

The broader Ormond Beach market picked up in August, with closed sales, new listings, and pending sales all increasing from July. Inventory remained relatively stable at 4.9 months, while the median sale price edged lower.
Homes are taking slightly longer to move than in July, with median time to contract increasing to 60 days and median time to sale to 93 days. However, both remain well below last year's levels.
Buyers are active, but they're still selective. More sales and pending contracts show healthy demand, but stable inventory and longer timelines reinforce that pricing and presentation still matter. A well-positioned home can move, but sellers shouldn't assume demand means buyers will overpay.
Halifax Plantation remained active through the third quarter, but the latest numbers show more negotiation on price. Average sale prices declined for both attached and unattached homes compared with the previous update, while attached homes sold noticeably faster.
Unattached homes took longer to sell, despite reaching contract more quickly once an offer was accepted. Financing also shifted, with conventional loans remaining common and VA financing appearing more frequently among unattached sales.
Buyers are still buying, but they're not overpaying. The faster contract times for both property types suggest demand is there, but lower sale prices and continued negotiation reinforce the importance of pricing realistically from day one.