Friday, January 06, 2012

Ormond By The Sea, Florida Condos for sale by price range December 31, 2011



Ormond By The Sea, Florida Condos for sale by price range December 31, 2011

The chart below shows Ormond By The Sea Florida condos for sale by price range as of December 31, 2011.
Price range in
$Thousands
Number
for
sale
Lender involved Directly
on
the
beach
Under 100 2 1 0
100-149
21
4 4
150-199
18
0 3
200-299
6
0
4
300-499
6
0
6
500+ 0 0 0
Total
53
5
17

Ormond By The Sea, Florida Condos for sale as of December 31, 2011


Ormond By The Sea, Florida Condos for sale as of December 31, 2011

As of December 31, 2011 we have 53 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 41 priced under $200,000 and 2 of those are under $100,000. Additionally, there are 11 condos under contract pending closing of which 6 involve the lender as a short sale. There are 5 of the 53 condos for sale involving a lender , either short sales or foreclosures.

Short sales or foreclosures continue to be about 55% of the pending condos but less than 10% of the condos for sale indicating the banks are pricing their properties to sell while most owners are expecting to get more than the market will bear.

The inventory continues to decline as there were 61 Ormond By The Sea Florida condos actively for sale at the end of last month.

Below is a table breaking down the inventory by condominium name.
Condo name For
Sale
Lowest $ Highest $ Year Built Directly
On The Beach
Aquarius 2 179,900
229,000
1973 Yes
Atlantic 22 0 0 0 1990 No
Barrier Island 5 189,900 285,000 2000 No
Capriana 4 375,000 450,000 2006 Yes
Corinthian 1
103,900
103,900 1974 No
Court of Palms 0
0
0
1968 No
Fairwind Shores 3 140,000 189,000 83-87 No
Gemini 2 245,000 359,000 1984 Yes
Kingston Shores 5 85,000 199,900 1973 No
Las Olas 0
0
0
1997 No
Leeward Winds 3 149,900 164,900 1990 No
Madeira Villa N,C
and South
1 124,900 124,900 71-72 No
Mariners Bay 0 0 0 1981 No
Ocean Dunes 1 139,000 139,000 1978 No
Ocean House
5
125,000 189,000 83-85 No
Ocean Shores 0 0 0 1973 No
Ocean Watch 1
145,000
145,000
1986 No
Oceanaire 1
124,900
124,900
1984 No
Oceanside 0 0 0 1973 No
Ormond Breakers 0 0 0 1974 No
Ormond By The Sea Club 1 214,900 214,900 1972 Yes
Ormondy 0
0
0
1986 Yes
Regency Plaza 6 139,900 179,900 1974 Yes
Sand Dunes 0
0
0
1985 No
Sands Point 0 0 0 1971 Yes
Seabridge 4 118,000 159,900 1991 No
Seabridge North 2 119,900 144,900 1994 No
Seascape 0 0 0 1983 No
Spinnaker 1 100,000 100,000 1987 No
Shoreham 0 0 0 1972 Yes
Starboard Light 1
179,000
179,000
1981 No
Sunny Beach Club 1
169,000
169,000
1990 No
Sunrise 1
179,900
179,900
1986 No
Surfside Club 1 249,500
249,500
1971 Yes
Tiffany 1 349,000 349,000 1991 Yes
Villa Sereno 0 0 0 1973 No
Winchester Manor 0
0
0
1974 No
Windemere Shores 0 0
0
1973 No

To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group web site.

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