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Tuesday, July 18, 2017

Ormond Owners Report Second Quarter 2017



Ormond Owners Report
Second Quarter 2017
HELLO FROM ORMOND BY THE SEA FLORIDA
Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo owners local information that they may not otherwise receive. View other editions of the Ormond Owners Report.
BUSINESS BRIEFS
-Burger King on Atlantic Ave. south of Granada has closed.
-Delivery service is now available for Publix and ABC liquors through https://www.instacart.com/
LOCAL NOTES
-The tugboat that was in the river at San Jose Drive for almost 20 years has been taken away to a salvage yard in Texas.
-Hard Rock Hotel will be taking over the former Desert Inn building at 900 N Atlantic Ave which is undergoing renovations and hopes to open later this year.
-The Streamline Hotel in Daytona beach has reopened following extensive renovations.
Ormond By The Sea Florida mid-year sales analysis 2017
This table shows the condos sold in Ormond By The Sea Florida for the first 6 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS).  The average $ per square foot has been increasing for several years.  Average sale price has increased again.  Both of those are good indicators for the market.  
Year
Sales
Low $
High $
Average sold $
Average
ask $
Average
Sq. Ft
Sq. Ft. avg $
Avg DOM
2017
55
87,500
543,000
225,326
236,444
1410
180
112
2016
51
67,500
585,000
212,327
222,365
1237
172
127
2015
53
47,500
360,000
157,656
167,025
1217
131
163
2014
54
37,500
322,725
152,806
161,269
1203
127
106
2013
55
65,000
390,000
154,222
167,058
1236
125
122
2012
39
37,000
395,000
136,588
148,156
1208
113
108
2011
17
40,425
284,000
$144,320
152,898
1260
121
94
2010
10
50,000
550,000
195,211
227,900
1399
139
226
2009
12
95,000
474,900
209,027
234,864
1204
174
196
2008
11
137,000
210,000
169,490
187,000
985
172
133
2007
8
130,000
345,000
257,875
273,550
1233
209
81


Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our web site www.ovrealty.com and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245. Email for rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling ovforsale@aol.com.  Real estate market information is updated on the Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for sale and sold in Ormond By The Sea Florida.

Monday, June 26, 2017

Ormond By The Sea Florida Homes For Sale May 31, 2017

Ormond By The Sea Florida Homes For Sale May 31, 2017
Homes for sale in Ormond By The Sea Florida

There are 79 homes for sale in Ormond By The Sea Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of May 31, 2017, 14 less than the end of last month. An additional 27 homes are under contract awaiting closing and lenders are involved in 5 of these either as a short sale or foreclosure. Lenders are involved in 0 of the 79 homes for sale . Asking prices for Ormond By The Sea homes currently for sale range from $149,900 to $2,390,000.

The inventory of Ormond By The Sea Florida homes for sale has stabilized, which is a good indicator that the market is back to a being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if homes come on the market at a reasonable price they are being sold quickly. At the beginning of last year there were 85 Ormond By The Sea Florida homes for sale so the inventory has decreased since then and is remaining low.

This chart shows Ormond By The Sea Florida homes for sale by price range as of May 31, 2017

Price range in $ThousandsNumber1 Bdrm2 Bdrm3 Bdrm4+ Bdrm
Under 15010100
150-1991801260
200-2991816101
300-4991600115
500-9992012710
Over $1 Million60006
Total number of homes792213422

To view homes and condos available through Ocean View Realty Group or to search the Daytona Beach Florida Area Multiple Listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group website.

Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond By The Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com

Monday, June 12, 2017

Ormond By The Sea Florida Condos For Sale as of May 31, 2017

Ormond By The Sea Florida Condos For Sale as of May 31, 2017

As of May 31, 2017, we have 38 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 16 priced under $200,000 and 1 of those are under $100,000. Additionally, there are 6 condos under contract pending closing, none of which involve a lender as a short sale or foreclosure. One of the 38 condos for sale involves a lender, either as a short sale or foreclosure.

Please note that the market is very active and the information here is provided as of May 31, 2017. For up to the minute information about Ormond Beach and Ormond By The Sea homes and condos for sale or for rent contact Ocean View Realty Group.

Ormond By The Sea Condos For Sale Inventory By Condominium Name
Condo NameFor SaleLowest $Highest $Year BuiltDirectly On The Beach
Aquarius0001974Yes
Atlantic 222199,900209,9001991No
Barrier Island1325,000325,0001998No
Capriana3375,000599,9002006Yes
Corinthian0001973No
Court Of Palms1144,900144,9001968No
Fairwind Shores0001985No
Gemini2409,000415,0001984Yes
Indies House1239,000239,0001981Yes
Kingston Shores0001973No
Las Olas1345,000345,0001997No
Leeward Winds0001990No
Madeira Villa N,C and S1164,900164,9001971-72No
Mariners Bay0001981No
Oceanaire0001984No
Ocean Dunes2185,000185,0001998No
Ocean House1199,900199,9001981No
Ocean Shore 1114,000114,0001973No
Ocean Shore Club0001986Yes
Oceanside0001984No
Ocean Watch3166,900242,9001973No
Ormond Breakers0001974No
Ormond By The Sea Club1229,000229,0001970Yes
Ormondy1359,900359,9001985Yes
Ormond Surfside North0001971Yes
Ormond Surfside South0001973Yes
Regency Plaza3199,900369,0001974Yes
Sand Dunes0001983No
Sands Point1129,900129,9001971Yes
Seabridge2182,900199,0001990No
Seabridge North0001994No
Seascape0001983No
Seawinds1279,000279,0001995Yes
Shoreham0001972Yes
Spinnaker2218,500225,0001987No
Starboard Light1184,300184,3001981No
Sunny Beach Club1225,000225,0001990No
Sunrise0001971Yes
Surfside Club1265,000265,0001971Yes
Tiffany2287,500319,0001991Yes
Van Lee1299,999299,9991982Yes
Villa Sereno
1174,500174,5001973No
Winchester Manor199,00099,0001974No
Windemere Shores0001983No

To search the Daytona Beach Florida Area Multiple Listing Service (MLS) anonymously for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group website. You will not need to sign in or give your name to use the search on the  Ocean View Realty Group website.

Contact Realtor® Rhonda Lehnen of Ocean View Realty Group at 386-441-8245 today or email to ovforsale@aol.com for additional information and to get a free market analysis for your Ormond By The Sea condo.

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Al Raymondi, Broker and owner of Ocean View Realty Group was born in Quincy, MA and graduated from Quincy High School in 1963. He served the the U.S. Air Force including January to December 1966 at the 6924 Security Squadron in Danang Vietnam. Al worked for over 20 years at Blue Cross & BLue Shield of Mass. in Boston on the Medicare program for MA, ME, NH, and VT. He was married to the late Diane (McQuiggan, of Jamaica Plain, MA.) and lived in Quincy, Carver, and Brockton MA prior to relocating to Ormond Beach, FL in 1989. Al and Diane are the proud parents of Scott & Susan, both graduates of Brockton High School, Brockton, MA. Scott served the the Air Force for 4 years as a Jet Engine Mechanic at Langley AFB. He now resides in Palm Coast,FL and has 2 children, Scott Jr. & Samantha. Susan graduated Bridgewater State College, earned her CPA, and is currently residing in Huntington Beach Ca. with her husband Chris Haberl and their two sons, Max and Jake.  Scott Jr was in the US Navy and has a son Scott III and a daughter Hannah.  Al is the Broker for Ocean View Realty Group in Ormond By The Sea Florida. Al's brother Dan and sister Grace still reside in Quincy, Mass.
 
Ocean View Realty Group in Ormond By The Sea Florida helps buyers and sellers in the local real estate market and also provides rental services including vacation rental homes and condos.