As we entered the Holiday season, the real estate market was still humming along. According to the November 2020 Monthly Market Detail Report released by the New Smyrna Beach Board of Realtors on December 22, 2020, the average sale price during the month of November was $412,885, up substantially from November 2019 when the average sale price was $278,682, a 48.2% increase. The median sale price was $284,990, up 18.7% from November of 2019. Interesting to note was the number of cash sales almost doubled from 29 in November of 2019 to 43 in November of 2020. Closed sales were also up to 137 from 111 last year, a 23.4% increase.
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