Daytona Beach Real Estate Weekly Market Report

 

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Daytona Beach Homes Market Report
April 28, 2008

The following information is presented to give you a quick idea of the current state of the Daytona Beach Home and Condo market including homes sold, home inventory, mortgage rates and real estate news of note. Longer Term analysis can be found at our Daytona Beach Real Estate Market Analysis. The market report includes Daytona Beach, Ormond Beach Real Estate, Holly Hill Real Estate, South Daytona Real Estate, Ponce Inlet, Wilbur by the Sea, and Ormond by the Sea.

Weekly Homes Sold Report

This Week Homes Sold Report

Period Homes Sold
Last Week (April 14-20) 61
Last Month (March 14-20) 66
Last Year (April 14-20, 2007) 71

Month To Date Homes Sold Report

Period Homes Sold
This Month (April 1-20) 154
Last Month (March 1-20) 131
Last Year (April 1-20, 2007) 161

Year to Date Daytona Beach Homes

Period Homes Sold
This Year (January - April 20) 758
This Year (January - April 20, 2007) 924
Last Year (April 14-20, 2007) 71

(Note: homes sold is delayed one week to account for delays in entering information after a sale)

Homes Sold Analysis

A quick glance at the numbers shows that we are looking better than last month at this point, but we won't know until the full month results are in. We are down from this time last year, but that's because we really didn't stabilize at current rates until late last summer. Since then, we have been pretty steady month to month.

Current Mortgage Rates

 

Today

Last Week

30 YR Fixed

5.87%

5.90%

15 YR Fixed

5.47%

5..47%

5/1 ARM

5.65%

5.64%

30 YR Fixed Jumbo

7.22%

7.18%

5/1 Jumbo Arm

6.53%

6.63%

Note: Jumbo Limit for the Daytona Beach area is $417,000.  Source: BankRate.com

Home Inventory Numbers

As of today, there are 6339 residential properties on the market. This number is down from the beginning of the year when there were just under 7,000 residential properties on the market.

Recent Real Estate News of Note

10 Signs to the Bottom of Real Estate Markets
Near and dear to Daytona Beach Home buyers and sellers. Gives some good things to watch for.

If you have other information you would like to see as part of the Daytona Beach Real Estate Market weekly report, please send me a message and let me know.


CenterPointe Realty
1445 N Atlantic Ave
Daytona Beach, FL 32118

 

 

 

 

 

 

 

 

 

 

Daytona Beach Real Estate