Based on our workload alone, where we have averaged just under two completed transactions per week, it appears that 2013 will be a very prosperous year for Port Orange real estate. But wait, I know what you are going to say: “Kevin is so busy because of his commitment to client needs and outstanding work-ethic, not necessarily because of a turn in the market.”
While this is also true, the numbers don’t lie. In the first quarter of 2013, Port Orange average sale prices have risen nearly 10% from last March, and the average number of days on the market has decreased by over 14% from 132 to 113. This may not seem like a huge difference, but the nearly 3 weeks difference in time-on-the-market illustrates a building force of motivated buyers in the Port Orange area. And these “motivated” buyers are not simply low-ball investors or flippers, as have been a staple of the housing market for the past several years, but rather, are a new wave of home-buyers as depicted by the rise in average sale price and a volume of listings that also garnered nearly $4 million more in sales than a year ago.
Port Orange is growing by leaps and bounds, both in the residential and commercial sector. Be apart of this growth by finding the perfect Port Orange property for you and your family, or by earning top-dollar on your current Port Orange home. Call us today and let us do the rest.