Two-Bedroom Beachside Daytona Condos.
There are 16 two-bedroom beachside Daytona condos for sale priced between $75,000 and $140,000. Here is the link to the information about them.
67 two-bedroom units changed hands in preceding 12-month period.
28 two-bedroom units have new owners since January 1 this year. In the same period from January 1, 2016 to June 14, 2016 31 two-bedroom condos changed hands. Of course, you would notice increase in prices, but it is still not significant, which is comforting for Buyers.
But do not bet on it. Even though prices did not go crazy, the inventory has dramatically decreased, and low inventory is what is usually fueling spikes in prices. Meaning that it may happen at any moment, which in real estate is usually measured in months.
The reason that we have not seen it yet might be because the decrease in inventory, which is supposed to cause increase in prices, does not happen automatically, and is not a balanced act. Prices usually show a lot of inertia, creating opportunities for buyers.