Tuesday, October 16, 2012

Ormond By the Sea Florida quarterly condo sales analysis

Ormond By the Sea Florida quarterly condo sales analysis 2012 third quarter
This table shows the condos sold on Ormond By The Sea Florida for the Third 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 26 $75,000 $380,000 $156,521 $170,784 1131 $138 149
2011 17 $90,000 $495,000 $180,023 $203,736 1281 $140 199
2010 15 $65,000 $530,000 $151,400 $165,520 1169 $129 107
2009 22 $59,900 $590,000 $186,863 $214,481 1166 $160 164
2008 11 $110,000 $720,000 $238,263 $262,962 1211 $196 161
2007 20 $125,000 $825,000 $292,620 $318,490 1166 $250 180
2006 15 $191,000 $410,000 $268,393 $281,440 1246 $215 103
Although the average sales price is slightly lower the average sold price per square foot has stabilized and the volume of sales is higher.

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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.