Daytona is selling. (DeusXFlorida)
Condo sales were notably strong across the Daytona Beach area during March. Not surprisingly, sales were significantly higher than last March when the world first heard the words Covid-19 and business activities around the state came to a screeching halt.
An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed that 236 condo units were sold around the Daytona Beach area in March with a median sales price of $250,000. That’s a nearly 31 percent increase in condo sales compared to February and 107 percent increase over March 2020. Sales volume was up by 26 percent over February and rose 126 percent from last March.
Despite the unmistakable economic impacts, ongoing uncertainties, and even a statewide shutdown of business for all non-essential businesses in April, condo sales and prices climbed much higher than expected across Volusia County during 2020.
An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 1845 condo sales across the area from January 1 to December 31. The units sold had a median sales price of $235,000. That’s an 18 percent increase in area’s condo sales total, year over year. And it’s a 13 percent rise in the median condo sales price for the Daytona Beach area.