Sunday, September 11, 2011

Ormond By The Sea Florida Homes sold in August, 2011


Ormond By The Sea Florida Homes sold in August, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 12 Ormond By The Sea, Florida homes sold in August, 2011. Three (3) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 35 homes under contract waiting closing and 18 of those have lender involvement. The highest priced home sold was a 3 bedroom on River Lane for $484,900 and the lowest priced was a 2-bedroom 1 bath on Hibiscus Drive for $65,000.
Comparing to last year, there were 16 Ormond By The Sea Florida homes sold in August, 2010 and 7 of those involved the lender, either a short sale or foreclosure. There were 6 homes sold in August 2009.
The high number of homes under contract (35) and the reduction in the inventory ( 98 homes for sale) are both good signs that the market may be getting stronger.

Ormond By The Sea, Florida homes sold in August, 2011 by price range.
Price range
$in thousands

Number
sold

1Bdrm

2Bdrm

3Bdrm

4+Bdrm

Lender involved
Under $100,000
3

0

3

0

0

0
100,000-149,999
3

0

0

3

0

3
150,000-249,999
3

0

0

3

0

0
250,000+ 3 0 1 2 0 0
Total number
12

0

4

8

0

3
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 www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

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