Daytona area October home sales fell well below last year

A total of 365 existing single-family homes were sold in the area with a median home sales price of $382,500.

  • By Observer Staff
  • | 6:00 p.m. November 22, 2022
Home sales and median sales prices were higher in October compared to September, but down from 2021. Photo courtesy of Adobe Stock/Rawf8
Home sales and median sales prices were higher in October compared to September, but down from 2021. Photo courtesy of Adobe Stock/Rawf8
  • Ormond Beach Observer
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Home sales and median sales prices were higher in October compared to September, but down from 2021, according to an analysis of Daytona Beach Multiple Listing Service data by Wyse Home Realty.

A total of 365 existing single-family homes were sold in the area with a median home sales price of $382,500 — a 21% decrease in sales from October 2021, but 18% higher than sales last month. Total sales volume was down nearly 14% compared to October 2021 and was nearly 20% higher than home sales volume in September.

  • October 2022: 365 sales, $163,971,001 sales volume, $382,500 median sales price.
  • October 2021: 465 sales $190,593,322 sales volume, $335,000 median sales price.

There were 22 less homes on the market than last month. Inventory levels remained nearly 22% lower than the number of homes available in October last year. The reports showed Ormond Beach held the October ranking with the highest median sales price at $445,500.

  • Ormond Beach: 84 sales, $445,500 median sales price.
  • Mainland Daytona (Including Holly Hill and South Daytona): 61 sales, $275,000 median sales price.
  • Beachside (Ormond-by-the-Sea to Ponce Inlet): 46 sales, $426,750 median sales price.
  • Port Orange: 56 sales, $418,500 median sales price.
  • New Smyrna Beach: 61 sales, $407,990 median sales price.

 

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