Florida Life Market Report

Daytona Beach, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



Daytona Beach, FL

Mon Feb 06 2023
This week the median list price for Daytona Beach, FL is $345,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 277. Click here to stay informed with the Daytona Beach 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.

Daytona Beach, FL

Mon Feb 06 2023
This week the median list price for Daytona Beach, FL is $345,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 277. Click here to stay informed with the Daytona Beach 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 Daytona Beach market.
Median List Price $345,000
Median Price of New Listings $298,445
Per Square Foot $179
Average Days on Market 90
Median Days on Market 56
Price Decreased 41%
Price Increased 2%
Relisted 10%
Inventory 277
Median Rent
Market Action 38
Slight Seller's Advantage

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
$629,761 2,974 0.25 - 0.5 acre 3 3 17 9 4 70
$399,900 2,223 6,500 - 8,000 sqft 3 2 60 7 3 77
$290,000 1,810 6,500 - 8,000 sqft 3 2 56 9 7 49
$199,000 1,152 6,500 - 8,000 sqft 3 1 64 15 10 42