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Friday, July 20, 2012

Ormond By The Sea Florida Condos for sale by price range June 30 2012



Ormond By The Sea, Florida Condos for sale by price range June 30, 2012
The chart below shows Ormond By The Sea Florida condos for sale by price range as of June 30, 2012.



 Price Range In $Thousands  Number For Sale Lender Involved  Directly On The Beach 
 Under 100  6  1 1
 100-149 14 6 2
 150-199 17 0 5
 200-299 10 0 7
 300-499  5  0  5
 500+  0  0 0
 Total 52 7 20


  Condos coming on the market that are priced right are selling while those that are overpriced stay on the market.
The inventory has increased slightly since last month and the increase is for condos that are directly on the beach.

To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group web site. 

Contact Realtor® Rhonda Lehnen at  386-441-8245 today for additional information and to get a free market analysis for your Ormond By The Sea condo.


Thursday, July 19, 2012

Ormond By The Sea Florida Condos Sold in June 2012



Ormond By The Sea, Florida Condos Sold in June, 2012
Five condos sold in Ormond By The Sea, Florida during June, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure. 
There are also 19 condos under contract pending sales closing and 7 of those
 involve a lender.
  
Here is the list of the June, 2012 condo sales
.
Condo                    Description       Sold Price
Leeward Winds           2 Bedroom 2 Bath    $145,000
Seabridge                  2 Bedroom 2 Bath    $129,900
                                             
Windemere Shore       2 Bedroom 2 Bath    $140,000                                                 
Oceanaire            2 Bedroom 2 Bath    $130,000
Maderia Villa North         2 Bedroom 2 Bath    $95,000

Kingston Shores            2 Bedroom 2 Bath $97,000
Sunny Beach Club         2 Bedroom 2 Bath       $124,900
Mariners Bay               2 Bedroom 2 Bath        $118,000
Atlantic 22                 2 Bedroom 2 Bath        $128,000
Gemini**                2 Bedroom 2 Bath        $250,000


**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.

Here is a chart of June Ormond By The Sea condo sales showing how 2012 compares to previous years.

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 

Wednesday, July 18, 2012

Ormond By The Sea Florida homes for sale June 30 2012


Ormond By The Sea Florida homes for sale June 30 2012   Homes for sale in Ormond By The Sea Florida


There are 90 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of June 30, 2012.     An additional  36 homes are under contract awaiting closing.  As has been the case in recent months, lenders are pricing their properties more aggressively to get quicker sales.  Lenders are involved in 13 of the 90 homes for sale (14%) but 16, more than a third (39%), of the 41 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $74,900 to $1,795,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be getting back to a being more balanced between buyers and sellers.  There are investors waiting for the lower priced homes to come available and if homes come on the market at a reasonable price they are being sold quickly.  The number of homes for sale in Ormond By The Sea has increased since last month when there were 78 homes for sale.

The chart below shows Ormond By The Sea Florida homes for sale by price range.

Price range in
$Thousands
Number
1 Bdrm
2 Bdrm
3 Bdrm
4+ Bdrm
Bank 
Under 100
8
0
6
2
0
3
100-149
20
0
16
4
0
4
150-199
8
0
2
5
1
 0
200-299
14
0
1
7
6
3
300-499
16
0
1
11
4
0
500-999
19
0
1
7
11
3
Over $1 Million
5
0
0
1
4
 0
Total number of homes
90
1
27
37
26
13
To view homes and condos available through Ocean View Realty Group or To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of this Ocean View Realty Group web site. 

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale June



Plantation Bay Golf and Country Club  in Ormond Beach Florida Homes for sale June 30 2012 
Plantation Bay Golf and Country Club
 
Plantation Bay homes for sale as of June 30, 2012
There are 53 Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of June 30, 2012 and 6 of those homes involve a lender as either a short sale or foreclosure.  

Below is a chart listing the number of homes for sale by price range.
Price range  Homes Bank 
 Under $150,000  4 1
 150,000 to 199,000 11 1
 200,000 to 249,000 10 2
 250,000 to 299,000 8 0
 300,000 to 399,000 6 1
 400,000 to 799,000 10 1
 800,000 and over 4 0
Total  53 6


To view homes and condos available through Ocean View Realty Group or To search the entire Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale go to the sales page of this Ocean View Realty Group web site.  

Ormond By The Sea Florida mid-year Home sales analysis 2012

Ormond By The Sea Florida mid-year Home sales analysis 2012This table shows the homes 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 ask
Average sold
Average
SQ. FT
Price/sq. Ft avg $
Average DOM
2012  39 37,000 395,000 136,587 148,156 1207 113.09 108
2011
93
50,000
895,500
158,921
145,874
1464
99.64
104
2010
85
60,000
565,000
157,035
143,881
1380
104.26
115
2009
60
64,900
475,000
146,475
133,904
1222
109.58
93
2008
71
74,000
500,000
192,072
175,221
1279
137.00
84
2007
53
120,000
1,185,000
257,157
239,760
1256
190.89
103
2006
71
15,5000
1,200,000
337,277
321,657
1390
231.41
86
2005
161
150,000
1,050,000
291,034
279,467
1455
192.07
59
2004
126
100,000
930,000
220,071
212,248
1402
151.39
48
2003
123
79,000
690,000
181,551
171,966
1414
121.62
64
2002
134
54,000
625,000
142,313
135,149
1372
98.51
52
2001
120
53,000
585,000
118,595
113,249
1283
88.27
52
This is a real positive report even though the sales volume is reduced probably due in part to the lower inventory.  Sales prices are up a little and the price per square foot is also up.  Average days on the market seems relatively stable.

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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 was married to the late 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 was in the US Navy and has a son Scott III and a daughter Hannah.  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.