Daytona Beach Condo Sales Up Slightly in March

Sales of Daytona Beach Condos were up from 54 units in February to 61 units in March.  Total home and condos sales recorded in the Daytona Beach MLS were 288 properties, up from 249 properties in February.

A recent rule of thumb is that one condo will sell for every four houses sold. That’s pretty close to what we saw in March with condos accounting for 21.2% of sales.

Sales in the $200,000 to $400,000 price range were up significantly. In March 20 condos were sold in that price range, while 21 were sold in January and February combined. This figure bears watching, as it is the highest number of sales in this price range since July of last year. One month doesn’t make a trend, but there are tremendous bargains in this price range and people may be beginning to take advantage of them.

Visit the Daytona Beach Condos Monthly Sale Report for complete information on condo sales going back to the beginning of 2008.

Technorati Tags Daytona Beach Condos, daytona beach mls, market reports

Related posts:

1. July 2009 Daytona Beach Home Sales Best in Years
2. March 2009 Daytona Beach Real Estate Up 31.5%
3. Ormond Beach and Daytona Beach Condo Sales July 2008
4. Daytona Beach Real Estate Market Report March 2008
5. Daytona Beach Condo Rental Season at Peak