Daytona Beach Home Sales Slow in January

January residential home and condos sales in the Daytona Beach are were low at 160 in January 2008 compared to 223 homes and condos sold last year for a decline of about 28%. This is pretty close to the NAR forecast nationwide of an approximate 23% decline in sales from the first quarter of 2007 to the first quarter of 2008.

I will report monthly on Daytona Beach area home and condo sales. Click for graphs of trends for Daytona Beach and Ormond Beach Property Sales for the last year.