Is Daytona Beach Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Daytona Beach Shores was a Neutral Market.
Housing Prices in Daytona Beach Shores, FL
How much do homes in Daytona Beach Shores, FL cost?
Median Sold Price
$440,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Daytona Beach Shores was $440,000 in May 2024, down 5.4% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $207.5K | +15.3% |
2 Bedrooms | $400K | $367.5K | -8.1% |
3 Bedrooms | $612.5K | $610K | -0.4% |
4 Bedrooms | - | $950K | N/A |
5+ Bedrooms | $1.1M | $2.2M | +94.3% |
Summary: Daytona Beach Shores housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 94.3%.
Median Sold Price Compared To Nearby Cities
Daytona Beach | $263.1K | $299.1K | +13.7% |
North Peninsula | $332.9K | $346.6K | +4.1% |
South Peninsula | $502.5K | $507.5K | +1.0% |
Port Orange | $375K | $359K | -4.3% |
Daytona Beach Shores | $465K | $440K | -5.4% |
Housing Supply in Daytona Beach Shores, FL
How many homes are available in Daytona Beach Shores, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
177 | 192 | +8.5% |
Summary: The Daytona Beach Shores real estate market had 192 homes for sale in May 2024, a 8.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 40 | 48 | +20.0% |
2 Bedrooms | 71 | 83 | +16.9% |
3 Bedrooms | 58 | 55 | -5.2% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Daytona Beach Shores housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 16.9%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Daytona Beach Shores in May 2024, the same as the previous month. Of the 17 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Daytona Beach Shores, FL
How long does it take to sell a home in Daytona Beach Shores, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 73 Days | +21.6% |
Summary: Homes in Daytona Beach Shores had an average of 73 days on market in May 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Daytona Beach Shores; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.