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 March 2023
At the same time last year, Daytona Beach Shores was a Seller's Market.
Key Takeaway
Daytona Beach Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Daytona Beach Shores, FL
How much do homes in Daytona Beach Shores, FL cost?
Median Sold Price
$423,250
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Daytona Beach Shores have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Daytona Beach Shores was $423,250 in March 2024, down 2.9% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $200K | -1.2% |
| 2 Bedrooms | $399.5K | $367.5K | -8.0% |
| 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 March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 8%, 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 | $264.1K | $294.6K | +11.6% |
| North Peninsula | $320K | $340.3K | +6.4% |
| South Peninsula | $505K | $500K | -1.0% |
| Port Orange | $375K | $370.2K | -1.3% |
| Daytona Beach Shores | $436K | $423.2K | -2.9% |
Housing Supply in Daytona Beach Shores, FL
How many homes are available in Daytona Beach Shores, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 142 | 179 | +26.1% |
Summary: The Daytona Beach Shores real estate market had 179 homes for sale in March 2024, a 26.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 40 | +37.9% |
| 2 Bedrooms | 58 | 73 | +25.9% |
| 3 Bedrooms | 47 | 57 | +21.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Daytona Beach Shores housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.9%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Daytona Beach Shores, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Daytona Beach Shores in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 64 Days | +54.1% |
Summary: Homes in Daytona Beach Shores had an average of 64 days on market in Mar 2024, up by 54.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Daytona Beach Shores has remained consistent over time.
Summary: During March 2024, 11 homes were sold in Daytona Beach Shores; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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