New Smyrna Beach Market Snapshot – October 2025
The real estate market in New Smyrna Beach experienced a strong performance in October 2025, reflecting positive growth compared to the previous year.
- Closed Sales: The number of homes sold surged by 34.4%, with 82 homes closing compared to 61 in October 2024.
- Median Sale Price: There was a slight dip in the median sale price, down by 8.7% to $392,500 from $430,000 in October 2024.
- Average Sale Price: The average sale price saw a decrease of 13.3%, dropping to $498,216 from $574,556 in the prior year.
- Dollar Volume: The total dollar volume of sales rose by 16.6%, reaching $40.9 million, up from $35 million in October 2024.
- Median Percent of Original List Price Received: Sellers received about 90.9% of their original asking price, which is a marginal decrease of 0.2% compared to last year.
Market Trends:
- The median time to contract has increased by 13.6%, taking 75 days compared to 66 days in October 2024.
- The median time to sale slightly improved, down by 2.7% to 110 days from 113 days a year ago.
- The number of new pending sales rose by 59.6%, with 91 homes entering escrow, compared to 57 last year.
Inventory Insights:
- New Listings increased by 33%, reaching 125 compared to 94 in October 2024, indicating a healthy influx of new properties on the market.
- Inventory levels were also up, with 515 active listings, compared to 408 last year, resulting in a 6.4 months’ supply of inventory, which is slightly higher than the 5.7 months’ supply in October 2024.
Full report courtesy of the New Smyrna Board of Realtors is below. If you have been thinking of buying or selling, please contact me today! Susan Logan (386) 428-5550 or Susan@SamsulaRealEstate.com