Local housing market on the upswing in March


  • Palm Coast Observer
  • News
  • Share

Single-family home sales and condo sales are up statewide and in the Palm Coast and Ormond Beach areas.

The number of closed single-family home sales in the Palm Coast metropolitan statistical area in March was 272, a 43.9% increase from March of last year, according to data released by Florida Realtors.. The number of closed townhouse and condo sales in the area was 37, a 37% increase from March of last year.

In the Deltona-Daytona Beach-Ormond Beach metropolitan statistical area, there were 892 closed single-family home sales in March, up 21% from March of last year. The number of closed townhouse and condo sales was 236, a 4.4% increase from last year.

Statewide, single-family home sales in March totaled 24,811, up 24.6% from March 2014. There were a total of 11,083 townhouse and condo sales statewide in March, up 13.7% from March 2014.

Single-family home prices in the Palm Coast metropolitan statistical area are also increasing. The median sale price for a single-family home in the Palm Coast metropolitan statistical area was $159,000 in March 2015, up 8.9% from 2014. But prices for condos stayed the same, at a median $155,000.

In the Deltona-Daytona Beach-Ormond Beach metropolitan statistical area, the median sale price for a single-family home in March was $140,000, up 3.7% from March 2014, and the median sale price for a condo was $150,000, up 11.2% from 2014.

Statewide, the median single-family home sale price in March was $190,00 up 9.2% from March 2014. The statewide median townhouse and condo sale price was $152,000, up 8.6% from the March 2014.

To see detailed statewide housing activity data, go to the Florida Realtors Media Center at media.floridarealtors.org.

 

 

Latest News

×

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning local news.