Condo Prices Increase 36% in Volusia County

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Condo shoppers have a new eye-opening experience when looking for condos in Volusia County.  Median prices for beachfront condos increased 36 percent since July of 2014.   The median price of condos rose to  $220,000 according to the Florida Realtors.  The real estate market in Florida continues to increase fueled by fear of higher interest rates and job growth.   In Orlando, prices for condos increased 15 percent making the median price $155,000.  The price point for a single-family house in Seminole, Lake, Orange Counties was $200,000 in August.  Our region still has its inventory of foreclosures and ranked ninth in the nation for foreclosures.

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