Daytona Beach Home Sales - October 2021

 Photo of front door with wreath Median sales prices rose again as Daytona Beach home sales dipped slightly.

 An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed that 457 existing single-family homes (detached) were sold in the Daytona Beach area during October with a median home sales price of $330,000. The sales are 11 percent lower than the number of homes sold in October 2020, and 7 percent lower than in 2019. The sales are also down nearly 9 percent from September. Sales volume was down slightly from September but up from previous years when home prices were lower.

 The median sale price rose 22 percent from October 2020 and was almost 1.5 percent higher than in September.

 Year to date, home sales are up by more than 5 percent, and the median home sales price is 19.5 percent higher than the same 10-month period in 2020.

    • Oct. 2021: 457 sales, $186,694,132 sales volume, $330,000 median sales price.
    • Oct. 2020:  515 sales $172,976,708 sales volume, $270,000 median sales price.
    • Oct. 2019:  426 sales $120,721,100 sales volume, $255,000 median sales price.
    • Sept. 2021: 501 sales, $196,779.121 sales volume, $325,000 median sales price.
    • Sept. 2020: 519 sales $173,380,053 sales volume, $275,000 median sales price.
    • Year-To-Date 2021: 4828 sales, $1,844,829,116 sales volume, $313,227 median sales price.
    • Year-To-Date 2020: 4580 sales $1,431,618,231 sales volume, $260,000 median sales price.

 "There was a definite dip in home sales during October, compared to recent months and years,” said Daytona Beach Area Realtor Ron Wysocarski, Broker and CEO of Wyse Home Team Realty in Port Orange, FL. “So it’s something we’re watching.”

Inventory levels didn’t improve in October, either. The number of homes listed on the MLS in October was 3 percent lower than in September and 24 percent lower than the number of homes listed during October 2020. Year to date, listings are down 13 percent over the same 10-month period in 2020. 

    • Oct. 2021 Inventory: 1196 single family home listings were active at some point during the month.
    • Oct. 2020 Inventory: 1574 single family home listings were active at some point during the month.
    • Sept. 2021 Inventory: 1236 single family home listings were active at some point during the month.
    • Year-To-Date 2021 Inventory: 6413 single family home listings were active at some point during the period.
    • Year-To-Date 2020 Inventory: 7370 single family home listings were active at some point during the period.

 Wyse Home Team Realty also analyzed data for key areas where home buyers shop. The report show more home buyers were drawn to Ormond Beach. The median sales price on the beachside was up notably, as was the median sales price in New Smyrna Beach, where the number rose to more than half a million dollars. 

  • Ormond Beach: 125 sales, $399,000 median sales price.  
  • Mainland Daytona (Including Holly Hill and South Daytona): 65 sales, $246,500 median sales price.
  • Beachside (Ormond By The Sea to Ponce Inlet):  66 sales, $402,500 median sales price.
  • Port Orange: 85 sales, $358,500 median sales price.
  • New Smyrna Beach: 53 sales, $532,000 median sales price.

 

About The Wyse Report and Wyse Home Team Realty:

The Wyse Report is a periodic report analyzing real estate sales, prices and trends in the Daytona Beach MLS area. Statistical information provided is based on information accessed from the Daytona Beach Area Association of REALTORS® Multiple Listing Service on 11/3/21 for the following periods: 9/1/21 to 9/30/21, 9/1/20 to 9/30/20, 10/1/20 to 10/31/20, 10/1/21 to 10/31/21, 1/1/20 to 10/31/20, 1/1/21 to 10/31/21. New Smyrna Beach sales figures were obtained  from the New Smyrna Beach Multiple Listing Service on 11/3/21 for the period of 10/1/21 to 10/31/21. Learn more about Wyse Home Team Realty by visiting RonSellsTheBeach.com. Specific data research requests and custom comparisons are available to the media, upon request. If you have questions or requests, please contact Wyse Home Team Realty’s Broker and CEO, Ron Wysocarski at 386-562-2651.  

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