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Wednesday, July 18, 2012

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.