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 Beach
- Daytona Beach Shores
- Port Orange
- Ormond Beach
- Ormond by the Sea
- Ponce Inlet
- South Daytona
- Holly Hill
- Wilbur by the Sea
Now 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, overall economic trends.
For more information about the city of New Smyrna Beach, read these blogs I've posted in the past.
- New Smyrna Beach New Construction and Native Plants
- Venetian Bay Luxury Community in New Smyrna Beach
- Great Dining in New Smyrna Beach FL