Per the August 2022 monthly market detail report released by the New Smyrna Beach Board of Realtors, the year over year totals for the month of August continued to see increases in home values. The median sale price in August 2021 was $350,000 and August of 2022 was $372,000 – a 6.3% increase. The average sale price saw a massive 25.3% increase going from $423,858 to $531,093. The number of sales saw a slight slowdown of -4.8% going from 126 to 120. If you have been thinking of buying or selling, don’t wait any longer! Reach out to me at (386) 428-5550 or email at Susan@SamsulaRealEstate.com.
Tags: August 2022, average sale price, median sale price, monthly market detail report, single family homes