Is Central Volusia, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Central Volusia was a Seller's Market.
Housing Prices in Central Volusia, FL
How much do homes in Central Volusia, FL cost?
Median Sold Price
$477,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Central Volusia was $477,000 in March 2024, up 12.5% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $372K | $374.9K | +0.8% |
3 Bedrooms | $385.6K | $441.3K | +14.4% |
4 Bedrooms | $530K | $575K | +8.5% |
5+ Bedrooms | $617.5K | $650K | +5.3% |
Summary: Central Volusia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Central Volusia | $424.1K | $477K | +12.5% |
Daytona Beach | $264.1K | $294.6K | +11.6% |
Edgewater | $315.3K | $315K | -0.1% |
Port Orange | $375K | $370.2K | -1.3% |
New Smyrna Beach | $439.6K | $433.5K | -1.4% |
Housing Supply in Central Volusia, FL
How many homes are available in Central Volusia, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
233 | 257 | +10.3% |
Summary: The Central Volusia real estate market had 257 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 45 | 48 | +6.7% |
3 Bedrooms | 109 | 113 | +3.7% |
4 Bedrooms | 59 | 72 | +22.0% |
5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Central Volusia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 39 | +14.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Central Volusia in March 2024, up by 14.7% month-over-month. Of the 39 sold homes, 77% were sold under asking, 18% were sold at asking, and 5% were sold over asking.
Days on Market for Central Volusia, FL
How long does it take to sell a home in Central Volusia, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 78 Days | +51.8% |
Summary: Homes in Central Volusia had an average of 78 days on market in Mar 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in Central Volusia; 38% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.