Daytona Beachside Condo Market

By
Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

Daytona Beach area besides different cities (Daytona Beach, Daytona Beach Shores, South Daytona, Port Orange, Ormond Beach, Holly Hill and Ponce Inlet) is divided into Beachside, and... pretty much everything else.

Beachside is a long (23-mile) stretch of the barrier island bordered by Atlantic Intracoastal Waterway (Halifax River) and the Atlantic Ocean.

Beachside is a tourist destination in the first place, but not only. It is home to the majority of condominiums in the area. When talking about condos in the area, it is important to distinguish between these distinctly different areas.

I do not know how many condos out of the total 331 in the area are on the Beachside, but I assume that there are way over a hundred.

Of all that number there are 961 unit on sale on the local MLS. This is actually a significant drop from a few months ago, when there were 1066 condo units on the Beachside listed on MLS. So, the inventory is just a bit over 10% down. Here's the breakdown:

86 one-bedroom units from 39,900 to $400,000
509 two-bedroom units priced from $52,555 to $1,140,000
366 three-bedroom units from $149,000 to $2,470,000

From January 1, 2007 until Oct 15, 2007 there were 278 condos sold on the Beachside.

For the same period this year there were 283 units sold on the Beachside. The number of sold unit is insignificantly higher, however, the prices are lower this year than they were last year.

Of course, a 3 bdr in Bayshore for $149,000 is a steal, we were selling 2 bdr units there for that price in 2003.

Well, someone will get themselves a terrific deal.

If you are interested in the opportunities that this market presents, just call me 386-255-5355 in the office (or 386-405-4408 - mobile) or send me an e-mail. It is a shame to miss on those opportunities

logo for FunCoast Realty
Jon Zolsky, Your Daytona Beach connection
www.AtlanticCondos.com

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Volusia County
Groups:
All Things Florida
Florida RealtorĀ® Network
Localism Success and Accountability Group
Posts to Localism
Tags:
ponce inlet condos
oceans condos
port orange condos
ormond condos
daytona beach condos
aytona beach shores condos
vacation codnos

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pants to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Ambassador
1,332,367

Jon Zolsky, Daytona Beach, FL

Selling Daytona paradise for heavenly good prices
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information