Ormond By The Sea, Florida Condos Sold June, 2011

Ormond By The Sea, Florida Condos Sold June, 2011

 Seven condos sold in Ormond By The Sea, Florida during June, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), two of which involved a lender.  That number is higher than the 2010 average of 5.5 sales each month but lower than last month's 13 sales.  June, 2011 had 7 sales which is the highest volume of sales in the month of June since the 17 sales in June, 2005.   
There are also 9 condos under contract pending sales closing and 5 of those involves a lender.
Everyone is hopeful that the sales volume will continue although 5 of the sales were for under $100,000 and only 2 were for over $150,000.

There are condos that have been foreclosed on by lenders that have not yet hit the market.

Here is the list of the June, 2011 condo sales.   Note the condo sales are listed by low sales price to high sales price.
Condo           Description              Sold Price

Kingston Shores 2 bedroom 2 bath $85,000

Corinthian 2 bedroom 1 bath $92,000
Ormond Breakers 2 bedroom 2 bath $94,000**
Sand Dunes 3 bedroom 2 bath $113,000**
Seascape 2 bedroom 2 bath $135,000
Aquarius* 2 bedroom 2 bath $182,500
Capriana* 3 bedroom 3 bath $480,000

  *These Condo buildings are directly on the beach
 ** these sales involved a lender as a short sale or foreclosure.
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