About Daytona Beach Shores' The Oceans

Daytona Beach Shores 3 bedroom condos on the ocean start at $190,000. There are only two 3 bdr condos for sale for less than $200K. Not a big number by any stretch.

Lowest priced 3 bedroom unit sold in Daytona Beach Shores in 2011 was a unit in Sea Fern ($114,500), but still only 3 units were sold for under $200K.

In 2010 there were fewer units sold, but the lowest priced oceanfront unit was $200K.

This is not surprising that we see more activity in the 2 bedroom segment, than in 3 bedroom, but the gap is not wide and usually 3 bedroom units are next to start going up.

Looking for a condo in Daytona Beach Shores? Call me at 386-405-4408, or shoot me an e-mail.

I am looking at 2/2 units for sale in all oceanfront buildings in The Oceans in Daytona Beach Shores. Changes from just a few months ago are stunning. The lowest price went up from $110,000 to $174,900. Such a dramatic rise in such a short time during the slowest season in Daytona is remarkable.

Total number of 2/2 units for sale is 40 in 11 Oceanfront buildings is really a small number. This is just another striking sign of decreasing inventory, which usually is accompanied by increase in prices.

If we look at sales, there were 36 units sold in 2011, starting from $110,000. Out of these 36 units 22 units were sold for less than the lowest price for a 2 bedroom unit today.

For comparison, in 2010 there were 31 units sold in The Oceans sand the prices were from $130,000.

2011 started with lower prices, but in the second half of the year the prices went up and quite significantly.

Do numbers tell us anything? Depends whether we listen...

If you are looking for condos in Daytona Beach area, just call 386-405-4408, or shoot me an e-mail