Great Deals on Homes The housing market is really getting heated up as investors have returned to the market. Locally we’ve heard repeatedly that homes at the lowest prices in various areas have been sucked up. Part of these purchases are by buyers who could not afford to buy homes just years ago. Another segment [...]
Read moreTag: Price Reduction
The West Volusia Association of Realtors recently released their monthly stats. The video sows that inventory has been reduced by 25% while pending sales have increased by over 50%. Median sales price has continued to decline but at a much slower pace in comparison to previous years.
Read moreThere are a number of ways to value your home and several factors to consider. In general, the most important factor is the prices of recent sales in the area. There are three primary tools to consider: Comparative Market Analysis Seller’s Market Update Appraisal Getting an Appraisal Perhaps the most effective way to determine the [...]
Read moreThere are a number of ways to value your home and several factors to consider. In general, the most important factor is the prices of recent sales in the area. There are three primary tools to consider: Comparative Market Analysis Seller’s Market Update Appraisal Seller’s Market Update Perhaps one of the most valuable tools available [...]
Read moreWhen analyzing real estate home sales it is common to see a review of Month’s of Inventory. Simply put, the number of properties on the market divided by the monthly home sales. The concept is a carry over from manufacturing business and helps to determine optimal production levels so that a manufacturer can maximize operations. [...]
Read moreDaytona Home Prices Continue to Stabilize The average price per square foot for single family homes in Daytona Beach continues to be almost completely flat for yet another month. This defies the national average which, to all reports, continues to decline. In addition, the number of sales shows the typical seasonality over the previous year [...]
Read moreHome sales in West Volusia are tracked by Realtors using the MyFlorida MLS System. The data that follows is extracted from the system and looks at 2010 information. Sales Counts by City in West Volusia City Non-Distressed REO/Bank Owned Short Sale Grand Total DELTONA 447 795 296 1538 DELAND 312 220 117 649 DEBARY 118 85 58 261 ORANGE CITY 82 [...]
Read moreThe average price per square foot for homes sold in the Greater Daytona Beach Area stopped declining in 2010. Data from the Daytona Beach Area Multiple Listing Service shows that the average price per square foot for homes sold last year did not change substantially during 2010. The average price per square foot for all [...]
Read moreIntroduction to Daytona Home Sales Market Review “Are we there yet?” may be the most common question asked to real estate professionals. Recently I updated information about real estate sales in Volusia County. By downloading the Volusia County Property Appraiser’s database and loading it into a series of reports there are a number of things [...]
Read more1 Sunshine Blvd, Ormond Beach $524,900 This property is the gateway to the Ormond Beach Airport Business Park. The nicest construction in the park, the location includes both unique office and conditioned industrial/warehouse space. It offers a fantastic entrance in the front with dock high service in the back. The two parts of the building [...]
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