- April 26, 2024
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by: Heather Scofield
Marketing Director, Wyse Home Team Realty
Condo sales remained strong in June across the Daytona Beach area.
An analysis of Daytona Beach Multiple Listing Service data by Wyse Home Team Realty showed that 198 condo units were sold around the Daytona Beach area in April with a median sales price of $257,450. It’s a few units less than the number of condos sold in May and up 17% from June 2020. Sales volume in June was up by more than $15 million from last year. And MLS reports show the median condo sales price in June was 14% higher than the median price in 2020.
“As anticipated, condo sales and prices remained steady during June,” said Ron Wysocarski, Broker and CEO of Wyse Home Team Realty in Port Orange. “And while Daytona Beach condo market conditions have been very strong, it remains to be seen if the recent collapse of a south Florida condo building will impact condo sales locally during July.”
The inventory of available condos fell further in June, resulting in just 448 condo units made active at some point during the month. That’s down from 460 units active in May and it’s 55% lower than the 1,014 available condo units in the Daytona Beach MLS during June 2020.
Year to date, condo sales are up 72% and the median condo sales price rose 22% over the first half of 2020.
Daytona Beach MLS data for Condo and Condotel Sales combined:
“We saw another uptick in sales during June at Daytona’s resort-style condotel buildings,” Wysocarski said. “The area continues to be an attractive spot for affordable vacation investments.”
June 2021 Daytona Beach MLS data for Condos and Condotels separated:
June 2021 highlights of luxury condo sales in the Daytona Beach area include:
