Florida Life Market Report

New Smyrna Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL

Sun Oct 25 2020
This week the median list price for New Smyrna Beach, FL is $464,950 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 232. 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 Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

New Smyrna Beach, FL

Sun Oct 25 2020
This week the median list price for New Smyrna Beach, FL is $464,950 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 232. 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 Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the New Smyrna Beach market.
Median List Price $464,950
Per Square Foot $222
Days on Market 122
Price Decreased 22%
Price Increased 11%
Relisted 16%
Inventory 232
Median Rent $2,300
Most Expensive $3,590,000
Least Expensive $85,500
Market Action 37
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,125,000 2,819 0.25 - 0.5 acre 4 3 31 4 4 154
$595,000 2,380 0.25 - 0.5 acre 3 3 26 10 4 102
$389,936 1,807 8,000 - 10,000 sqft 3 2 35 7 3 109
$259,995 1,605 4,500 - 6,500 sqft 3 2 1 10 7 122