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.