August 2021 Real Estate Market Update!

The median sale price continued its upward trend in August, up 30.1% from this time last year with median sale prices increasing from $269,000 to $350,000. The average sale price was also up 21.1% from $350,106 to $423,858. Median time to contract was down substantially from 47 days to only 12 days!July continued to set records over this time last year with 122 sales, a 45.2% increase from July 2020 with 84 sales. The average sale price increased 26.1% from $381,930 to $481,630. Homes don’t remain on the market long when priced right with a median time to contract down 82.9% from 70 days to 12 days!

If you have been thinking of buying or selling in the New Smyrna Beach area, give me a call today! (386) 428-5550

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

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