Florida Life Market Report

New Smyrna Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL

Mon Jan 24 2022
This week the median list price for New Smyrna Beach, FL is $529,000 with the market action index hovering around 48. This is an increase over last month's market action index of 44. Inventory has decreased to 107. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

New Smyrna Beach, FL

Mon Jan 24 2022
This week the median list price for New Smyrna Beach, FL is $529,000 with the market action index hovering around 48. This is an increase over last month's market action index of 44. Inventory has decreased to 107. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the New Smyrna Beach market.
Median List Price $529,000
Median Price of New Listings $396,891
Per Square Foot $293
Average Days on Market 80
Median Days on Market 42
Price Decreased 21%
Price Increased 9%
Relisted 13%
Inventory 107
Median Rent $2,500
Market Action 48
Strong Seller's Market

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
$1,612,000 3,241 0.25 - 0.5 acre 4 3 39 1 1 91
$725,000 1,696 0.25 - 0.5 acre 3 2 38 6 11 42
$399,900 1,649 6,500 - 8,000 sqft 3 2 20 5 11 35
$319,900 1,469 4,500 - 6,500 sqft 3 2 42 8 9 35