| Daytona Beach Real Estate Market Report by Lisa Hill REALTOR®. "THE SMART CHOICE!"
For Daytona Beach real estate sellers: I believe you'll appreciate this information, which will help you determine the value of your house, manufactured home, townhouse, duplex, or condo, based on this years' total sales-to-date, compared to previous years for the same time frame. This can help you determine your asking price. (Data is from Jan 1 to June 1)
For Daytona Beach real estate buyers: I believe you'll appreciate this information, which will help you determine the value of your next potential home, and how much to offer and/or invest, whether it's a house, manufactured home, townhouse, duplex or condo. The following chart contains data from the Daytona Beach REALTOR® Association, and shows the total sales-to-date for the city of Daytona Beach. (As of June 1)
As you can see, 2009 is showing an increase in the number of properties sold in Daytona Beach, over 2008. To be exact, so far, 2009 shows 45 more homes sold, over last year. We'll continue to watch these numbers throughout the year, and hope that Daytona Beach real estate sales continue to improve!
Brief synopsis for Daytona Beach real estate: For the city of Daytona Beach, 2004 was the most productive year for real estate sales, by just a hair. With only a difference of 4 sales, both 2004 and 2005 were almost equal at the peak of the Daytona Beach real estate market. I began my research with the year 2000, and real estate sales increased slowly through 2004/2005. 2006 began a drastic drop in Daytona Beach real estate sales, with 2007 dropping even more, then even more of a drop in 2008! But thankfully, 2009 has shown the 45 sales increase as I mentioned above. The only down side now is that while 2009 is (so far) showing improvement in the real estate market, the totals for the last 3 1/2 years are well below each year, dating all the way back to the year 2000, which is as far back as my report for Daytona Beach goes (for now).
To see the 2009, 1st Quarter Listings and Sales Report for Daytona Beach, with a differential between segmented price ranges, just follow the preceding embedded link. And for the data I described above, just view the chart below.