Ormond By The Sea Florida homes for sale February 29 2012

Ormond By The Sea Florida homes for sale February 29, 2012Homes for sale in Ormond By The Sea Florida 

There are 90 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of February 29, 2012. An additional 45 homes are under contract awaiting closing. As has been the case in recent months, lenders are pricing their properties more aggressively to get quicker sales. Lenders are involved in 15 of the 90 homes for sale (17%) but 23, more than half (51%), of the 45 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $79,900 to $1,995,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be getting back to a being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if they come on the market at a reasonable price they will be sold quickly.

The chart below shows Ormond By The Sea Florida homes for sale by price range.

Price range in $Thousands	Number	1 Bdrm	2 Bdrm	3 Bdrm	4+ Bdrm	Bank
Under 100	7	0	6	1	0	5
100-149	25	0	19	6	0	4
150-199	8	0	2	6	0	0
200-299	18	0	1	8	9	2
300-499	15	0	1	10	4	1
500-999	16	0	0	5	11	3
Over $1 Million	1	0	0	0	1	0
Total number of homes	90	0	29	36	25	15

To view homes and condos available through Ocean View Realty Group or 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 this Ocean View Realty Group web site.

Ormond By The Sea, Florida Condos Sold in February 2012

Ormond By The Sea, Florida Condos Sold in February, 2012

Four condos sold in Ormond By The Sea, Florida during February, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), two of which involved a lender as a short sale or foreclosure.
There are also 17 condos under contract pending sales closing and 9 of those involve a lender.


Here is the list of the February, 2012 condo sales.
Condo Description Sold Price Seabridge North* 2 Bedroom 2 Bath $ 104,000Madeira Villa North 2 Bedroom 2 Bath $ 106,000
Regency Plaza** 2 Bedroom 2 Bath $ 129,920
Fairwind Shores* 2 Bedroom 2 Bath $ 140,000

**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

OLDIES SOCK HOP in Palm Coast Florida

OLDIES SOCK HOP in Palm Coast Florida

Come on out to the VFW Post 8696 on Saturday, March 31, 2012 for an oldies sock hop featuring the Knights to Remember.  The show begins at 6:30 PM and will be about 3 hours of great oldies music.  Dennis, Brian, Pete and Danny are the Knights to remember and make some fabulous harmony as well as each of them performs the lead on some of the old tunes that will spark your memory.  Reserved seating is limited and advance ticket purchase is suggested so you don't miss this great show.  Tickets are only $ 10 per person.

For ticket and other information about the Oldies Sock Hop call the VFW post 8696 at 386-446-8696.

For additional information about the Knights To Remember visit their web site at http://knightstoremember.com/ 

VFW Post 8696

47 Old Kings Rd. N

Palm Coast Florida

The post is less than a mile north of Palm Coast Pkwy on the left side of the road on Old Kings Rd North.

OLDIES SOCK HOP in Palm Coast Florida

Unfurnished, Ocean View Condo For Rent in Ormond By The Sea

2250 Ocean Shore Blvd #103
Ormond Beach
FL 32176
Ormond Oceanside Condo

Ormond Oceanside Condo unit103 is an unfurnished 2 bedroom 2 bath unit on the first floor at the Ormond Oceanside Condo. Condo is Available for annual lease at $850 monthly. Rent includes water, sewer, pest control and basic cable. Tenant pays electricity and phone.

 

For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.

Rhonda Lehnen is our sales specialist – ovforsale@aol.com

Deanna Thomas and Jeanne Labonte are our rental specialist – ovrentals@aol.com

Ocean View Realty Group

1350 Ocean shore Blvd. Suite A

Ormond Beach, Fl 32176

386-441-8245

Fax 386-441-2407

Toll free USA & Canada 1-800-356-3409

Vacation rental information is at www.ormondbeachcondorentals.com

 

Food Lion Closing

Food Lion Closing in Ormond Beach Florida

As of February 15, 2012 the last of the Food Lion Supermarkets in Volusia and Flagler County will be closed. The last Flagler Beach store on Route 100 closed in 2009. In addition to the Ormond Beach store at 101 E. Granada, stores in New SmyrnaBeach and Port Orange are also closing. There were a total of 8 stores in the Volusia and Flagler market at one time. After February 15, 2012 there will be none. The Food Lion chain is owned by a Brussels, Belgium based company who has indicated the need to close under performing locations.

Ormond By The Sea Florida Homes sold 2011

Ormond By The Sea Florida Homes sold 2011

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 176 Ormond By The Sea, Florida homes sold in 2011. Lenders were involved in 56 (32%) of the sales, either a short sale or foreclosure.
The highest priced home sold was a 4 bedroom on John Anderson Dr for $895,000 and the lowest priced was a 2 bedroom 1 bath on River Shore Dr. for $50,000.

The number of Ormond By The Sea Florida homes sold in 2011 was slightly lower than the 183 sold in 2010 but higher than all other years since 2007. 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 $100,000 range.

2011 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	29	1	27	1	0	19
75-99	27	0	23	4	0	13
100-149	55	0	34	18	3	14
150-199	40	0	7	28	5	5
200-299	18	0	1	14	3	3
300+	7	0	1	4	2	2
Totals	176	1	93	69	13	56

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.

French Market in downtown Daytona Beach Florida

Downtown Daytona Beach merchants will present a French Market on this spring on Saturday, February 26, March 26, and April 23, 2012.

The event is expected to offer food, arts, entertainment and much more. Outside vendors will come in to provide a variety of offerings. It is expected to be a multi-cultural event. The French Market is an open air shopping bazaar that will be experienced along Beach Street from Bay Street to Orange Avenue and also along International Speedway Blvd.
The French Market stretches more than 4 blocks in historic downtown Daytona Beach from 9AM to 3PM. You can also stroll over to the Farmer's market on City Island which is open every Saturday from 8AM to Noon.

There will be entertainment, arts and crafts, holiday items, baked goods, handbags and apparel and much more.
Admission is FREE and parking is FREE. Head on down to downtown Daytona Beach Florida on December 3rd for music, fun, food and dancing and get some Christmas shopping done.
For additional information call Kelli at 386-290-1365 or Stacey at 386-255-3701.

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Ormond By The Sea Florida condos sold 2011

Ormond By The Sea Florida condos sold 2011
Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 79 Ormond By The Sea, Florida condos sold in 2011. That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005. The highest priced condo sold was a 3-bedroom at the Capriana for $495,000 and the lowest priced was a 2-bedroom 1 bath at Winchester Manor for $40,425. Lenders were involved in 20 (26%) of the 79 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels and appear to be holding relatively steady. The average number of sales monthly in 2010 was 5.5 and the 2011 average was 6.6 indicating a big jump toward making the market more stable and balanced.

Ormond By The Sea Florida condo sales by price range.

Price range in thousands $	Number of sales	Studio or 1 Bedroom	2 Bedroom	3 Bedroom	Lender involved	Directly on The beach
Under 100	17	0	17	0	6	0
100-149	31	2	27	2	7	4
150-199	19	1	18	0	6	14
200-299	9	0	4	5	1	8
300+	3	0	0	3	0	3
Totals	79	3	66	10	20	29

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in Decem

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in December 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 4 Plantation Bay Golf and Country Club home sold in December, 2011. One of those have lender involvement as either a short sale or foreclosure.

The Plantation Bay homes sold were:
3 bedroom on Bay Pointe Dr for $170,000
3 bedroom on Sunningdale Ln for $175,000
3 bedroom on Gale Ln for $200,000
4 bedroom on Dovercourt Ln for $513,000

The 4 sales in December, 2011 equals the volume of sales in the month of November. December, 2011 with the 4 sales gives a good indicator that the market here is making the required corrections to once again become balanced. Reduced inventory, low interest rates and reduced values are all contributing to improvements in the real estate market in Plantation Bay.