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Has Daytona Beach Real Estate Prices Bottomed Out?

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Many people ask if the Daytona Beach real estate market has bottomed out?  When you look at the numbers it is difficult to tell.  Let's face it the numbers fluctuate month to month, sometimes leaving home buyers scratching their heads.  There is much speculation that more foreclosures are being held back and many of the statistics points to the housing market nationally.  Here is what I can tell you about the Daytona Beach - Port Orange - Ponce Inlet Real Estate Market.

• Each and every month in 2011 so far there has been an increase in the numbers of real estate sales each month.
• Currently real estate inventory is lower than 2010
• Still the largest percentage of sales in the Greater Daytona Beach area is under 100k.
• Homes that were once in the luxury home market are still luxurious but now they compete with short sales, foreclosures and bank owned homes reducing their value but definitely not their quality.
• Home prices have seem to stabilize for the time being again its speculation.  It's difficult to tell especially with rumors that the banks, lenders and financial institutions are holding foreclosures back due to the time it takes to process them.

Does the state of the real estate market really matter when your ultimate goal is to buy a home in Daytona Beach?  For some yes, as home buyers are finding it difficult to qualify for homes.  Investing in real estate, know the facts before your investment blows up in your face.  Buying a home to live in, work with a pro and an agent who listens to your needs.  Here is one fact

Real estate in the Greater Daytona Beach area is affordable regardless of whether you are buying a luxury home or condo. Check out the homes below and if you see something you like please contact me.  Any questions about the state of the current real estate market in Daytona Beach, please ask me.  I am always here to help!

Related Real Estate Listings

$1,240,000.00 ($221.00/sqft) Port Orange Residential For Sale 5 beds, 3 baths, 1 half baths, 5600 living sqft View Full Details Photos Make Offer Request Showing Save ListingVirtual TourMapAsk Question

ROLLOVER TO VIEW 24 PHOTOS MLS #529519 Source: Daytona Beach Area Association of REALTORS | 2883 Rickenbacker Trl, The architecturally designed builder's home... 2883 Rickenbacker Trl Port Orange, FL 32128 The architecturally designed builder's home is organized into several intimate areas. The focal point is a magnificent 42' X 46' central courtyard containing the 15' X 30' indoor pool and spa. This massive entertainment area is entirely paneled ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Subdivision: Spruce Creek Fly In , Lot SQFT: 7156sqft , Built in  1988 , Style: Single Family , Maint Fees: $1,350.00

$995,000.00 ($363.00/sqft) Ponce Inlet Residential For Sale 4 beds, 2 baths, 1 half baths, 2740 living sqft View Full Details Photos Make Offer Request Showing Save ListingMapAsk Question

ROLLOVER TO VIEW 14 PHOTOS MLS #527986 Source: Daytona Beach Area Association of REALTORS | 117 Ponce De Leon Circle, Can Be Subdivided, Oitacol,noitacol,noitacol... 117 Ponce De Leon Circle Ponce Inlet, FL 32127 Location, location, location!paradise living! most sought after street in ponce inlet! 100' direct riverfront with deep water(best in the area) just a few minutes to the inlet. seawall/dock can handle large boat and or many water toys. the property ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Seawall , Riverview , Subdivision: Wharton , Lot SQFT: 5063sqft , Built in  1964 , Style: Single Family

$925,000.00 ($411.00/sqft) Ponce Inlet Residential For Sale 3 beds, 3 baths, 2251 living sqft View Full Details Photos Make Offer Request Showing Save ListingMapAsk Question

ROLLOVER TO VIEW 5 PHOTOS MLS #529396 Source: Daytona Beach Area Association of REALTORS | 4337 Atlantic Ave, Luxury Home For Sale, Pool, Ponce inlet, oceanfront,... 4337 Atlantic Ave Ponce Inlet, FL 32127 Ponce Inlet, oceanfront, beach house for sale with possible owner finance. Large oceanfront pool. 102 ft oceanfront lot, 3 bedrooms, 3 bath, brick fireplace. 3 car garage 2 sea walls, house being sold As-Is, inspections welcome. Great large ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Oceanfront Has a pool , Lot SQFT: 3166sqft , Built in  1965 , Style: Single Family

$786,900.00 ($165.00/sqft) Port Orange Residential For Sale 4 beds, 4 baths, 4764 living sqft View Full Details Photos Make Offer Request Showing Save ListingMapAsk Question

ROLLOVER TO VIEW 12 PHOTOS MLS #504508 Source: Daytona Beach Area Association of REALTORS | 2145 Spruce Creek Cir, 4 BR, Golf Course, Luxury Home For Sale, Single Family 2145 Spruce Creek Cir Port Orange, FL 32128 Price reduced $78,100.00 since 5/2/10, NOW $786,900.00 | Built in the "Key West" style with 7, 800 sq. ft. under roof, this Energy Efficient (Very low utility costs) 2.4 acre pool home with deck / large screen (44'x43') is located in an equestrian community of finer homes and premiere school district. ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Golf Course , Subdivision: Whispering Creek , Lot SQFT: 7869sqft , Built in  2006 , Style: Single Family

$750,000.00 ($171.00/sqft) Daytona Beach Residential For Sale 4 beds, 2 baths, 1 half baths, 4382 living sqft View Full Details Photos Make Offer Request Showing Save ListingMapAsk Question

ROLLOVER TO VIEW 13 PHOTOS MLS #506531 Source: Daytona Beach Area Association of REALTORS | 1620 Roosevelt Blvd, 2.5 BA, Wooded, Daytona Beach, Single Family, Roosevelt Park 1620 Roosevelt Blvd Daytona Beach, FL 32124 Lets begin with this is not a short sale or a stress sale...total upgrades through out . 2 a/c units . extreme energy efficiency. . lots of privacy. mother law separate unit and loaded. Low interest financing available. Get Pre-Qualified Top Features: for sale , Golf Course , Subdivision: Roosevelt Park , Lot SQFT: 3599sqft , Built in  2003 , Style: Single Family

$750,000.00 ($317.00/sqft) UNIT #6103 Ponce Inlet Residential For Sale 3 beds, 3 baths, 2365 living sqft View Full Details Photos Make Offer Request Showing Save ListingVirtual TourMapAsk Question

ROLLOVER TO VIEW 14 PHOTOS MLS #509780 Source: Daytona Beach Area Association of REALTORS | 4575 Atlantic Ave Unit: 6103, 3 bathrooms, 3 BR, Oceanview, Towers Six Condominium 4575 Atlantic Ave Unit: 6103 Ponce Inlet, FL 32127 -Gorgeous 1st floor oceanfront unit. Only 24 1st floor 3/3 oceanfront units! THIS JEWEL WILL GIVE THE PROUD OWNERS VERYINTIMATE RESORT STYLE LIVING AT ITS FINEST. Rarely do these units come up for sale! Out the door and to the beach we go. This ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Oceanfront , Oceanview Has a pool , Lot SQFT: 2500sqft , Built in  1996 , Style: Condominium , Maint Fees: $549.00

$750,000.00 ($180.00/sqft) Port Orange Residential For Sale 4 beds, 4 baths, 1 half baths, 4160 living sqft View Full Details Photos Make Offer Request Showing Save ListingVirtual TourMapAsk Question

ROLLOVER TO VIEW 24 PHOTOS MLS #528202 Source: Daytona Beach Area Association of REALTORS | 1713 Baron Ct, Luxury Home For Sale, $150,000 price reduction hangar home 2012 whole... 1713 Baron Ct Port Orange, FL 32128 Price reduced $149,900.00 since 2/9/12, NOW $750,000.00 | $150, 000 price reduction hangar home 2012 whole house remodel using old world best of breed artisans and materials, casual elegance for the sophisticated owner who demands the best, 7, 515 sqft under roof 4, 160 sqft main house, hangar 2, 219 sqft ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Subdivision: Spruce Creek Fly In , Lot SQFT: 7515sqft , Built in  1995 , Style: Single Family , Maint Fees: $1,350.00

$725,000.00 ($371.00/sqft) UNIT #1202 Ponce Inlet Residential For Sale 3 beds, 3 baths, 1952 living sqft View Full Details Photos Make Offer Request Showing Save ListingVirtual TourMapAsk Question

ROLLOVER TO VIEW 22 PHOTOS MLS #527033 Source: Daytona Beach Area Association of REALTORS | 4630 Harbour Village Blvd Unit: 1202, Harbour Village Condominium, This is a dream come... 4630 Harbour Village Blvd Unit: 1202 Ponce Inlet, FL 32127 This is a Dream come true "Turn Key" condo that is on the Intracoastal Waterway that will take your breath away!! This end unit condo spells luxury, it is fully furnished and professionally decorated. The beauty of this condo is the water, ... Low interest financing available. Get Pre-Qualified Top Features: for sale , Lot SQFT: 2333sqft , Built in  2001 , Style: Condominium , Maint Fees: $616.00

$699,000.00 ($290.00/sqft) UNIT #302 Daytona Beach Shores Residential For Sale 3 beds, 3 baths, 2409 living sqft View Full Details Photos Make Offer Request Showing Save ListingMapAsk Question

ROLLOVER TO VIEW 10 PHOTOS MLS #485225 Source: Daytona Beach Area Association of REALTORS | 3343 Atlantic Ave Unit: 302, Marbella Condominium, Daytona Beach Shores 3343 Atlantic Ave Unit: 302 Daytona Beach Shores, FL 32118 Enjoy watching beautiful sunrises and views of the Atlantic Ocean from your oceanfront balcony overlooking the heated pool at beautiful Marbella. This three bedroom, three bath split plan is situated on the northeast corner of the third floor ... Low interest financing available. Get Pre-Qualified Top Features: for sale, new construction , Lot SQFT: 2815sqft , Built in  2007 , Style: Condominium , Maint Fees: $2,043.00

$679,000.00 ($153.00/sqft) Daytona Beach Residential For Sale 6 beds, 4 baths, 1 half baths, 4428 living sqft View Full Details Photos Make Offer Request Showing Save ListingVirtual TourMapAsk Question

ROLLOVER TO VIEW 24 PHOTOS MLS #525570 Source: Daytona Beach Area Association of REALTORS | 1000 Peninsula Dr, Single Family, Daytona Beach, Luxury Home Short Sale, For Sale 1000 Peninsula Dr Daytona Beach, FL 32118 Price increased $179,001.00 since 11/22/11, NOW $679,000.00 | Bank of America FL Coop Short-SET PRICE!!Quick close!! They said to bring an offer. Now is the time to take advantage of the market and own your own riverfront home. Direct on the Halifax river and over 1 acre lot. Recent renovations include:electric, plumbing, bath ... Low interest financing available. Get Pre-Qualified Top Features: short sale, for sale , Riverview Has a pool , Subdivision: Hustons , Lot SQFT: 5722sqft , Built in  1905 , Style: Single Family LISTING AGENT Carlos Ring Bio & Listings

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