Hi, I’m Quest the house hunter sniffing out deals in Ormond Beach Florida. Attention beachside Buyers!
Here’s a quick update on the current market trends for single family homes as of January 2025.
We have the 12-Month Change in Months of Inventory, which has seen an increase of 15.01%. This means that inventory levels have been rising over the past year, potentially giving buyers more options to choose from.
The Sold to List Price Percentage is currently at 95.4%, indicating that homes are selling for very close to their list price. This could mean that sellers are pricing their homes competitively, or that there is strong demand in the market.
With a Median Sold Price of $400,000, you can find your dream home at a great value in our area. The market is moving quickly, with a Median Days on Market of just 44 days. Now is the perfect time to start your search! Don’t miss out on the opportunity to find your perfect home!
Overall, these metrics paint a picture of a market that is dynamic and competitive. As a buyer, it’s important to stay informed and be prepared to act quickly when the right opportunity comes along.
Whether you’re a first-time buyer, relocating to Florida, or a seasoned investor, understanding the market trends is crucial for making informed decisions.
Christy Reuter and I are a dynamic duo. We can sniff out the right property for you.
Give Christy Reuter a call at 386-451-0666.
Happy house hunting!