May 2021 Real Estate Market Update!

May continued to show increases over the same time last year in New Smyrna Beach area with 145 closed sales. Inventory is very low, so if you have been thinking of selling – now is the time! The median sale price was up 49.3% from $240,495 in 2020 to $359,000 in 2021. The average sale price rose 134.1% over last year from $301,838 to $492,198. The median time to contract dropped substantially, over 78% from 51 days to under contract in 11 days!

The full report by the New Smyrna Beach Board of Realtors is available for download at:

If you have been thinking of selling your home or land, or looking to buy in the New Smyrna Beach, Edgewater, Oak Hill, Osteen, Port Orange, Daytona Beach, Ormond Beach, Ponce Inlet, Debary, DeLeon Springs, Pierson, or greater Volusia County area, give me a call today to discuss! I can be reached at (386) 428-5550 or anytime via email at Susan@SamsulaRealEstate.com

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