Saturday, January 21, 2012

Ormond By The Sea Florida condos sold 2011


Ormond By The Sea Florida condos sold 2011
Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 79 Ormond By The Sea, Florida condos sold in 2011. That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005. The highest priced condo sold was a 3-bedroom at the Capriana for $495,000 and the lowest priced was a 2-bedroom 1 bath at Winchester Manor for $40,425. Lenders were involved in 20 (26%) of the 79 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels and appear to be holding relatively steady. The average number of sales monthly in 2010 was 5.5 and the 2011 average was 6.6 indicating a big jump toward making the market more stable and balanced.

Ormond By The Sea Florida condo sales by price range.
Price range
in thousands $
Number
of sales
Studio or
1 Bedroom
2 Bedroom
3 Bedroom
Lender
involved
Directly on
The beach
Under 100
17
0
17
0
6
0
100-149
31
2
27
2
7
4
150-199
19
1
18
0
6
14
200-299
9
0
4
5
1
8
300+
3
0
0
3
0
3
Totals
79
3
66
10
20
29

No comments:

Blog Archive