Tuesday, September 02, 2014

Ormond By the Sea Florida 2nd qtr home sales analysis



Ormond By the Sea Florida second quarter home sales analysis 2014

This table shows the homes sold in Ormond By the Sea Florida for the second 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
2014

77
$90,500
$610,000
$185,569
$195,754
1539
$121
102
2013

50
$70,000
$1,175,000
$186,863
$210,579
1446
$129
109
2012
51
$75,000
$645,000
$170,807
$183,635
1507
$113
83
2011
54
$58,660
$895,000
$157,260
$174,306
1580
$100
120
2010
51
$60,000
$485,000
$133,710
144,924
1329
$101
104
2009
33
$67,500
$430,000
$130,253
141,976
1222
$107
105
2008
42
$75,000
$500,000
$156,937
$173,879
1212
$129
71
2007
23
$120,000
$847,500
$221,778
$238,587
1267
$175
106
2006
49
$169,900
$1,200,000
$337,758
$353,476
1445
$234
86
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 and is the highest since 2008 and the average sold home size has decreased allowing for a more stable market.
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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.