Condo Sales Recovered In June

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Daytona Beach, FL - After falling for the past couple of months, condo sales on the World's Most Famous Beach bounced back throughout June.

The latest Multiple Listing Service (MLS) analysis by Wyse Home Team Realty showed that 169 condos sold in the area with a median sales price of $225,000 in June. According to Wyse Home Team Realty, that's nine more sales over June of last year and more than double the number of condos sold in May.

Last month's sales volume was also 15% higher than last year's and 12.5% higher than May's.

"This is the bounce back in the market that we've been waiting for," said Ron Wysocarski, Broker and CEO of Wyse Home Team Realty. "We weren't sure how well the market would bounce back after the months of closures and uncertainties that the coronavirus brought."

Year-to-date, sales are actually down 10% from the first half of 2019, while the median sales price is up by 6%.

Sales highlights from last month include a $695,000 condo that was sold in New Smyrna Beach, a $630,000 sale in Ormond Beach and a $625,000 sale in Daytona Beach shores.

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