Wednesday, January 22, 2014

PB homes sold for the year 2013


Plantation Bay Golf and Country Club 
in Ormond Beach Florida Homes sold in 2013

Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 111 Plantation Bay Golf and Country Club homes sold in 2013.  This volume of homes sold is higher than 4 of the past 6 years.  Last year there were 90 sales and  14 of those 2012 sales involved a lender as either a short sale or foreclosure. The highest priced home sold was a 3 bedroom 4 bath on Woodbridge Dr. for $905,000 and the lowest priced home sold was a 2 bedroom 2 bath for $117,000 on Jasmine Run.

2013 Plantation Bay home sales by price range.
 

 $ Price range

in thousands

Number

of sales

2 Bedroom

3 Bedroom

4 or more

Bedrooms

Lender

involved

Under 150

4

3

1

 0

1

150-199

24

2

19

3

6

200-249

21

1

19

1

0

250-299

24

0

15

9

2

300-399

13

0

3

10

1

400+

25

0

14

11

1

Totals

111

6

69

33

11


Homes sold for the year 2013

Ormond By The Sea Florida Homes sold 2013

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 218 Ormond By The Sea, Florida homes sold in 2013.  Lenders were involved in 34 of the sales, either a short sale or foreclosure. 
The highest priced home sold was a 5 bedroom 4 bath on John Anderson Dr for $1,175,000 and the lowest priced was a 2 bedroom 2 bath on Sunny Shore Dr. for $45,000.  

The number of Ormond By The Sea Florida homes sold in 2013 was much higher than the 183 sold in 2010. In 2005 there were 277 sales.  Lenders were involved in sales in all price ranges with the highest percentage of lender involvement being in the under $75,000 to $99,000 range.

If this pace of sales continues we are at 6 months of inventory which is a balanced market and we should be looking forward to the potential for values increasing or at least we seem to have hit the point where values are no longer in decline.


2013 Ormond By The Sea Florida home sales by price range.
  

 $ Price range

in thousands

Number

of sales

1 Bedroom

2 Bedroom

3 Bedroom

4 or more

Bedrooms

Lender

involved

Under 75

12

1

10

1

        0

6

75-99

34

0

28

6

0

13

100-149

81

0

54

24

3

8

150-199

48

0

18

30

0

3

200-299

24

0

2

19

3

2

300+

19

0

1

13

5

1

Totals

218

1

113

93

11

33


condos sold for the year 2013

Ormond By The Sea Florida condos sold 2013

Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 109 Ormond By The Sea, Florida condos sold in 2013.  That total almost matches the 2011 condo sales which was the highest number of condo sales in Ormond By The Sea since 111 sales in 2005.  The highest priced condo sold was a 3-bedroom/ 3-bath at The Capriana for $390,000 and the lowest priced was a 2-bedroom 1 bath at The Winchester for $62,000.  Lenders were involved in 15 of the 109 sales as foreclosures or short sales. 
Condo values in Ormond By The Sea Florida have returned to 2002 levels and appear to be increasing. 
 

Ormond By The Sea Florida condo sales by price range.

Price range

in thousands $

Number

of sales

Studio or

1 Bedroom

2 Bedroom

3+ Bedroom

Lender

involved

Directly on

The beach

Under 100

13

4

9

0

4

3

100-149

46

2

44

0

10

3

150-199

23

0

21

2

1

6

200-299

19

0

15

4

0

16

300+

8

0

0

8

0

7

Totals

109

6

89

14

15

35

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About Me

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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.