Florida Life Market Report

New Smyrna Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL

Wed Jul 17 2019
This week the median list price for New Smyrna Beach, FL is $407,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 397. Click here to stay informed with the New Smyrna Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller'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

Wed Jul 17 2019
This week the median list price for New Smyrna Beach, FL is $407,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 397. Click here to stay informed with the New Smyrna Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller'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 $407,000
Per Square Foot $209
Days on Market 138
Price Decreased 49%
Price Increased 6%
Relisted 23%
Inventory 397
Median House Rent $1,800
Most Expensive $3,600,000
Least Expensive $83,000
Market Action Index
Slight Seller's Advantage
30

The market appears to be 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
$969,900 3,011 0.25 - 0.5 acre 4 3 25 3 0 192
$489,900 2,260 0.25 - 0.5 acre 3 2 29 2 7 148
$346,900 1,845 8,000 - 10,000 sqft 3 2 28 4 11 113
$249,250 1,627 8,000 - 10,000 sqft 3 2 35 12 6 100