Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in October 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 5 Plantation Bay Golf and Country Club home sold in October, 2011. One of those have lender involvement as either a short sale or foreclosure.

The Plantation Bay homes sold were:
3 bedroom on Woodstream Ln for $154,900
3 bedroom on Royal Pointe Ln for $163,000
4 bedroom on Hampstead Ln for $257,500
3 bedroom on Hampstead Ln for $282,500
3 bedroom on Hampstead Ln for $549,000

The 5 sales in October 2011 equals the volume of sales in the month of October last year and since 1997 only 2004, when there were 6 sales were there more than this October. October, 2011 with the 5 sales gives a good indicator that the market here is making the required corrections to once again become balanced. Reduced inventory, low interest rates and reduced values are all contributing to improvements in the real estate market in Plantation Bay.