Tuesday, October 16, 2012

Ormond By the Sea Florida third quarter home sales analysis

Ormond By the Sea Florida third quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the third 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 42 $64,900 $957,500 $157,170 $169,080 1382 $113 89
2011 45 $63,500 $455,000 $149,193 $139,868 1374 $101 85
2010 54 $45,000 $290,000 $122,892 $136,353 1268 $96 130
2009 42 $68,000 $367,000 $1144,699 $159,804 1395 $103 125
2008 56 $72,000 $1,688,500 $233,991 $251,699 1491 $150 123
2007 32 $118,215 $1,250,000 $298,644 $323,044 1541 $193 94
2006 32 $135,000 $800,000 $264,677 $308,556 1447 $182 100
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.

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/. 

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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.