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Spring Market Predictions for Daytona Beach

Tue, Apr 04, 2017 at 12:16PM

Spring Market Predictions for Daytona Beach

Are you looking to buy or sell your home this Spring? If so, be sure to choose an experienced agent who can help you navigate what is predicted to be the toughest real estate market since the peak of the housing boom in 2006. According to a recent article by Florida Realtors, low mortgage rates combined with increased demand for starter homes and low inventory on the market have created market conditions where homes are now selling eight days faster than last year. In areas like Daytona Beach, which has been named by Coastal Living Magazine as the third “hottest” real estate market in the country, it is not unusual for homes in desirable neighborhoods to go under contract in a matter of days. Especially when the homes are priced under $250,000. For sellers, low inventory and rising prices may discourage you from putting your existing home on the market, but our Oceans Luxury Realty team is here to help you get the best price for your home, and find a new home that is perfect for you!

If you are ready to jump into the Spring 2017 real estate market, call 386-236-3700, or stop by our office at 3162 S Atlantic Avenue in Daytona Beach Shores. One of our expert Oceans Luxury Realty sales team members will be happy to speak with you about your goals, and help you get the most from the current Daytona Beach real estate market.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association of REALTORS (updated 11/30/21 6:20 AM) | Stellar MLS (updated 11/30/21 6:31 AM) |
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