Saturday, July 23, 2016

Ormond By the Sea Florida second quarter home sales analysis 2016

Ormond By the Sea Florida second quarter home sales analysis 2016
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).
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 is the highest since 2008 and the average sold home size has decreased.
Year
sales
Low $
High $
Avg sold $
Avg ask $
Avg Sq. Ft
Price/ Sq. Ft
Avg DOM
2016
76
70,000
675,000
223,230
232,469
1432
161
94
2015
78
80,000
920,000
185,215
195,499
1446
129
155
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 (DOM) has decreased and the number of sales is slightly lower than 2015. Home values continue to increase.
For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale and for rent call Realtor® Rhonda Lehnen at 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.
For information about Ormond Beach and Ormond By The Sea homes and condos for saleor rent, contact Ocean View Realty Group or visit our web site athttp://www.ovrealty.com/.

This graphic compares the number of sales to previous years.



Vacation rental information is at 
http://www.ormondbeachcondorentals.com/
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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.