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Sales Skyrocket As Inventory Levels Continue To Fall

Dec 20, 2020 4:07 PM Daytona Beach, FL - A new report from local realtors says Daytona Beach home sales skyrocketed throughout November, even as inventory levels continued a sharp decline. The report from Wyse Home Team Realty says the Daytona Beach Multiple Listing Service (MLS) recorded 438 single-family home sales with a median price at $270,128—more than 20 percent higher than sales reported in November 2019. This came even as October s already diminished inventory dropped another 9  percent, which continues a falling trend local realtors like Ron Wysocarski—broker and CEO of Wyse Home Team Realty—have been following for the past few months. “Inventory levels fell harder than usual this year as we headed into the holiday season,” said Wysocarski. “The fact so many homebuyers found a deal to close when there were so few homes to choose from is a testament to the intensity of buyer demand right now.” MLS reports further i

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