- November 27, 2024
Loading
by: Heather Scofield
Marketing Director, Wyse Home Team Realty
Condo sales remained steady in July across the Daytona Beach area. An analysis of Daytona Beach Multiple Listing Service data by Wyse Home Team Realty showed that 199 condo units were sold around the Daytona Beach area in July with a median sales price of $279,900. The number is a few sales more than the previous month and in July 2020. Sales volume in June was up by roughly $7 million over last year. And MLS reports show the median condo sales price in July was almost 15 percent higher than the median sales price in July 2020.
“Demand for condos in the Daytona Beach area has been both strong and consistent for more than a year now,” said Ron Wysocarski, broker and CEO of Wyse Home Team Realty in Port Orange.
The inventory of available condos rose slightly in July to 471, up from 450 condo units made active in June. It’s still 49% lower than the 931 available condo units in the Daytona Beach MLS during July 2020. Year to date, condo sales are up 57% and the median condo sales price rose 18% over the first seven months of 2020.
Daytona Beach MLS data for Condo and Condotel Sales combined:
“Daytona’s resort-style condotel units remained a popular option among condo buyers in July, attracting visitors and investors in search of affordable vacation investments,” Wysocarski said.
July 2021 Daytona Beach MLS data for Condos and Condotels separated:
July 2021 highlights of luxury condo sales in the Daytona Beach area include: