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Your Key to the Beach

Real Estate and local news on Ormond Beach and Daytona Beach in Volusia County, Florida
Real Estate Sales Up in December in Volusia County

While the median sales price of existing single family homes in Volusia and Flagler Counties dropped to a near 7-year low in December, that boosted the sales number to a 3-year high.  Realtor sales for the two counties topped 800 for the month in the 2-county region, 57% higher than the 513 homes sold in December, 2008.

It was the highest number for the year too.  The last time 807 sales closed was July 2006, when 796 sold, and 941 sales in June, 2006.  Median sales price for the month was $124,300, down 12% from 2008.

Condo activity also showed good growth, for 160 sales in December a 240% increase over 47 in December, 2008.  The median sales price of condo resales rose 2% to $158,000.

For the year 2009, house sales rose 30% and the median price fell 21%.  For Condos, sales rose 51% and median sales price decreased 21% also.

Now you can believe this is a buyer's market in Volusia County!

Sherry Armstrong, Realtor
386-679-3191
yourkeytothebeach@gmail.com

Posted: Saturday, January 30, 2010 10:37 AM by Sherry Armstrong

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