Daytona Beach Real Estate Market Report Video - November 2008

We’ve just published our November Daytona Beach Homes and condos sales report in video format. You can check it out here:

Final sales for the month came in at 203 homes and condos or 9.4% below October sales. The under $200,000 market accounted for 71.4% and under $300,000 totaled over 90%.

Sales above $300,000 are just plain ugly. On 19 properties sold in that price range leaving years of unsold inventory on the market. In October there were 33 properties sold in that range. With a difference of 14 properties, it accounts for nearly the entire drop of 21 units from 224 in October to 203 in November.

We published our Daytona Beach Homes Inventory Analysis November 2008 report a few days ago showing how inventory numbers have risen based on reduced sales. At 32.9 total months of inventory on the market, we have a long road ahead of us.

You can see the full text November Daytona Beach Homes and Condos Market report and the Daytona Beach Real Estate monthly market analysis at www.lynnbyrne.com.

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Related posts:

1. Daytona Beach Homes Inventory Analysis November 2008
2. Sales of Daytona Beach Homes Decline in November 2008
3. October 2008 Daytona Beach Real Estate Sales Report Published
4. Daytona Beach Real Estate Video Market Report 7-27-08
5. Daytona Beach Real Estate Weekly Market Report 5-19-08