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Tuesday, August 19, 2014

2nd qtr condo sales analysis

Ormond By the Sea Florida second quarter condo sales analysis 2014

This table shows the condos sold on Ormond By The Sea Florida for the Second 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

2014


31

$53,000

$350,000

$158,071

$163,905

1198

$132

108

2013


28

$70,000

$390,000

$178,200

$195,796

1371

$130

112

2012

25

$37,000

$250,000

$136,024

$143,672

1178

$115

115

2011

27

$49,900

$480,000

$139,102

$153,509

1305

$107

104

2010

21

$53,250

$440,000

$141,874

$159,238

1225

$116

176

2009

11

$104,900

$205,000

$159,209

$171,464

1233

$129

91

2008

9

$160,000

$325,000

$207,083

$231,400

1185

$175

86

2007

14

$110,000

$620,000

$259,779

$293,821

1326

$196

143

2006

13

$179,000

$875,000

$361,385

$379,977

1338

$270

94

Although the average sales price is slightly lower the average sold price per square foot has increased and


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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.