August Daytona Condo Report 2013
The Summer selling season is going strong with another sound showing in Daytona Beach area condo sales. August 2013 saw 128 units sold, a 33% increase from the number of condos sold in August 2011.
While many more condos are selling, this is not necessarily indicative of an improving market. There have been many shortsale and foreclosure opportunities in the Daytona Beach real estate market over the last few years which could be a factor in the rising sales totals. However, when you review the selling prices broken down into average price per square foot, it appears the Daytona Beach condo real estate market is heading in the right direction.
While 2012 saw a drop-off in price-per-square-foot from 2011, this number has jumped to a 5-year-high in August 2013. From August 2012 to this year, condo value increased 16%. adding an extra $78,704 this year on the same $500,000 condo sold in 2012. And one of the other great aspects of this improving condo value and record number of sales is the fact that these properties are actually closing quicker than they have in years.
Down from 155 days on market in August 2011, Daytona Beach condos sold in just 117 days last month. Imagine selling your luxurious Daytona Beach condo in less than four months and for the highest values seen in years. This dream can very much become a reality, especially with the assistance of an experienced Realtor like Kevin Kling.
As you can see, Kevin Kling literally raises the bar on Daytona Beach condo sales, earning 31% more value than the average of the 1,500+ Realtors that comprise the Daytona Beach MLS. While Kevin Kling takes higher priced listings on average, he is still earning a higher list-to-sale-percent than the combined Daytona MLS as well. When it comes to buying or selling luxury real estate like Daytona Beach condos, do you want an average agent, or do you want a Realtor that goes above and beyond to earn top-dollar for you? The answer is easy and so is the phone call. Contact Kevin Kling today at (386) 527-8577 and get the real estate results you’ve been looking for.