Lisa Hill (Daytona Beach Real Estate)

Well this is it. My last post in my 2007 real estate year-in-review series. I have now covered all of east Volusia County, with the exception of a couple of tiny towns that only had 1 or 2 sales last year. Within the next few days, I'll put everything together and create one chart for comparing all the cities in one place.

Like I've done in each of the other posts, I'm going to insert a snippet from my Daytona Beach post here, before continuing with the real estate sales data for the city of Edgewater.

"In the summer of 2005, the Daytona Beach area MLS only had approximately 1000-1400 residential listings available at any given time. This low supply, coupled with a heavy housing demand was causing our real estate prices to skyrocket and bidding wars were common. Then toward the end of 2005, the inventory slowly started to climb, as the speculator-investors completed their remodeling projects and began putting their prized inventory back on the market." ... "It was at the beginning of 2006 that some real estate agents in east Volusia County, where the Daytona Beach Area Association of REALTORS is located, began to report slower sales. I can't speak for everyone, but I personally saw no change in my sales until July of 2006. In fact, by June of 2006 I had already beat my 2005 year-to-date sales and was set to have another record-breaking year."

Click here to read the full report from the Daytona Beach real estate sales: 2007 year in review.

And view the charts and information for each of the other coastal cities of East Volusia County below.

1. Daytona Beach
2. Daytona Beach Shores
3. Port Orange
4. Ormond Beach
5. Ormond by the Sea
6. Ponce Inlet
7. South Daytona
   
8. Holly Hill
9. Wilbur-by-the-Sea
10. New Smyrna Beach

Now for the Edgewater real estate sales data for the years 2000-2007, view the chart below...

And since Oak Hill is to the immediate west of New Smyrna Beach and Edgewater, but it's such a small town, rather than create a separate post for Oak Hill, I've created a chart for it. That chart is located below...

To buy or sell real estate in any of the cities on this list, make a Smart Choice and contact Lisa Hill.

www.LisaHillRealtor.com

Over the past few weeks I've been covering the 2007 real estate sales for the Daytona Beach area. You can read those posts here...

1. Daytona Beach
2. Daytona Beach Shores
3. Port Orange
4. Ormond Beach
5. Ormond by the Sea
6. Ponce Inlet
7. South Daytona
8. Holly Hill
   
9. Wilbur by the Sea

Now immediately to the south of the Daytona Beach area... more precisely, just south of Port Orange, is New Smyrna Beach. One unique factor about New Smyrna Beach is it's proximity to Orlando. Many people who work and live in Orlando own second homes in New Smyrna Beach. That has long been one of the big forces that drive the New Smyrna Beach real estate market.

While the Daytona Beach area relies on tourists and seasonal residents from out-of-state, New Smyrna Beach, even though it's only 20 miles to the south, has different real estate trends due to it's many buyers coming from just an hour away. If you look at the charts you'll find on each of the other city links and compare them to the New Smyrna Beach chart, these differences will be significantly noticeable.

As this chart shows, New Smyrna Beach didn't have the extremely high peaks that all the other local cities had. Instead, it shows the sales following the national, overall economic trends.

For more information about the city of New Smyrna Beach, read these blogs I've posted in the past.

• New Smyrna Beach New Construction and Native Plants
• Venetian Bay Luxury Community in New Smyrna Beach
• Great Dining in New Smyrna Beach FL

If you're considering buying or selling real estate in New Smyrna Beach, make a Smart Choice and contact Lisa Hill.

In my blog titled Daytona Beach Real Estate: 2007 Year in Review, I gave many details on the history of the Daytona Beach area real estate market over the last few years. Since Wilbur-by-the-Sea is closely linked to Ponce Inlet, and is part of the Daytona Beach area, I highly recommend you read most importantly, the Daytona Beach post, but also view the charts in each post.

As I said in the Daytona Beach post, it was at the beginning of 2006 that some real estate agents in east Volusia County, where the Daytona Beach Area Association of REALTORS is located, began to report slower sales, while I personally didn't experience the market drop until July of 2006. Meanwhile, much of the rest of the country was already a year into the real estate decline.

Before I provide the real estate sale data for Wilbur-by-the-Sea, I'd also like to recommend my recent posts titled Real Estate is Great in 2008 and Good News for Central Florida Real Estate in 2008, to find out how my year has started.

Now for the Wilbur-by-the-Sea sales data.

Here are all of my previous posts, covering each of the cities in east Volusia County.

1. Daytona Beach
2. Daytona Beach Shores
3. Port Orange
4. Ormond Beach
5. Ormond by the Sea
6. Ponce Inlet
7. South Daytona
   
8. Holly Hill

1100 Dunlawton Ave., Port Orange, FL 32127 386-761-6100

As I continue with my blog posts for each city in east Volusia County (the Daytona Beach area) and provide you with up-to-date, year-end real estate information for 2007, this post will cover the city of Holly Hill. If you're keeping track, this is post number 8 in this series. So far we've covered...

1. Daytona Beach
2. Daytona Beach Shores
3. Port Orange
4. Ormond Beach
5. Ormond by the Sea
6. Ponce Inlet
7. South Daytona

If you're not familiar with the Daytona Beach area, you may want to read my post about the separation lines of each city. What many people believe is all Daytona Beach, is really many small cities. You can drive from end-to-end in less than 30 minutes.

As I continue this series of posts, I'll once again refer to my original post about Daytona Beach, and use an excerpt from that post. I started that post by saying "I recently posted 2 blogs about how well the year 2008 has started in Volusia County. This is great news compared to the great real estate meltdown of 2007. Read Real Estate is Great in 2008 and Good News for Central Florida Real Estate in 2008 to find out how my year has started."

So far the brisker business is holding and we're all hoping it will continue to do so. In my Daytona Beach post, I also referenced the peak of our local real estate market, and the inevitable decline is property values, and exactly when it started; which for the record, but much later than many other areas of the U.S. Here's an excerpt from that portion of the post..."In the summer of 2005, the Daytona Beach area MLS only had approximately 1000-1400 residential listings available at any given time. This low supply, coupled with a heavy housing demand was causing our real estate prices to skyrocket and bidding wars were common. Then toward the end of 2005, the inventory slowly started to climb, as the speculator-investors completed their remodeling projects and began putting their prized inventory back on the market." Read the post in it's entirety here, at Daytona Beach real estate sales for 2000-2007. That information pertains to every city in this series.

Now for the 2007 year-end market report for Holly Hill, view the chart below.

What you see in this chart is in line with most of the other cities in this area. To see the charts for the other cities in east Volusia County, just click on each city at the beginning of this post. As I finalize this series, I'll put these statistics together in one graph, for an overall comparison. Just bear in mind that some cities are significantly smaller and less populated than others. So be sure to check the numbers on the left side of the graph to really get an accurate view of the Daytona Beach area real estate market.

*All statistics were provided by the Daytona Beach Area Association of REALTORS® and MLS. You can view nationwide real estate listings or just local listings from the Daytona Beach Multiple Listing Service (MLS) on my personal web site. Just follow the provided link.

Or view my personal real estate listings here.

If you'd like to buy or sell real estate in Holly Hill or anywhere in the Daytona Beach area, I'm a native and have sold homes from Flagler Beach to Edgewater. I'd love to help!

Make a Smart Choice and rely on Lisa C. Hill for all your real estate needs.

1100 Dunlawton Ave., Port Orange, FL 32127 386-761-6100

In line with my series of posts on the problems with Florida's ecosystem, I decided to post a short little happy blog this time.

In one of my previous posts that was actually NOT part of the series, I mentioned that since we're allowed to drive on the beaches in the Daytona Beach area, we have to be careful not to disturb the sea turtle nests. This is actually a big problem. You can read that post here: Driving on Daytona Beach part 2 (Beach Conservation).

Well now the Volusia/Flagler Turtle Patrol is helping to ensure the continuation of this endangered species. For only $35, you can adopt a sea turtle nest! I don't know about you, but I think that is such a cool idea!

Although many of you who are reading this post don't live in this area, I know that most of you care about these special creatures, and many other problematic, environmental issues. If you'd like to get involved, you can adopt a sea turtle nest. For your $35 you not only help to keep the sea turtle population growing, but actually get a bumper sticker, a T-shirt and some other goodies as well.

Want to help? Follow this link: Adopt a Sea Turtle Nest.

Click the following links on the thread that interests you to read my posts about our Vanishing Wetlands, Polluted Aquifers, and a problem with our ecosystem.

If you're planning to buy or sell real estate in the Daytona Beach area, make a Smart Choice and contact Lisa Hill.