Daytona Beach Market Trends December 2024

Daytona Beach Buyer’s Market for December

  • Price Adjustments & Inventory: Home prices are adjusting, with many properties closing 4-8% below list price. Sales are slower, with homes often staying on the market for over 100 days due to high interest rates.
  • Rental & Investment Properties: Daytona Beach remains a hotspot for second homes and short-term rentals, particularly along the coast. Economic pressures are creating competitive pricing in this market.
  • Flood & Climate Risks: Flood concerns are impacting buyer decisions, as 41% of properties face significant flooding risks over the next 30 years. Buyers are exploring additional insurance and considering long-term climate impacts.

If you’re thinking of buying or selling in Daytona Beach, now is the time to make your move before the holiday lull sets in.

CALL ROBERT NOW at 386-204-0489 to help you navigate the process and take advantage of the current market conditions.