
The spring real estate season is in full bloom—just like the flowers this time of year. In Volusia County, the market is shifting, especially for single-family homes and townhomes/condos, bringing new opportunities for both buyers and sellers.
What’s Changing?
A market is considered balanced when inventory hovers around 5 months. More than that creates a buyer’s market. Less than that creates seller’s market.
In March 2024, single-family homes had 3.5 months of inventory—seller’s market territory.
In March 2025, inventory rose to 5.1 months, nudging us slightly into buyer’s market conditions.
This marks a notable shift, as Volusia County hasn’t seen a buyer’s market since 2015.
But don’t panic! This doesn’t mean the market is cold. Sellers can still win with the right pricing and strategy. Buyers, meanwhile, have more options and slightly more leverage.
Other Key Indicators for Single-Family Homes:
Time to contract: 43 days (up from 36)
Active inventory: 3,362 listings (up 37% YoY)
Condos and Townhomes: Deeper into Buyer’s Market Territory
March 2025 inventory: 11.5 months
March 2024 inventory: 8.4 months
Time to contract: 69 days
Active inventory: 2,114 listings
Why the big jump? New state regulations on condo building reserves and financials have impacted inventory and buyer confidence.
Buyers considering condos should carefully evaluate:
Association fees
Upcoming or active special assessments
Overall building and unit condition
This creates an ideal environment for negotiation—but also calls for thorough due diligence.
What This Means for You
Sellers: Even with strategic pricing, expect buyers to negotiate and often request concessions.
Buyers: You may now have room to negotiate price, terms, and timelines; especially with condos.
Whether you’re buying or selling, the key is strategy. Let’s talk about how to make the current market work for you.