Here is a Market Update for Volusia County for January 2018 vs January 2017.
January Property sales were 341, down -1.7% from 347 in January of 2017 and -26.3% lower than the 463 sales last month. January 2018 sales were at a mid level compared to January of 2017 and 2016. January YTD sales of 341 are running -1.7% behind last year's year-to-date sales of 347.
The Median Sales Price in January was $177,900, up 20.2% from $148,000 in January of 2017 and up 1.7% from $175,000 last month. The Average Sales Price in January was $205,363, up 16.8% from $175,859 in January of 2017 and up 4.4% from $196,741 last month. January 2018 ASP was at highest level compared to January of 2017 and 2016.
The Total Inventory of Properties available for sale as of January was 1,188, down -5.8% from 1,261 last month and down -11.7% from 1,345 in January of last year. January 2018 Inventory was at the lowest level compared to January of 2017 and 2016.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2018 MSI of 3.5 months was at its lowest level compared with January of 2017 and 2016.
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for January was 60, up 7.1% from 56 days last month and equal to 60 days in January of last year. The January 2018 DOM was at its lowest level compared with January of 2017 and 2016.
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The January 2018 Selling Price per Square Foot of $122 was up 1.7% from $120 last month and up 19.6% from $102 in January of last year.
This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2018 was 567, up 21.7% from 466 last month and down -2.1% from 579 in January of last year.
Deltona Lakes Unit 64 SubDv.
Deltona Lakes Unit 73 SubDv.
Deltona Lakes Unit 33 SubDv.
Daytona Park Estates Sec B SubDv.
Towers At Ponce Inlet Tower 01 Condo SubDv.
Saxon Ridge Ph 01 SubDv.
Orange City Hills Sec A SubDv.
Deltona Lakes Unit 11 SubDv.
Grand Champion Sw 29 Ph 02 SubDv.
Vacant Residential home! Great neighborhood! Come build your dream home!
Deltona Lakes Unit 44 SubDv.
Daytona Park Estates Sec F SubDv.
Breezewood Park Unit 06 SubDv.
Deltona Lakes Un 31 SubDv.
Hidden Pines Ph 02 SubDv.
Come see this wonderful land in the emerging THE LEON SPRINGS area.
Deltona Lakes Unit 53 SubDv.
Deltona Lakes Unit 69 SubDv.
Deltona Lakes Unit 27 SubDv.
Beverly Villas Condo 01 Add 01-07 SubDv.
Victoria Park Increment 4 Northe SubDv.
Victoria Park Increment 03 SubDv.
Deltona Farms Estates Unrec SubDv.
Arbor Ridge Unit 01 SubDv.
Daytona Park Estates Sec E SubDv.
Lake George T A & V Delta SubDv.
Chadham By Sea Condo SubDv.
Deltona Lakes Unit 3 SubDv.
Sawgrass Point Ph 03 SubDv.
Quail Hollow On River SubDv.
Pine Trace Unit 01 SubDv.
Pickett Grant New Smyrna SubDv.
Little Town Village Ph 01 Pt Rep SubDv.
Deltona Lakes Unit 12 SubDv.
Deltona Lakes Unit 17 SubDv.
S Bonnet Mitchell Ph 02 SubDv.
Evergreen Terrace Add 01 SubDv.
Deltona Lakes Unit 35 Rep Tr B SubDv.
Deltona Lakes Unit 28 SubDv.
Venetian Bay Ph 1a SubDv.
Summager Blk 70 Daytona SubDv.
Deltona Lakes Unit 08 SubDv.
Lake Helen Blks 171-172 & 183-184 Wards Resub SubDv.
Whispering Creek Unit 01 SubDv.
Rolling Acres Estates Unit 01 SubDv.
Deltona Lakes Unit 21 SubDv.
Sandpiper Lake At Pelican Bay Condo Ph 02-05 SubDv.
Victoria Park Increment Three Southwest SubDv.
Lakes At Spruce Creek SubDv.
Deltona Lakes Unit 77 SubDv.
Deltona Lakes Unit 20 SubDv.
Ocean Walk Condo At Nsb Bldg 08 SubDv.