August 2009 Ormond By The Sea, Florida Condo sales

• The Daytona Beach area multiple listing service (MLS) records 6 condominium sales in Ormond By The Sea, Florida during August, 2009. All condo sold were 2 bedroom and 2 bath. Two of the sales were directly on the beach and their average sales price was $225,000. The average sales price of those on the west side of A1A was $140,000 compare the average sales price to get a picture of the continuing decline in valves. August Ormond By The Sea , Florida Condo sales Year Sales Average 2/2 across A1A sale price ...2005 10 $291,000 ...2006 3 $210,000 ...2007 8 $199,483 ...2008 3 $175,000 ...2009 6 $140,000 There are currently 10 Ormond By The Sea Condos under contract awaiting closing. Inventory of condos for sale remains high at 101 but is much lower than the 115 at the beginning of last August and the 134 in 2007.