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Deltona Real Estate Market Report – 4th Quarter 2019

Enjoy this real estate market report for the Deltona, Florida.

Average Price Ranges

The average price ranges for all homes sold in Deltona, Florida according to Stellar, MLS for the second quarter 2019 (between October 1, 2019 to December 31, 2019.

2019$190,988
2018$178,478
Change7%

With the average price for a home in Deltona was $ 190,988. This was a 7% increase from the same quarter one year ago which makes Deltona one of the strongest markets in West Volusia.

Existing Home Sales

2019542
2018471
Change15.1%

Sales by Month

MonthNumber of SalesAvg Sales Price
January101$182, 248
February131$184,158
March203$181,159
April216$184,627
May239$184,738
June194$185,510
July192 $187,407
August199 $191,134
September174 $199,729
October169 $190,194
November160 $190,966
December213 $191,607
Total2191 $187,605

Deltona Real Estate Market Report

Price Point Year Homes Sold Current Listings Month’s Supply Average Sale Price Avg Listing Price
Under $150,000 2019 110 44 1.20 $ 125,455 $ 125,334
2018 134 64 1.43 $ 123,774 $ 130,497
Change -17.9% -31.3% -16.3% 1.4% -4.0%
$150,000 – $250,000 2019 382 255 2.00 $ 196,978 $ 210,162
2018 303 322 3.19 $ 189,140 $ 130,497
Change 26.1% -20.8% -37.2% 4.1% 61.0%
$250,000 – $350,000 2019 45 55 3.67 $ 275,991 $ 278,849
2018 28 42 4.50 $ 290,097 $ 282,190
Change 60.7% 31.0% -18.5% -4.9% -1.2%
Over $350,000 2019 5 9 5.40 $ 410,050 $ 547,753
2018 4 17 12.75 $ 442,500 $ 542,194
Change 25.0% -47.1% -57.6% -7.3% 1.0%
All 2019 542 363 2.01 $ 190,988 $ 218,651
2018 471 445 2.83 $ 178,478 $ 211,450
Change 15.1% -18.4% -29.1% 7.0% 3.4%
Month’s Supply Formula
# of homes sold divided by
# of months so far in the year = quotient
—————————————
quotient dived by # of current listings = month’s supply
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Allen Thompson

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3 thoughts on “Deltona Real Estate Market Report – 4th Quarter 2019”

  • Check Out What's Going On January 22, 2020 – Deltona Home Source

    January 23, 2020 at 1:26 am

    […] Continue reading by Allen Thompson […]

    Reply
  • Check Out What's Going On January 30, 2020 – Deltona Home Source

    January 30, 2020 at 5:25 pm

    […] West Volusia real estate markets have remained strong in the fourth quarter of 2019. Deltona saw an average price increase of 7% over the previous year. In DeLand, the average sales price was […]

    Reply
  • Market Overview – Deltona Home Source

    February 6, 2020 at 5:22 pm

    […] Deltona saw an average sales price of $190,988, an increase of 7% over the previous year. 542 homes sold in the 4th quarter and 363 remained on the market. That is an 18.4% decrease in inventory.In DeLand, the average sales price was up 4.6% to $230,596 and the current inventory of homes for sale was 335, that is down 8.5% for the same time period the year before. The number of sales was up 13.1%.Orange City saw an increase in the average sales price of 1.5% from a year ago to $193,938, the number of available homes for sale was up 16.1% and the number of homes sold was only up 2%. This is a positive sign as inventory remains very low in Orange City.DeBary witnessed an 8% increase to an average sales price of $269,378 and a nearly 11% decline in the number of homes available for sale.The declining inventory gives reason to believe that home prices in the West Volusia markets will remain strong as buyers will continue to have to compete for their dream homes. More details about each market can be found on our blog at http://www.DeltonaHomeSource.comAll statistics are according to Stellar MLS Data for the fourth quarters of 2018 and 2019. […]

    Reply

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