Florida Life Market Report

New Smyrna Beach, FL 32168

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



New Smyrna Beach, FL 32168

Mon Feb 06 2023
This week the median list price for New Smyrna Beach, FL 32168 is $498,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

New Smyrna Beach, FL 32168

Mon Feb 06 2023
This week the median list price for New Smyrna Beach, FL 32168 is $498,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the New Smyrna Beach market.
Median List Price $498,000
Median Price of New Listings $650,000
Per Square Foot $216
Average Days on Market 91
Median Days on Market 63
Price Decreased 49%
Price Increased 0%
Relisted 20%
Inventory 107
Median Rent
Market Action 34
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
$974,000 3,497 0.5 - 1 acre 3 3 16 4 2 112
$595,000 2,646 0.25 - 0.5 acre 3 2 28 4 3 91
$445,000 2,450 0.25 - 0.5 acre 3 2 40 2 7 49
$299,900 1,548 8,000 - 10,000 sqft 3 2 43 3 3 21