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 April 2023
Since last year, Daytona Beach Shores has remained a Buyer'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
$445,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Daytona Beach Shores has remained the same since last year.
Summary: The median home sold price in Daytona Beach Shores was $445,000 in April 2024, up 0.2% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $239.1K | +18.1% |
| 2 Bedrooms | $399.5K | $367.5K | -8.0% |
| 3 Bedrooms | $611.2K | $592.5K | -3.1% |
| 4 Bedrooms | - | $950K | N/A |
| 5+ Bedrooms | $1.1M | $2.2M | +94.3% |
Summary: Daytona Beach Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 94.3%.
Median Sold Price Compared To Nearby Cities
| Daytona Beach | $265K | $297.5K | +12.3% |
| North Peninsula | $328.8K | $345K | +4.9% |
| Daytona Beach Shores | $444K | $445K | 0.2% |
| South Peninsula | $502.5K | $500K | -0.5% |
| Port Orange | $375K | $365K | -2.7% |
Housing Supply in Daytona Beach Shores, FL
How many homes are available in Daytona Beach Shores, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 168 | 185 | +10.1% |
Summary: The Daytona Beach Shores real estate market had 185 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 45 | +25.0% |
| 2 Bedrooms | 72 | 77 | +6.9% |
| 3 Bedrooms | 52 | 55 | +5.8% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Daytona Beach Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Daytona Beach Shores, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Daytona Beach Shores in April 2024, up by 45.5% month-over-month. Of the 16 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 63 Days | -1.0% |
Summary: Homes in Daytona Beach Shores had an average of 63 days on market in Apr 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Daytona Beach Shores are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in Daytona Beach Shores; 44% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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