Wednesday, July 18, 2012

Ormond By the Sea Florida quarterly condo sales analysis 2012 second quarter


Ormond By the Sea Florida quarterly condo sales analysis 2012 second quarter
This table shows the condos sold on Ormond By The Sea Florida for the Second 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).
Year # Sales Low $ High $ Average Average ask $ Average Sq. Ft Price/Sq. Ft. avg. $ Average DOM
2012 25 $37,000 $250,000 $136,024 $143,672 1178 $115 115
2011 27 $49,900 $480,000 $139,102 $153,509 1305 $107 104
2010 21 $53,250 $440,000 $141,874 $159,238 1225 $116 176
2009 11 $104,900 $205,000 $159,209 $171,464 1233 $129 91
2008 9 $160,000 $325,000 $207,083 $231,400 1185 $175 86
2007 14 $110,000 $620,000 $259,779 $293,821 1326 $196 143
2006 13 $179,000 $875,000 $361,385 $379,977 1338 $270 94
Although the average sales price is slightly lower the average sold price per square foot has increased and the volume of sales is higher than all but one year going 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.