New Inventory Analysis of Daytona Beach Real Estate Established
The new Monthly Daytona Beach Real Estate Inventory Analysis Report has been created at www.lynnbyrne.com.
We created this report because inventory, expressed in months based on current sales, is one of the key indicators of the strength of the market. The numbers are telling us that we are in a big time buyer’s market, but that inventory is much higher in the above $300,000 price range for both condos and houses.
Houses are selling at a 4+ to 1 rate over condos and condo inventory is 62.4% higher than the inventory in months for houses. So houses are selling much better than condos and houses and condos in the lower price ranges are selling better than higher priced homes.