Florida Life Market Report

Port Orange, FL 32127

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



Port Orange, FL 32127

Mon Feb 06 2023
This week the median list price for Port Orange, FL 32127 is $457,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 82. Click here to stay informed with the Port Orange market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Port Orange, FL 32127

Mon Feb 06 2023
This week the median list price for Port Orange, FL 32127 is $457,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 82. Click here to stay informed with the Port Orange market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Port Orange market.
Median List Price $457,450
Median Price of New Listings $380,000
Per Square Foot $202
Average Days on Market 89
Median Days on Market 46
Price Decreased 50%
Price Increased 1%
Relisted 13%
Inventory 82
Median Rent
Market Action 36
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,211,500 3,900 0.25 - 0.5 acre 3 3 39 3 0 59
$626,500 2,411 8,000 - 10,000 sqft 3 2 49 3 2 56
$389,000 2,355 0.25 - 0.5 acre 3 2 42 3 3 63
$320,000 1,858 8,000 - 10,000 sqft 3 2 46 6 4 35