Is Daytona Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Daytona Beach was a Seller's Market.
Key Takeaway
Daytona Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Daytona Beach, FL
How much do homes in Daytona Beach, FL cost?
Median Sold Price
$297,533
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Daytona Beach have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Daytona Beach was $297,533 in April 2024, up 12.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.7K | $150K | -7.8% |
| 2 Bedrooms | $250.5K | $253.7K | +1.3% |
| 3 Bedrooms | $287K | $309.9K | +8.0% |
| 4 Bedrooms | $361.3K | $406K | +12.4% |
| 5+ Bedrooms | $440.3K | $407.1K | -7.5% |
Summary: Daytona Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Daytona Beach | $265K | $297.5K | +12.3% |
| South Daytona | $250K | $278.9K | +11.6% |
| Holly Hill | $235K | $249.7K | +6.3% |
| Daytona Beach Shores | $444K | $445K | 0.2% |
| Port Orange | $375K | $365K | -2.7% |
Housing Supply in Daytona Beach, FL
How many homes are available in Daytona Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 646 | 728 | +12.7% |
Summary: The Daytona Beach real estate market had 728 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 87 | 101 | +16.1% |
| 2 Bedrooms | 241 | 261 | +8.3% |
| 3 Bedrooms | 216 | 255 | +18.1% |
| 4 Bedrooms | 83 | 89 | +7.2% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Daytona Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 68 | 93 | +36.8% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Daytona Beach, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in Daytona Beach in April 2024, up by 36.8% month-over-month. Of the 93 sold homes, 74% were sold under asking, 14% were sold at asking, and 12% were sold over asking.
Days on Market for Daytona Beach, FL
How long does it take to sell a home in Daytona Beach, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 67 Days | +26.1% |
Summary: Homes in Daytona Beach had an average of 67 days on market in Apr 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Daytona Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 93 homes were sold in Daytona Beach; 37% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.