Friday, July 29, 2011

Ormond By The Sea Florida mid-year condo sales analysis


Ormond By The Sea Florida mid-year condo sales analysis
This table shows the condos sold in Ormond By The Sea Florida for the first 6 months
of the year
through the Daytona Beach Area Realtors® Multiple Listing Service (MLS)
Year
# Sales
Low $
High $
Average
Average ask $
Average
Sq. Ft
Price/sq.
Ft. avg $
Average DOM
2011
43
40,425
400,000
141043
153,282
1289
118.92
102
2010
30
50,000
550,000
157875
179,837
1277
140.83
191
2009
22
95,000
474,900
184118
203,164
1218
166.80
143
2008
19
137,000
325,000
187297
208,032
1079
192.80
110
2007
22
110,000
620,000
259086
286,450
1292
221.71
121
2006
18
150,000
810,000
332000
350,594
1280
273.90
96
2005
80
128,000
550,000
266804
277,423
1122
247.26
53
2004
48
78,000
436,000
213419
221,242
1244
177.85
41
2003
44
64,500
350,000
167285
175,311
1158
151.39
63
2002
55
63,000
267,500
122912
128,414
1114
115.27
55
2001
54
49,250
270,000
112448
117,354
1208
  97.15
67
 The average days on the market are down so far this year ane the volume of sales is up over 40%.  Both of those are good indicators for the market even though the average sales price once again has declined.

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