Real Estate Trends
Deltona-Daytona Beach-Ormond Beach is expected to see 18.7% growth in housing sales and prices by 2025. The area, known for its beach communities and tourism-driven economy, is an attractive location for buyers. Outdoor recreation and beautiful beaches contribute to its appeal. However, like many coastal areas, it faces risks related to hurricanes. Deltona-Daytona...
Home sales dropped 14.7% in September, with 262 closings compared to 307 in September 2023. Sales dropped 10.2% year-over-year, with 661 homes sold compared to 736 in September 2023....
Lower mortgage rates and economic improvement will drive a recovery in home sales, particularly in luxury markets. Sustained demand for single-family and luxury homes will keep prices rising, although at a more moderate pace....
Miami-Dade County condo sales and dollar volume ↓ during the July 4th week. Condo dollar volume ↓ from $126M to $56M, while the number of sales ↓ by over half. The avg price of condos sold ↓ from $743K to $619K....
Home prices in 68 major US cities have doubled in less than 10-yr. In Miami, the price of a typical home ↑ 100% in just 6-yr....
Gradual Rise in Prices: Median home prices in Florida are slowly increasing.Regional Variations: Price changes vary across the state, with areas like Miami experiencing higher jumps....
