Wednesday, February 03, 2010

Ten year Ormond By The Sea Florida Condo sales analysis chart by Ocean View Realty Group

Ocean View Realty Group compiled this analysis of Ormond By The Sea Condo sales through the Daytona Beach Area Association of Realtors Multiple Listing Service for the 10 year period of 2000 to 2009. This is the decade in review. Ormond By The Sea Florida Condo sales statistics for the past decade.

Three new condominium buildings opened in the decade, Barrier Island at 3000 Ocean Shore Blvd. opened in 2000, the Ocean Shore Condo at 1075 Ocean Shore Blvd. opened in 2002, and the Capriana at 1425 Ocean Shore Blvd opened in 2006.

If average sales prices increased 5% each year from 2000 to 2009 the average sale price in 2009 would be $152,409 for a 2 bedroom 2 bath condo on the west side of A1A in Ormond By The Sea, Florida. Take a peek at the 10 year chart below to get the real picture of the rising and falling sales price average going from $93,566 in 2000 to $156,785 in 2009.

* These are 2 Bedroom 2 Bath condo units in Ormond By The Sea Florida on the west side of A1A
YearTotal SalesLowest$ sale priceHighest$ sale price2/2*2/2 Average$*2/2 Low $*2/2 High $*Directly on the beach
20007744,000264,0004593,56647,000129,00021
20018749,250270,00055106,83666,000160,00021
200211755,000339,00069124,64463,000189,90027
200310964,500350,00059149,07692,600190,00044
20048478,000599,00041198,227125,000255,00029
2005111128,000840,00074263,326137,500335,00023
200643117,000810,00024250,954130,000346,00013
200750110,000830,00028218,636110,000300,00016
200841110,000720,00025178,396150,000200,00014
20095950,000595,00034156,785104,900200,00018

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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 is married to 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 is in the US Navy and currently resides in Virginia with his wife Stephanie and their son Scott III.  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.