Pendleton Club in Numbers

Pendleton Club – one of the best if not the best of older condos in the area, is a riverfront condo in the heart of Daytona Beach. A beachside condo by the Orange Ave. bridge, which took the same time to build as a much higher and much longer Golden Gate Bridge in California. Anyway, after 4 years+ of waiting there is a beautiful bridge there, they say the only architectural bridge n the State of Florida.

Here is the look at today’s market

Pendleton Club Stats for January 2021

The top part is what is for sale in Pendleton now (January 9, 2021). The sold section shows all units sold in 2020.

However, for an inquisitive mind, here are the stats for a decade. It will show you how the market was changing in this very long real estate crisis. From the lowest prices in 2012 to today.

Stats for the preceding 10 years

Sales in 2019

16 units total.

Prices for two 1-bedroom units sold:              $95,000 and $105,000

Prices for fourteen 2-bedroom units:             from $100,000 to $210,750 for a very nice fully remodeled unit

Sales in 2018

9 units total

One 1-bedroom unit sold for                          $115,000

Seven 2-bedroom units sold from                 $120,000 to $197,500 ( for a fully remodeled unit)

One 3-bedroom units sold for                        $175,000

Sales in 2017

9 units total

Two 1-bedroom unit sold for                         $96,500 and $120,000

Six 2-bedroom units sold for                         $92,000  to   $131,500

One 3-bedroom units sold for                        $125,000

Sales in 2016

10 units total

Two 1-bedroom unit sold for                         $90,000 and $95,000

Seven 2-bedroom units sold from                $85,000  to   $125,000

One 3-bedroom units sold for                       $129,000

Sales in 2015

8 units total

One 1-bedroom unit sold for                          $90,000

Seven 2-bedroom units sold from                 $67,000  to   $113,000

Sales in 2014

5 units total

Two 1-bedroom unit sold for                         $65,000

Four 2-bedroom units sold from                   $80,000  to   $125,000

Sales in 2013

6 units total

Six 2-bedroom units sold from                      $75,000  to   $99,900

Sales in 2012

12 units total

Three 1-bedroom unit sold for                       $65,000 and $67,000

Seven 2-bedroom units sold from                 $85,000  to   $125,000

One 3-bedroom units sold for                        $75,000  to   $95,500

Sales in 2011

No sales in 2011

Sales in 2010

4 units total

One 1-bedroom unit sold for                          $75,000

Three 2-bedroom units sold from                 $80,625  to   $97,000

________________________________

Summary

I am often asked when the best time to buy is. Well, if it is about the price, then the best time to buy was in 2012. But 2012 is water under the bridge. Will there ever be another 2012? I hope not.

I believe the best time to buy is when you need or want to buy and when you can afford it. The matter is always the best deal at the time when you need it and can afford it. People buy and sell real estate every year, every month and every week. Some deals are better and some are worse. Some years favor buyers and some favor sellers, but if you are reading this now, this could be a great time to buy.

So, call me 386-405-4408. I am a condo broker/owner and at Daytona Condo Realty helping you sell or buy a condo is all we do.

And we know condos.