January Daytona Beach Real Estate Sales Up Over 2008
Last year, sales at any point in the year where never ahead of 2008 Daytona Beach homes sales. This year we start off January 29% ahead. Last year in January, we had a horrendous sales month when only 164 homes and condos were sold through the Daytona Beach MLS. That was a huge drop from the previous December when 230 properties were sold.
This year the numbers look a little better. The preliminary numbers for January 2009 show 212 properties sold which is 48 more than last January. We are down a little from last month’s sales when 223 homes were sold, but that’s less than 5%, compared to almost 30% last year.
We are by no means in a roaring market, but we’ll take any sign of strength. The trend of higher sales at the lower prices continue with 67.5% of sales below $200,000 and 88.2% of all sales below $300,000. Sales above $300,000 remain slow with 25 properties sold in that price range.
The Daytona Beach MLS includes Ormond Beach condos and homes, Port Orange Condos and homes, Daytona Beach real estate and homes in Ormond by the Sea, Ponce Inlet, Holly Hill and South Daytona.
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