Florida Life Market Report

New Smyrna Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL

Thu Jan 23 2020
This week the median list price for New Smyrna Beach, FL is $362,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 389. Click here to stay informed with the New Smyrna Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

New Smyrna Beach, FL

Thu Jan 23 2020
This week the median list price for New Smyrna Beach, FL is $362,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 389. Click here to stay informed with the New Smyrna Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the New Smyrna Beach market.
Median List Price $362,000
Per Square Foot $180
Days on Market 132
Price Decreased 33%
Price Increased 14%
Relisted 13%
Inventory 389
Median Rent $1,749
Most Expensive $3,150,000
Least Expensive $85,500
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$899,900 3,003 0.25 - 0.5 acre 4 3 20 6 3 198
$440,000 2,200 0.25 - 0.5 acre 3 2 26 7 1 124
$299,900 1,848 8,000 - 10,000 sqft 3 2 14 10 12 122
$236,922 1,536 4,500 - 6,500 sqft 3 2 5 10 7 84