DeLand currently leans toward sellers, with the market gauge showing a seller’s market reading of 24. Inventory sits at about 4.3 months of supply in this rolling three-month view, which is down nearly one-fifth from a year ago. Fewer homes relative to demand help give sellers some negotiating power, even as conditions ease compared with the recent past.
Prices are relatively steady, with the typical home value around $360,000 and essentially flat compared with a year earlier. List prices, however, are up more than 4 percent year over year, suggesting sellers are testing higher asking prices even as buyers remain price-conscious. Homes are taking longer to sell, with median days on market rising to 69, up slightly from the same period last year and much higher than the faster pace seen in 2023.
Activity has cooled modestly, as homes sold have slipped slightly year over year while pending sales are down more noticeably, and active listings have declined by about 11 percent. A smaller share of properties is being listed, with new listings nearly unchanged from last year, which keeps options from growing for buyers. Even so, nearly 11 percent of sales close above the list price and the average sale-to-list ratio is around 99 percent, showing well-priced homes can still attract strong offers. Whether you are buying and watching these shifts or selling and trying to price correctly, Agent Pronto can connect you with a DeLand agent who understands this market.
