Florida Life Market Report

New Smyrna Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL

Thu Apr 02 2020
This week the median list price for New Smyrna Beach, FL is $362,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 399. 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 Apr 02 2020
This week the median list price for New Smyrna Beach, FL is $362,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 399. 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 $188
Days on Market 123
Price Decreased 41%
Price Increased 7%
Relisted 14%
Inventory 399
Median Rent $1,700
Most Expensive $3,150,000
Least Expensive $79,900
Market Action 29
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$845,000 2,730 0.25 - 0.5 acre 4 3 27 6 2 167
$428,250 2,068 0.25 - 0.5 acre 3 2 30 4 2 117
$299,900 1,839 6,500 - 8,000 sqft 3 2 19 14 6 108
$231,491 1,464 6,500 - 8,000 sqft 3 2 14 15 7 98