Is Daytona Park Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Daytona Park Estates is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Daytona Park Estates has remained a Seller's Market.

Key Takeaway

Daytona Park Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Daytona Park Estates, FL

How much do homes in Daytona Park Estates, FL cost?

Median Sold Price

$320,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,000(+4.6%)

Key Takeaway

Homes in Daytona Park Estates have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Daytona Park Estates was $320,000 in April 2024, up 4.6% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $191.1K$240K
+25.6%
3 $303.8K$315K
+3.7%
4 $337.4K$345K
+2.2%
5+ $332.3K$270K
-18.8%

Summary: Daytona Park Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Daytona Park Estates, FL

How many homes are available in Daytona Park Estates, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4844-8.3%

Summary: The Daytona Park Estates real estate market had 44 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 3332
-3.0%
4 148
-42.9%
5+ 00
0.0%

Summary: The Daytona Park Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daytona Park Estates, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Daytona Park Estates in April 2024, down by 15.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Daytona Park Estates, FL

How long does it take to sell a home in Daytona Park Estates, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days50 Days+60.2%

Summary: Homes in Daytona Park Estates had an average of 50 days on market in Apr 2024, up by 60.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Daytona Park Estates are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in Daytona Park Estates; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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