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How does your market fare?

By
Real Estate Agent with Century 21 Sundance Realty

 Daytona Beach Real Estate Update for January 2007

There are currently 8659 Listings in the Daytona Beach Association of Realtors. The breakdown is as follows:

  • 4473 Single Family Homes
  • 2215 Condominiums 
  • 1971 Vacant land/industrial/commercial/ agricultural

Total number of new listings for January 2007 in the greater Daytona Beach area is 2320. The breakdown is as follows:

  • 1336 Single Family Homes
  • 583 Condominiums
  • 401 Vacant land/industrial/commercial/ agricultural

Total number of new sales (under contract) for January 2007 is 287. The breakdown is as follows:

  • 195 Single Family Homes
  • 56 Condominiums
  • 36 Vacant land/industrial/commercial/ agricultural 

Total number of new sales closed for January 2007 is 249. The breakdown is as follows:

  • 188 Single Family Homes
  • 34 Condominiums
  • 27 Vacant land/industrial/commercial/ agricultural 

Totaldollar volume of sales pending year to date $87,696,727. The breakdown is as follows:

  • $52,753,258 Single Family Homes
  • $19,631,370 Condominiums
  •  $15,312,099 Vacant land/industrial/commercial/ agricultural 

Total dollar volume of sales closed for January 2007 is $64,825,593. The breakdown is as follows:

  •  $48,894,243 Single Family Homes
  •  $9,048,600 Condominiums
  •  $ 6,882,750 Vacant land/industrial/commercial/ agricultural 

This shows that our market is active and we are off to a good start in 2007. It is a great time to buy, so bring your checkbook and make an offer!

This information was researched through Daytona Beach Multiple Listing Service.