Thursday, March 21, 2013

Ormond By The Sea Florida Condo sales analysis


Ormond By The Sea Florida Condo sales analysis

The past few years we have seen the inventory of Ormond By The Sea Florida condos for sale decrease while the number of sales is increasing and the average sold prices are up as well.
This chart shows the activity before and after the real estate bubble.
Year
Sales
Lowest$
Highest$
2/2*
2/2 average$*
2/2 Low $*
2/2 High $*
Directly on the beach
2001
87
49,250
270,000
55
$106,836
66,000
160,000
21
2002
117
55,000
339,000
69
$124,644
63,000
189,900
27
2003
109
64,500
350,000
59
$149,076
92,600
190,000
44
2004
84
78,000
599,000
41
$198,227
125,000
255,000
29
2005
111
128,000
840,000
74
$263,326
137,500
335,000
23
2006
43
117,000
810,000
24
$250,954
130,000
346,000
13
2007
50
110,000
830,000
28
$218,636
110,000
300,000
16
2008
41
110,000
720,000
25
$178,396
150,000
200,000
14
2009
59
50,000
595,000
35
$156,706
104,900
200,000
18
2010
66
47,251
550,000
44
$126,672
67,500
200,000
12
2011
79
40,425
495,000
66
$131,734
40,425
265,000
29
2012
79
37,000
380,000
70
$143,849
48,000
260,000
28


  • These are on the west side of A1A, across the road from the beach.
All sales information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).
Call Realtor® Rhonda Lehnen of Ocean View Realty Group for information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent 386-441-8245 or visit the Ocean view Realty Group web site.where you can search the Daytona Beach area multiple listing service (MLS) anonymously.
Realtor® Rhonda can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell. Email Realtor® Rhonda at ovforsale@aol.com.

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