Tuesday, October 23, 2007

Ormond by the Sea condo sales July - Sept. 2007

Here is my quarterly analysis of 2 bedroom 2 bath condos sold in the July to September quarter of 2007. There were 16 sales (4 other sales were 3 bedroom, or 1 bath, etc.) of those, 9 were ocean view units on the west side of A1A, 5 were directly on the beach, and 2 were townhouses. I must point out that 2 of the 16 sold were Ocean View Realty Group Listings. So if you are thinking of selling contact Marion O'Connor at ocean View to get a realistic assessment of the current market and get a hard working Realtor to help you sell. The average sale price of the 2/2 ocean view condos was about 213,000 compared to almost 263,000 in the same quarter in 2006. Aside from two very low sales in July to September 2005 all 13 of the others were $290,000 or above with 6 of those at or above $315,000. The highest price paid in 2007 was a 4th floor Ocean House end unit that sold for $275,000. For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

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