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Wednesday, July 18, 2012

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


Ormond By The Sea Florida mid-year condo sales analysis
This table shows the condos 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 Average
ask $
Average
Sq. Ft
Price/ sq.
Ft. avg $
Average DOM
2012 39 37,000 275,000 136,588 148,156 1,208 113 108
2011 43 40,425 400,000 $141,043 153,282 1289 109 102
2010 30 50,000 550,000 157,875 179,837 1277 124 191
2009 22 95,000 474,900 184,118 203,164 1219 151 143
2008 19 137,000 325,000 187,297 208,032 1079 174 110
2007 22 110,000 620,000 259,086 286,450 1292 201 121
2006 18 150,000 810,000 332,000 359,594 1880 259 96


The volume of sales is down slightly so far this year but is still well above the years other than last year back to 2006.
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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.