Market Update – Susan Logan, Realtor – New Smyrna Beach, Samsula homes & land for sale. Port Orange, Daytona Beach, Edgewater, Ormond

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:

Monthly-Market-Detail-August-2021 Download

July 2021 Real Estate Market Update!

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!

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

July-2021-Real-Estate-Market-Update Download

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

June 2021 Real Estate Market Update!

The month of June continued to show increases with a 23.4% median sale price increase from this time last year from $255,000 to $314,610. The average sale price also increased 23.1% to $430,895. The median time to contract saw a substantial drop of 80.3% from 61 days to 12 days.

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

June 2021 Monthly Market Detail Report Download

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:

May-2021-Monthly-Market-Detail Download

April 2021 Real Estate Market Update!

The month of April continued to be a pace setter in the New Smyrna Beach area compared to this time last year with 189 closed sales versus 95 in April of 2020. The median sale price was up 36.5% to $355,000 from $260,000 and average sale price up to $491,740 from $367,314 last year. Median time to contract last month was 20 days! Last year at this time the median time to contract was just over 2 months. Low inventory continues to make it a seller’s market with only 205 active listings in the New Smyrna Beach Board of Realtors compared to 510 last year, a 59.8% decrease. If you have been thinking of selling – now is the time!

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

April-2021-Monthly-Market-Detail Download

March 2021 Real Estate Market Update!

The average sale price in March of 2021 continued this year’s increasing trend with an average sale price of $390,294, up 16% from this time last year when it was $336,449. The median time to contract is down 52.8% from March of 2020 at only 25 days! Inventory is so low that when a property is priced right, is under contract very quickly! The number of active listings in the New Smyrna Beach Board of Realtors for single family homes shows 203 listings versus 551 last year in March of 2020.

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

March-2021-Market-Update Download

If you have been thinking of selling your home or land, or looking to buy in the 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

February 2021 Real Estate Market Update!

The real estate market showed no signs of slowing entering the second month of 2021 with 15% more closed sales over this time last year. The median sale price increased to $289,945 from $270,000 in February of 2020. The average sale price saw a 30.8% increase to $406,856 from $311,084 this time last year. The median time to contract dropped over 50% to 28 days versus 59 days last year. The lack of listings is surely contributing to the higher sale prices… this is definitely a seller’s market so if you have been looking to sell – now is the time!

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

February-2021-Real-Estate-Market-Update Download

January 2021 Real Estate Market Update!

As we began 2021, the real estate market continued showing increases. According to the January 2021 Monthly Market Detail Report released by the New Smyrna Beach Board of Realtors on February 19, 2021, the average sale price during the month of January was $401,015, up from January 2020 when the average sale price was $348,754, a 15% increase. The median sale price was $289,950, up 11.8% from January of 2020.

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

Monthly-Market-Detail-January-2021 Download

December 2020 Real Estate Market Update!

As we entered the final month of 2020, the real estate market was still showing increases. According to the December 2020 Monthly Market Detail Report released by the New Smyrna Beach Board of Realtors on January 22, 2021, the average sale price during the month of December was $412,309, up from December 2019 when the average sale price was $351,965, a 17.9% increase. The median sale price was $327,500, up 14.9% from December of 2019.

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

December-2020-Monthly-Market-Detail Download

If you have been thinking of buying or selling your home or land, give me a call today to discuss! I can be reached at (386) 428-5550 or anytime via email at Susan@SamsulaRealEstate.com

November 2020 Real Estate Market Update!

As we entered the Holiday season, the real estate market was still humming along. According to the November 2020 Monthly Market Detail Report released by the New Smyrna Beach Board of Realtors on December 22, 2020, the average sale price during the month of November was $412,885, up substantially from November 2019 when the average sale price was $278,682, a 48.2% increase. The median sale price was $284,990, up 18.7% from November of 2019. Interesting to note was the number of cash sales almost doubled from 29 in November of 2019 to 43 in November of 2020. Closed sales were also up to 137 from 111 last year, a 23.4% increase.

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

November-2020-Market-Detail-Report Download

If you have been thinking of buying or selling your home or land, give me a call today to discuss! I can be reached at (386) 428-5550 or anytime via email at Susan@SamsulaRealEstate.com