The real estate market while going through a transition due to interest rates still showed steady increases. Year of year, the number of closed sales dropped 3.3% in July from 122 last year to 118 this year. The median sale price increased 4.9% from $344,750 to $361,490. The average sale price for July 2022 was $454,492. The full market report courtesy of the New Smyrna Beach Board of Realtors can be viewed below.
If you have been looking to buy or sell, contact me today. I can be reached anytime on my cell phone at (386) 428-5550 or via e-mail at Susan@SamsulaRealEstate.com.