Showing posts with label Ormond Owners Report. Show all posts
Showing posts with label Ormond Owners Report. Show all posts

Monday, April 30, 2018

Ormond Owners Report First Quarter 2018

Ormond Owners Report
First Quarter 2018
Hello From Ormond By The Sea Florida
Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group
publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo
owners local information that they may not otherwise receive.  View other editions of the
Ormond Owners Report.
BUSINESS BRIEFS
-Hard Rock hotel is now open at 918 N Atlantic ave. Daytona Beach.
-Ben and Jerry’s ice cream shop has opened at One Daytona.
-Landshark Bar and Grill and Cocina 214 tex mex restaurant are open at 451 S Atlantic Ave.
-A Delta hotel by Marriott is open in Daytona Beach Shores.
LOCAL NOTES
-O’hara’s has changed its name to Origins.
-Houligan’s has reopened following hurricane repairs.
Ormond By The Sea Florida condo sales analysis 1st Quarter 2018
This table shows the condos sold January 1 to March 31 in Ormond By The Sea Florida in 2018
through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS) with a comparison to
prior years.
Year
Sales
Low$
High$
Average
Avg ask
Avg sq.ft
Price/sq ft
2018
24
80,000
419,000
221,563
230,971
1207
181
2017
24
87,500
470,000
207,647
218,355
1248
166
2016
17
75,000
585,000
204,317
212,717
1184
170
2015
20
106,900
369,000
200,353
211,179
1286
159
2014
23
50,000
490,000
187,330
201,554
1229
152
2013
27
62,000
355,000
170,736
179,574
1150
148
2012
14
70,000
325,000
187,571
200,714
1312
143
2011
16
108,000
250,000
150,100
163,468
1234
121
2010
9
45,251
318,773
139,096
153,193
1242
112
2009
11
50,000
250,000
150,333
166,020
1173
128


Note the price per square foot and average sale prices are high.  Condos that are priced right for
the market will sell quickly while anything overpriced will sit on the market.

Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or
condo. Visit our website www.ovrealty.com and our vacation rental web site
at www.ormondbeachcondorentals.com or call us at 386-441-8245. Email for rental information
at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling
ovforsale@aol.com. Real estate market information is updated on the
Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for
sale and sold in Ormond By The Sea Florida.

Tuesday, July 18, 2017

Ormond Owners Report Second Quarter 2017



Ormond Owners Report
Second Quarter 2017
HELLO FROM ORMOND BY THE SEA FLORIDA
Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo owners local information that they may not otherwise receive. View other editions of the Ormond Owners Report.
BUSINESS BRIEFS
-Burger King on Atlantic Ave. south of Granada has closed.
-Delivery service is now available for Publix and ABC liquors through https://www.instacart.com/
LOCAL NOTES
-The tugboat that was in the river at San Jose Drive for almost 20 years has been taken away to a salvage yard in Texas.
-Hard Rock Hotel will be taking over the former Desert Inn building at 900 N Atlantic Ave which is undergoing renovations and hopes to open later this year.
-The Streamline Hotel in Daytona beach has reopened following extensive renovations.
Ormond By The Sea Florida mid-year sales analysis 2017
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 average $ per square foot has been increasing for several years.  Average sale price has increased again.  Both of those are good indicators for the market.  
Year
Sales
Low $
High $
Average sold $
Average
ask $
Average
Sq. Ft
Sq. Ft. avg $
Avg DOM
2017
55
87,500
543,000
225,326
236,444
1410
180
112
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


Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our web site www.ovrealty.com and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245. Email for rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling ovforsale@aol.com.  Real estate market information is updated on the Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for sale and sold in Ormond By The Sea Florida.

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