Friday, July 22, 2011

Quarterly condo sales analysis for Ormond By The Sea Florida 2011 second Quarter


Ormond By The Sea Florida 2011 second Quarterly condo sales analysis

Here is a summary of Ormond By The Sea, Florida condo sales activity for the Second Quarter 2011. All activity is from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).  The average sale price for all 27 condo sales was $139,101 and 6 of the sales had lender involvement as a short sale or foreclosure.

The average sale price and the volume of sales is up from last year and the number of sales is higher than in recent years.  The chart below shows a comparison to recent years
January to March (first quarter) Year Total  number of Ormond By The Sea Florida condos 2 Bdrm 2 Bath  accross the street from the beach sales 2 Bdrm/2 Bath  accross the street from the beach average sold price.  $
 2011 27 13 98,453
 2010 21 16 126,100
 2009 11 9 153,033
 2008 9 6 178,250
 2007 14 8 201,487
 2006 13 7 270,428


The lowest priced 2011 Second Quarter Condo sold was $44,000 for a two bedroom at the Ocean Shores Condo and the highest price paid was $400,000 for a three bedroom at the Capriana.
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.

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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.