It’s been a hot summer, and this time we are talking about the real estate market rather than those 90+ degree days. This past July was a great month for Daytona Beach area real estate, setting the highest marks in both average sale price and units sold that we have seen in years. Properties are also not sitting on the market for nearly as long, as the average days on market made a sizable drop from years past. Let’s review some of these numbers and see where Kevin Kling’s real estate knowledge and experience pushes these averages to new heights.
The number of total units sold in the Daytona Beach MLS rose from 442 in 2012 to 577 this year. This is nearly a 25% increase in volume this year, compared to the more modest 15% increase seen from 2011 to 2012. Kevin Kling had eight completed transactions in July totalling just over $2.5 million, making his average sale $316,562.50! This will be important as we move on to Average Sale price for July.
As you can see, the average sale price rose quite significantly this year, from $148,910 in 2012 to $174,141 this year. That’s over $25,000 more value, on average, being earned by Daytona Beach area Realtors this year over last. But remember Kevin’s July 2013 average sale price? That’s right, $316,562.50, nearly double that of the Daytona Realtors average. The final graph here will show a steady decline in average days on market for Daytona Beach area homes and condos.
With the prices going up and the number of days on the market going down, this a great time to earn top-value for your property. Kevin Kling is ready to design a specific marketing plan for your property that will produce great results for you and continue to allow us to raise the bar on Daytona Beach area real estate sales.
*Stats taken from Daytona Beach MLS and sold by participants.