Monday, October 06, 2008

2008 3rd Quarter Ormond By The Sea Florida Condo Market The Daytona Beach Area Realtors Multiple Listing Service had 11 Condo sales in Ormond By the Sea, Florida, in the July to September quarter of 2008. Sale prices for 2 bedroom, 2 bath Condos ranged from $154,500 to $197,500 and that accounted for 8 of the 11 sales. Only 2 sales were $190,000 or higher and 6 of the 8 were $177,000 or less. Comparing the numbers, last year there were 20 sales and in 2006 there were 15. The 2007 average sale price for 2 bedroom Condos across the street from the beach was $213,000. This year the average was $177,333, so Condo values have decreased by $42,000 in the past year.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

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