Wednesday, April 22, 2015

Ormond By The Sea Florida Homes sold 2014

Ormond By The Sea Florida Homes sold 2014


Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 233 Ormond By The Sea, Florida homes sold in 2014.  Lenders were involved in 42 of the sales, either a short sale or foreclosure.
The highest priced home sold was a 3 bedroom on John Anderson Dr for $800,000 and the lowest priced was a 2 bedroom 2 bath on Essex Dr. for $65,000. 

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.


2014 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
6
1
5
0
        0
4
75-99
21
1
17
2
1
12
100-149
84
0
64
18
2
11
150-199
49
0
19
29
1
7
200-299
49
0
5
38
6
5
300+
24
0
2
14
8
3
Totals
233
2
112
101
18
42

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