The real estate market is looking good as we bring summer to a close and welcome in the fall season. According to the August 2020 Monthly Market Detail Report released by the New Smyrna Beach Board of Realtors on September 22, 2020, the average sale price during the month of August was $350,106, up 11.6% from this time last year and a median sale price of $269,000, up 14% from August of 2019. Closed sales were also up to 177 from 112 last year, a 58% increase. New inventory is down substantially for the month of August at 352, down from 526 last year which shows it is a seller’s market!
The full report by the New Smyrna Beach Board of Realtors is available for download at:
If you have been thinking of buying or selling your home or land, give me a call today to discuss! I can be reached at (386) 428-5550 or anytime via email at Susan@SamsulaRealEstate.com