Where is New Smyrna Beach in the Current Real Estate Cycle?

New Smyrna Beach's Minorca Condos

New Smyrna Beach’s Minorca Condos

With the volume of single family home sales up 17.9% in February 2015 and condo sales up 15.6% compared to February 2014, it is easy to see that the real estate scene in New Smyrna Beach is seeing an unprecedented real estate boom not seen since the real estate market tanked.

The 2015 real estate market overall here in New Smyrna Beach is seeing less inventory evident by 7.9% less single family homes on the market and 3.3% less condos and townhouses on the market in February 2015 than February 2014.

This time, the market is being fueled by rich Central Floridians and out-of-town investors who are looking and eager to purchase in financially solid regions and to be part of projects established by experienced developers. New Smyrna is being recognized as an exciting place to own a condo or beach side home, and a great location in the county to get out of the rough northern winters.

The current real estate cycle differs drastically from the pre-market crash cycle in that it is much healthier as no one is taking big risks.  Investors are only looking to support financially strong projects with experienced developers in the drivers seat.

Screen Shot 2015-03-25 at 2.41.03 PM

February 2015 NSB Board Stats | http://www.sarahcaudill.com

February 2015 Single Family Homes NSB Board of Realtors Statistics

Screen Shot 2015-03-25 at 2.44.51 PM

February 2015 NSB Board Stats | http://www.sarahcaudill.com

February 2015 Condo and Townhome NSB Statistics

To search the current MLS listings in Volusia county directly:  Click Here

Why New Smyrna Beach FL is a Great Place to Retire

Retire in New Smyrna Beach | www.sarahcaudill.com

Retire in New Smyrna Beach | http://www.sarahcaudill.com

New Smyrna Beach FL is a great place to live and it is also a good place to retire!

PROS:

  • We have a strong small town economy here in Central Florida.
  • The average home price is $185,000
  • Population of about 23,000 people
  • Warm winters
  • High number of doctors per capita
  • Good ratings for bicycling, walkability
  • Average tax climate
  • Big outdoor recreation scene with boating, golfing, fishing, paddle boarding, and bicycling
  • Low serious crime rate

ABOUT NEW SMYNRA BEACH:

New Smyrna Beach is 50 miles East of Orlando, FL and 89 miles south of Jacksonville, FL.  The white sand runs for 13 miles along our coast with driving permitted on portions of the beach.  New Smyrna’s beachside is a barrier island with the Atlantic Ocean bordering the East side and the Intra-coastal waterway bordering the West side.   The elevation is on average 9 feet.  Tides change every 6 hours and average 3 feet.

Year around temperatures in New Smyrna Beach, FL are very mild and pleasant.  The average annual temperature is 71 degrees Fahrenheit with highs averaging in the 80’s in the summer and lows averaging in the 60’s in the winter.  Afternoon showers are common throughout the summer months.

Find a home in New Smyrna Beach:

Real Estate in New Smyrna Beach FL

To learn more about New Smyrna Beach, check out my other related blog posts:

7 Ways to Have the Best Weekend in New Smyrna

Where to Eat? 

Visit New Smyrna Beach

Prestigous New Smyrna Beach Condos

How to Create the Perfect Pro-Style Kitchen

Pro-Style Kitchen | New Smyrna Beach | www.sarahcaudill.com

Pro-Style Kitchen | New Smyrna Beach | http://www.sarahcaudill.com

All homeowners who cook need a beautiful kitchen that provides them with the tools to efficiently and effectively prepare meals.  Having top level appliances, the correct layout, the right counter surfaces, deep sinks, and plenty of storage is essential.  In the real estate world we use terms like “gourmet kitchen” to describe a kitchen that has easy to maintain surfaces and an abundant amount of storage that a “chef” would incorporate in their kitchen.  These professional tools will make your kitchen a realm of “culinary magic”.

1.  Lighting – Having the right lighting in your kitchen is important.  The best kitchens have adequate lighting in the food prep areas and modern pendent lighting over the kitchen eating areas.  Recessed lighting is popular as it effectively brightens your entire kitchen.

2.  Kitchen Layout – Homeowners that enjoy cooking and being involved with friends and family prefer open kitchen layouts.  Kitchen layouts that flow into family and entertainment areas are chosen.  Having multiple food prep areas allow for multiple “chefs” in the house.  Consider a kitchen island or dual sinks.

3.  Counter Surfaces – If you plan on spending time in the kitchen, it is essential to invest in surfaces that will not scratch if cut on, not be stained easily, and not be burned if a hot pan or bowl of hot food is placed on them.  Durable surfaces such as granite and quartz that will withstand the normal wear of cooking are typically chosen for kitchen counter surfaces.

4.  Appliances – Professional level appliances provide added features that make it worth the extra money.  For example, professional-grade refrigerators often allow the owner to keep multiple temperatures for separate food storage compartments to keep food the freshest.  Stainless steel appliances and appliances that are hidden with matching cabinet doors are still popular.

To receive information about how much your kitchen contributes to the overall value of your home please contact me HERE.

5 Things You Should Do Before You Move Into Your New House

1.  Change out the Locks – The first thing you should do after leaving the closing table at the Title Company and receiving the keys is to change the locks of your new home.  You do not know who all has had keys to the home in the past and you want to ensure that you are the sole person with access to your home.  It is very inexpensive to change out the locks yourself or call a locksmith.

2.  Have your A/C Ducts Cleaned Out – Next, you should hire a duct cleaning service to clean out the ducts of your home.  It costs about $400 and will drastically improve the air quality in your new home.

3.  Clean the Carpets – Prior to moving in your furniture and personal belongings, you should steam clean the carpeted areas within your new home.  You have two options to have this work done.  It costs about $50 per day to rent a steam cleaner and do the work yourself or you can hire a professional carpet cleaner for about $50 per room.

4.  Pest Control – Ask a local pest control company to come out and treat the home for unwanted guests including roaches, ants, and spiders.  Depending on your location you might also want the home treated for mice and termites.

5.  Familiarize Yourself with the Location of the Main Water Valve and the Circuit Breaker Box – Make sure to test and ensure all of the switches in the breaker box are labeled appropriately.  It is important to know which switches control the different areas of your new house.  Also, it is good to know where the main water valve shut off is.  You always want to be prepared with that knowledge in case of a plumbing emergency situation.

For more information on important things to do when purchasing your new home, click here 

7 Ways to Have the Best Weekend Ever in New Smyrna Beach

New Smyrna Beach

New Smyrna Beach | http://www.sarahcaudill.com

Have you been dreaming of warm weather, seafood, and salt air?  New Smyrna Beach is calling your name!!

New Smyrna has everything you have been dreaming of from fabulous oceanfront condos to waterfront restaurants to gorgeous white sandy beaches.

Here are some fun things to do while here in the best beach town on the East Coast…

1.  Go to Outriggers and eat the freshest seafood.

Outriggers Tiki Bar and Grill

Outriggers Tiki Bar and Grill | http://www.sarahcaudill.com

2.  Hang out at the Black Dolphin Inn and wake up to one their fabulous breakfasts.

Black Dolphin Inn Bed and Breakfast  | New Smyrna Beach

Black Dolphin Inn Bed and Breakfast | New Smyrna Beach | http://www.sarahcaudill.com

3.  Visit our beach and soak up the sun.  Be sure to send pictures to all of your friends up North who are freezing in the cold.

New Smyrna Beach

New Smyrna Beach | Sarah Caudill | http://www.sarahcaudill.com

4.  Go fishing on one of the charter boats out of the New Smyrna Beach Marina or fish the backwaters of Mosquito Lagoon.

New Smyrna Beach

New Smyrna Beach | http://www.sarahcaudill.com

5.  Stop what you are doing and just admire our ocean views.

New Smyrna Beach | Sarah Caudill

New Smyrna Beach | Sarah Caudill | http://www.sarahcaudill.com

6.  Dine at Breakers on Flagler Avenue overlooking the Atlantic ocean.

The Breakers Restaurant | New Smyrna Beach | Sarah Caudill

The Breakers Restaurant | New Smyrna Beach | Sarah Caudill | http://www.sarahcaudill.com

7.  Check out our gorgeous sunsets over the intracoastal waterway and plot a strategy to move here because you love the Florida Sunshine.

New Smyrna Beach Sunset | Sarah Caudill

New Smyrna Beach Sunset | Sarah Caudill | http://www.sarahcaudill.com

NSB Condos

Have you ever wondered what it would be like to live on the beach?  Your dream can become reality because living on the beachside in New Smyrna Beach is affordable!  New Smyrna’s Real Estate has condos to meet your desires to live on the intracoastal waterway or directly on our white sandy beaches.

Bouchelle Island Condos

Bouchelle Island Condo

Bouchelle Island Condo – http://www.sarahcaudill.com

http://sarahcaudill.idxbroker.com/idx/details/listing/a096/1019133/458-Bouchelle-Dr-303

Oceania Beach Club Condos

Oceania Beach Club Condo

Oceania Beach Club Condo – http://www.sarahcaudill.com

http://sarahcaudill.idxbroker.com/idx/details/listing/a096/1022780/421-Atlantic-Ave-701

Minorca Condos – Currently the lowest priced Minorca unit

Minorca Condo

Minorca Condo – http://www.sarahcaudill.com

http://sarahcaudill.idxbroker.com/idx/details/listing/a096/1022292/250-Minorca-Beach-Way-203

To see all of the current condos for sale in New Smyrna Beach, be sure to visit http://sarahcaudill.idxbroker.com/i/beach-condos

To see all of the current beachside homes for sale in New Smyrna, visit http://sarahcaudill.idxbroker.com/i/beachside-homes

New Smyrna Beach - www.sarahcaudill.com

New Smyrna Beach – http://www.sarahcaudill.com

History of New Smyrna Beach

Dr. Andrew Turnbull, a Scottish physician and friend of James Grant, recruited 1,300 settlers from Europe and brought them to New Smyrna in 1768 after receiving a grant of land from Britain.  Dr. Andrew Turnbull recruited these settlers mostly from Minorca, an island off of Spain but also recruited from Italy and Greece.  His efforts to establish a colony this large were the first of this magnitude in all of North America.  Dr. Turnbull’s plans were for these settlers to produce rum and grow indigo, hemp, cotton, rice, corn, and sugarcane.

The colony was unsuccessful in New Smyrna due to Indian raids, insect causing disease, and poor management by Turnbull.  About 600 survived this settlement attempt and left in 1777, for St. Augustine where they stayed.

In 1784, the Spanish took the East portion of Florida from the British until the United States in 1819, acquired the area from Spain.  In 1821, the United States established the Territory of Florida.

New Smyrna was incorporated in 1887, with a population of 150.  New Smyrna’s economy grew tremendously with Henry Flagler bringing the East Coast Railway in 1892.  Tourism, Citrus industry, and commercial fishing expanded within the area.

In the 1920’s there was a real estate boom in New Smyrna on and around Canal Street and Faulkner.  Today, we have about 800 buildings that remain from New Smyrna’s historic era. The city annexed the beachside community of Coronado beach in 1947 and the city was renamed to “New Smyrna Beach”.

Today New Smyrna Beach is a vibrant beach town that attracts tourists from all over the world and has just over 20,000 permanent residents.

New Smyrna Beach Municipal Marina www.sarahcaudill.com

New Smyrna Beach Municipal Marina http://www.sarahcaudill.com

New Smyrna Beach Historic Home

New Smyrna Beach Historic Home

New Smyrna Beach Historic Home along Riverside Drive

New Smyrna Beach Historic Home along Riverside Drive