Daytona Beach Real Estate Market Update

July sales slowed considerably from April-June.  The inventory of short sales and foreclosed homes continues to rise and put pressure on prices.  Rates are still at historic lows, so buyers are looking but not as aggressively.

Numbers quoted in this article are for the Daytona Beach metropolitan area, which includes Ponce Inlet, the Ormond Beach area, Port Orange, Flagler Beach, Palm Coast, New Smyrna Beach, Deltona, and Deland, among others.  

Sales for July, 2010:
222 Single Family Homes, ranging in price from $5,000 to $1,350,000 (Silver Sands)
15 Single Family Attached, ranging from $31,500 to $220,000 (Halifax Plantation)
78 Condos, from $19,900 to $625,000 (Tradewinds)

Sales for June, 2010:
320 Single Family Homes, ranging in price from $12,700 to $2,000,000 (S. Atlantic Avenue)
29 Single Family Attached, ranging from $38,500 to $199,000 (Sea Gull Landing)
105 Condos, from $26,100 to $1,250,000 (Island Crowne)

Sales for May, 2010:
314 Single Family Homes, ranging in price from $20,000 to $1,300,000 (Spruce Creek Fly-In)
22 Single Family Attached, ranging from $57,250 to $280,000 (Riverwalk Village)
78 Condos, from $14,155 to $440,000 (Gemini)

Sales for April, 2010:
296 Single Family Homes, ranging in price from $10,500 to $725,000.
27 Single Family Attached, ranging from $25,000 to $195,000
83 Condos, from $15,000 to $620,000

Sales for March, 2010: 
267 Single Family Homes, ranging in price from $15,000 to $1,350,000
36 Single Family Attached, ranging from $47,900 to $235,000
76 Condos, from $18,000 to $550,000

Sales for February, 2010:
212 Single Family Homes, ranging in price from $8,000 to $1,082,500
16 Single Family Attached, ranging from $35,900 to $195,000
82 Condos, from $15,000 to $825,000

Sales For January, 2010:
183 Single Family Homes, ranging in price from $14,777 to $1,500,000
20 Single Family Attached, ranging from $58,000 to $215,000
63 Condos, from $18,500 to $650,000

Please contact me with any real estate questions you may have for the Daytona and Ormond Beach areas.
 
Sherry Armstrong
386-679-3191
yourkeytothebeach@gmail.com
www.sherryarmstrong.com
www.daytonabeachscene.com
www.ormondbeachscene.com