Castle Reef Condo in New Smyrna Beach
Photo courtesy of Patricia Collado, Collado Real Estate · via DBAMLS

Castle Reef Condo
Homes for Sale in New Smyrna Beach, FL

Community in New Smyrna Beach · Volusia County
Median sale $394K
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Live · Castle Reef Condo Housing Pulse DBAMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$394K
Median sold · 12 mo
$417/sf
Sold $/sqft · 12 mo
peak $518 in 2023
90.4%
Sale vs ask
Volusia median: 94.8%
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
404days
Median DOM · closed
59 days at the 2023 low
0%
Under contract
Volusia: 20% (1,084 of 5,314)
3 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
25%
Cash buyers · Castle Reef Condo
1 of 4 sales, 12 mo ending June 2026
Track record · 5 years of records
2
Failed listings · 2026
peaked at 5 in 2024
944sqft
Median sold home size
12-mo windows, closed sales
Built fromLive DBAMLS data5 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Castle Reef is a small coastal condo community in New Smyrna Beach, and the price here is driven far more by unit condition, floor, and view than by any tidy square-foot formula. The median sits at $393,750 with a median around $417 per square foot — a number that tells you this is beachside pricing, not inland-value pricing. Expect a wide spread unit to unit; a renovated, well-positioned condo and a dated one will not trade anywhere near each other.

The current posture is clearly buyer-leaning. With roughly 12 months of supply and a median 404 days on market, listings here are not moving quickly, and sellers who price to yesterday's hopes will sit. For a buyer, that means room to negotiate and time to inspect. For a seller, it means condition and realistic pricing are the whole ballgame.

Castle Reef Condo Housing Pulse · Momentum Research · as of July 12, 2026

Castle Reef Condo right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of DBAMLS records, as of July 12, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 12, 2026 · Live data: DBAMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Castle Reef Condo Housing Pulse · Momentum Research · as of July 12, 2026

Castle Reef Condo right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of DBAMLS records, as of July 12, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 12, 2026 · Live data: DBAMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Castle Reef Condo market snapshot (as of July 12, 2026): the median sale price is about $394K ($417 per sq ft over the trailing 12 months of closed sales), a median 404 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.

Castle Reef is a compact beachside condo enclave where inventory is thin but slow-moving — the kind of market where the right unit is worth waiting for and patience cuts in the buyer's favor.

Best for

  • Second-home or seasonal buyers who want a beachside condo and can move on their own timeline
  • Value-minded buyers willing to negotiate in a slow, buyer-leaning market
  • Buyers targeting a specific unit's condition and view rather than shopping on price alone

Probably not for

  • Buyers who need to close and occupy quickly
  • Sellers expecting a fast sale or top-of-range pricing in the near term
  • Anyone wanting deep inventory and lots of comparable choices at once

Median sale price over the trailing 12 months ending July 12 of each year, from record-level DBAMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($394K) IS the median in the snapshot above.

Windows contain 0 to 10 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0510202220242026
0 to 10 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Volusia County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,796/mo
Volusia County typical true cost to own
$151/mo
Volusia County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Windows contain 0 to 10 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0510202220242026
0 to 10 a year; 4 in the current window.
How much local inventory is already under contract

18% of homes for sale in ZIP 32169 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

Castle Reef Condo Market Scorecard

Buyer-leaning

Castle Reef Condo is currently a buyer-leaning market. About 12.0 months of supply, a median asking price of $415,000, and homes go under contract in about 268 days.

12.0
Months supply
$415,000
Median list
$393,750
Median sold
$437
List $/sqft
268
Days on mkt
3/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: DBAMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Castle Reef Condo

Live MLS inventory for Castle Reef Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Castle Reef Condo listings as of 2026-07-12, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Tap any home to ask about it.

Listing locations from DBAMLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across DBAAR listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Castle Reef Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Castle Reef Condo.

Best Buy
Buyers who want a New Smyrna Beach coastal condo and have time to wait for the right unit.
Biggest Risk
A thin sample — few listings and few closings mean the median can move on a single sale.
Sweet Spot
A well-conditioned unit bought patiently, with careful comps and no clock-driven pressure.
Avoid If
You need to sell or buy fast or expect quick turnover.

A thin, slow coastal condo market

With only 3 active listings and a closing window of just 4 sales to read from, this is a small-sample market — every listing carries outsized weight, and one unusual sale can swing the reported median. Treat the numbers as direction rather than gospel, and lean on unit-level detail: the median near $417 per square foot reflects the beachside premium, but the actual value of any given condo turns on its condition, exposure, and where it sits in the building.

The combination of about 12 months of supply and a median 404 days on market is the defining feature here. Nothing is changing hands fast, which removes the pressure to bid against a clock. A buyer can underwrite carefully; a seller has to accept that time-on-market is long and price accordingly rather than testing the ceiling.

The location and the amenities are priced into every listing in Castle Reef Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin, slow market like Castle Reef, the published median only gets you so far — the real work is comparing units on condition, floor, and view, and understanding why one listing has sat and another hasn't. We know this stretch of New Smyrna Beach, we read the small-sample data honestly, and we will tell you when a specific unit is priced past what the current market supports.

Castle Reef Condo in 15 seconds.

Best forBuyers who want a New Smyrna Beach coastal condo and have time to wait for the right unit.
Biggest advantageA firmly buyer-leaning market with long days on market and real negotiating room.
Biggest riskA thin sample — few listings and few closings mean the median can move on a single sale.
Sweet spotA well-conditioned unit bought patiently, with careful comps and no clock-driven pressure.
Avoid ifYou need to sell or buy fast or expect quick turnover.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Castle Reef Condo sales matched to your home.

What is your Castle Reef Condo home worth?

Get a no-obligation home value based on real comparable sales in Castle Reef Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Castle Reef Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Castle Reef Condo?
The median sale price in Castle Reef Condo was $394K over the 12 months ending July 12, 2026 (4 closed sales, DBAMLS).
How long do homes in Castle Reef Condo take to sell?
Homes that closed in the 12 months ending July 12, 2026 took a median 404 days on market (4 sales, DBAMLS).
Is Castle Reef Condo a buyer's or seller's market right now?
As of July 12, 2026, Castle Reef Condo leans toward buyers: 12.0 months of supply at the current sales pace (DBAMLS live counts).
Do cash buyers compete in Castle Reef Condo?
Cash buyers took 25% of Castle Reef Condo sales in the 12 months ending June 2026 (1 of 4 closings, DBAMLS).
Who is the best real estate agent for Castle Reef Condo?
The best agent for Castle Reef Condo is one who actively works New Smyrna Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Castle Reef Condo.
How do I find a top New Smyrna Beach real estate agent who knows Castle Reef Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Castle Reef Condo and the wider New Smyrna Beach area.
Can Momentum Realty connect me with an agent for Castle Reef Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Castle Reef Condo purchase or sale - no call center and no pressure.
Second-home or seasonal buyers who want a beachside condo and can move on their own timelineExcellent fit
Value-minded buyers willing to negotiate in a slow, buyer-leaning marketExcellent fit
Buyers targeting a specific unit's condition and view rather than shopping on price aloneExcellent fit
Buyers who need to close and occupy quicklyProbably not
Sellers expecting a fast sale or top-of-range pricing in the near termProbably not
Anyone wanting deep inventory and lots of comparable choices at onceProbably not

Nearby Communities

Explore more neighborhoods near Castle Reef Condo with Momentum Realty’s local guides.

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Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsDBAMLS, refreshed twice daily (last: July 12, 2026)
Community market statsDBAMLS closed sales, 12-month windows ending July 12, 2026
Under-contract sharesDBAMLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (19 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of DBAMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Data sources & freshness

Live listingsDBAMLS, refreshed twice daily (last: July 12, 2026)
Community market statsDBAMLS closed sales, 12-month windows ending July 12, 2026
Under-contract sharesDBAMLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (19 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of DBAMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the DBAMLS member average and 8 days faster, and we’ll price yours against live your area comps.

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