Port Orange 2014 Real Estate Update
The Port Orange single-family home market is on the rise with both the number of home sales and sold prices increasing greatly over the previous three years. The first three-quarters of 2014 has seen 641 Port Orange single-family home sales compared to just 528 sales over the same time frame in 2012. However,the number of homes sold is not always an indicator of an improving market if the sale prices, or home values, are decreasing. This is not the case for Port Orange as both the number of homes sold between $150,000-$300,000 and homes sold for greater than $300,000 have both increased respectively over the past two years.
Port Orange is one of the only local cities continuing construction of new family homes as well. Popular neighborhoods such as Waters Edge have many excellent options for families of all sizes. If you are considering buying or selling a Port Orange home, there is no better time than now. Call Kevin at (386)527-8577 today!