Saturday, February 12, 2011

Ormond By The Sea Florida condos sold 2010


Ormond By The Sea Florida condos sold 2010Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 66 Ormond By The Sea, Florida condos sold in 2010.  That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005.  The highest priced condo sold was a 3-bedroom at the Capriana for $550,000 and the lowest priced was a 2-bedroom 1 bath at Ocean Shores condo for $45,251.  Lenders were involved in 11 (17%) of the 66 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels.
It is notable that there were only 12 sales of condos in buildings directly on the beach.  That is the lowest sales volume for those condos in over 10 years. 

This chart shows the Ormond By The Sea Florida condo sales by price range.


Price range
in thousands $
Number
of sales
Studio or
1 Bedroom
2 Bedroom
3 Bedroom
Lender
involved
Directly on
The beach
Under 100
17
4
13
0
5
1
100-149
28
0
27
1
3
3
150-199
12
0
12
0
1
3
200-299
5
0
2
3
1
2
300+
4
0
0
4
1
4
Totals
66
4
54
8
11
12

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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.