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New Smyrna Beach FL Real Estate Sales: 2007 Year in Review
Over the past few weeks I've been covering the 2007 real estate sales for the Daytona Beach area. You can read those posts here...
Daytona BeachDaytona Beach ShoresPort OrangeOrmond BeachOrmond by the SeaPonce InletSouth DaytonaHolly Hill Wilbur by the SeaNow immediately to the south of the Daytona Beach area... more precisely, just south of Port Orange, is New Smyrna Beach. One unique factor about New Smyrna Beach is it's proximity to Orlando. Many people who work and live in Orlando own second homes in New Smyrna Beach. That has long been one of the big forces that drive the New Smyrna Beach real estate market. 
While the Daytona Beach area relies on tourists and seasonal residents from out-of-state, New Smyrna Beach, even though it's only 20 miles to the south, has different real estate trends due to it's many buyers coming from just an hour away. If you look at the charts you'll find on each of the other city links and compare them to the New Smyrna Beach chart, these differences will be significantly noticeable.
 
As this chart shows, New Smyrna Beach didn't have the extremely high peaks that all the other local cities had. Instead, it shows the sales following the national, ... more

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