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Saturday, July 30, 2016

Ormond By The Sea Florida mid-year Home sales analysis 2016

Ormond By The Sea Florida mid-year Home sales analysis
This table shows the homes sold in Ormond By The Sea Florida for the first 6 months
of the year through the Daytona Beach Area Realtors® Multiple Listing Service (MLS)
 Sales prices are up a little and the price per square foot is also up.

Year
Sales
Low $
High $
Average ask
Average sold
Avg
SQ. FT
sq. Ft avg $
Avg DOM
2016
139
70,000
675,000
230,027
219,904
1469
153
102
2015
138
74,000
690,000
198,859
188,615
1428
131
154
2014
127
56,000
610,000
191,986
181,474
1493
122
101
2013
106
44,700
1,599,000
188,079
171,604
1386
124
123
2012
98
37,000
395,000
170,357
159,588
1489
107
78
2011
94
50,000
895,500
159,091
146,152
1463
100
104
2010
85
60,000
565,000
157,035
143,881
1380
104
115
2009
61
64,900
475,000
145,467
132,881
1217
109
94
2008
71
74,000
500,000
192,072
175,221
1279
123
84
2007
53
120,000
1,185,000
257,157
239,760
1256
191
103
2006
71
15,5000
1,200,000
337,277
321,657
1390
231
86
2005
161
150,000
1,050,000
291,034
279,467
1455
192
59
2004
126
100,000
930,000
220,071
212,248
1402
151
48
2003
123
79,000
690,000
181,551
171,966
1414
122
64
2002
134
54,000
625,000
142,313
135,149
1375
98
52
2001
121
53,000
585,000
118,595
113,249
1470
77
52


Tuesday, July 26, 2016

Ormond By The Sea Florida mid-year condo sales analysis 2016

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Ormond By The Sea Florida mid-year condo sales analysis 2016
This table shows the condos sold in Ormond By The Sea Florida for the first 6 months
of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS)

The volume of sales has been steady for a few years and values are increasing . Both of those are good indicators for the market.   The increase in days on the market may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.

Year
Sales
Low $
High $
Average sold $
Average
ask $
Average
Sq. Ft
sq. Ft. avg $
Avg DOM
2016
51
67,500
585,000
212,327
222,365
1237
172
127
2015
53
47,500
360,000
157,656
167,025
1217
131
163
2014
54
37,500
322,725
152,806
161,269
1203
127
106
2013
55
65,000
390,000
154,222
167,058
1236
125
122
2012
39
37,000
395,000
136,588
148,156
1208
113
108
2011
17
40,425
284,000
$144,320
152,898
1260
121
94
2010
10
50,000
550,000
195,211
227,900
1399
139
226
2009
12
95,000
474,900
209,027
234,864
1204
174
196
2008
11
137,000
210,000
169,490
187,000
985
172
133
2007
8
130,000
345,000
257,875
273,550
1233
209
81
2006
5
150,000
350,000
255,600
274,200
1131
226
101


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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.