in-the-arm" for home sales, said Frank  Nothaft, chief economist for CoreLogic, one of the nation's foremost real estate and finance market analytics companies. 

And the extra activity in the real estate market has been pushing prices higher. 

CoreLogic's latest report shows that as of the end of May, home prices across the U.S. were up by 3.6 percent in year over year comparisons. The report predicts we will see another 0.8 percent rise by the end of June. And overall, there

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The spring and summer home selling season kicked into high gear in May, pushing both sales and median prices higher across the greater Daytona Beach area.

For the month ending on May 31, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 543 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $245,000. That’s a 3 percent increase in sales compared to the same month last year, and a 12 percent jump over sales totals in April. The median sales price for homes sold across Daytona was 6.5 percent higher in both monthly and annual comparisons.  

Year to date, single family home sales are down by 2.5 percent across the Daytona area, while prices are up by just over 3

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