Thursday, February 21, 2013

Ormond By the Sea Florida quarterly condo sales analysis 2012

Ormond By the Sea Florida quarterly condo sales analysis 2012 fourth quarter
This table shows the condos sold on Ormond By The Sea Florida for the Fourth 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 14 $70,000 $325,000 $187,571 $200,714 1312 $143 49
2011 19 $108,000 $250,000 $150,100 $163,468 1234 $121 176
2010 21 $45,251 $318,773 $139,096 $153,193 1242 $112 197
2009 15 $50,000 $250,000 $150,333 $166,020 1173 $128 97
2008 11 $150,000 $292,500 $199,909 $225,572 1279 $176 206
2007 8 $198,000 $830,000 $393,562 $429,487 1584 $248 232
2006 10 $117,000 $750,000 $346,200 $371,670 1364 $253 91
The average sold price, as well as price per square foot have increased and the days on the market average is much lower than recent years.
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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.