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Wednesday, July 18, 2012

Ormond By the Sea Florida second quarter home sales analysis 2012


Ormond By the Sea Florida second quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the second 3 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 Average DOM
2012 51 $75,000 $645,000 $170,807 $183,635 1507 $113 83
2011 54 $58,660 $895,000 $157,260 $174,306 1580 $100 120
2010 51 $60,000 $485,000 $133,710 144,924 1329 $101 104
2009 33 $67,500 $430,000 $130,253 141,976 1222 $107 105
2008 42 $75,000 $500,000 $156,937 $173,879 1212 $129 71
2007 23 $120,000 $847,500 $221,778 $238,587 1267 $175 106
2006 49 $169,900 $1,200,000 $337,758 $353,476 1445 $234 86
The average days on the market so far this year is lower than any year since 2008 and the average sales price is up. Both of those are good indicators for the market.The average price per square foot is stable is the highest since 2008 and the average sold home size has decreased.
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For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. 

Vacation rental information is at 
http://www.ormondbeachcondorentals.com/
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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.