Florida Life Market Report

Deland, FL 32720

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



Deland, FL 32720

Mon Feb 06 2023
This week the median list price for Deland, FL 32720 is $327,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has decreased to 82. Click here to stay informed with the Deland 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Deland, FL 32720

Mon Feb 06 2023
This week the median list price for Deland, FL 32720 is $327,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has decreased to 82. Click here to stay informed with the Deland 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Deland market.
Median List Price $327,000
Median Price of New Listings $309,900
Per Square Foot $200
Average Days on Market 98
Median Days on Market 77
Price Decreased 50%
Price Increased 2%
Relisted 5%
Inventory 82
Median Rent
Market Action 40
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$690,000 2,523 1 - 2.5 acres 4 3 34 1 2 133
$399,999 1,964 0.25 - 0.5 acre 3 2 29 3 3 35
$299,000 1,393 0.25 - 0.5 acre 3 2 62 3 1 70
$228,500 1,265 0.25 - 0.5 acre 3 1.5 69 2 5 77