Homes sold in Ormond By The Sea, Florida February 2010

The average sale price was 94.4% of the asking price for the 9 Ormond By The Sea, Florida homes sold in February 2010 through the Daytona Beach Area Association of Realtors Multiple Listing Service. One sale was over $200,000 and 5 others were under $100,000 making the median sales price $96,000. Seven or the sales were either bank owned or short sales.

The lowest sale price was a 3 bedroom 2 bath on Laurie Drive for $67,000 and the highest was a 3 bedroom 2 bath on Sandpiper Ridge Drive for $205,000. The number of homes sold in February 2010 is consistent with the number of sales in February of each year since 2006, each year in February there have been 8-11 homes sold in Ormond By The Sea, Florida.
As a side note the lowest sale price in February 2006 was $200,000 for a 2 bedroom 1 bath on Roberta Road.
If 9 Ormond By The Sea homes sold every month and no new homes came on the market it would take14 months to eliminate the current inventory of 126 homes for sale.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.