Thursday, January 9, 2020

2019 Port Orange Real Estate Market Report -YEAR END NUMBERS

2019 Port Orange Real Estate Market Report

The Port Orange real estate market continues to trend well for sellers.  Economic conditions have been favorable over the last year and interest rates have remained low.  These factors, coupled with low unemployment rates and easing of regulations have given way to a strong real estate market in our area. 
Port Orange Real Estate

The Port Orange 2019 Housing Numbers 

The absorption rate is down to 5.13 months while the average list price rose 3.08% to $320,472. Even more impressive, is the average sales price in Port Orange.  The average sales price is now $268,850 up 7.35%.  Sellers also realized a home sale, on average, at 112 days on the market.  Through the MLS system, 7,489 homes sold in Port Orange in 2019.

Realtor Experience Matters

Whether you are considering selling or searching for a home, employing experienced professionals has never been more important than in today's market.  Mark and Jennifer Card have over 40 years of experience to help you not only make informed decisions, but also to help you realize the most money possible from a sale, and in reverse save you money throughout the purchasing process. 

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