Monday, May 26, 2014

1st qtr condo sales analysis 2014



Ormond By the Sea Florida 1st Quarter condo sales analysis
This table shows the condos sold on Ormond By The Sea Florida for the first 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year




# Sales
Low $
Sold
High $
Sold
Average $
Average ask $
Average Sq. Ft
Price/Sq. Ft. avg. $
Average DOM
2014
23
$37,500
$322,725
$145,710
$138,000
1214
$120
102
2013
27
$65,000
$210,000
$129356
$134900
1096
$118
98
2012
14
$48,000
$300,000
$139,380
$156,164
1261
$111
94
2011
16
$40,425
$284,000
$144,320
$152,898
1262
$121
94
2010
9
$50,000
$550,000
$195,211
$227,900
1399
$139
226
2009
11
$95,000
$474,900
$209,027
$234,864
1204
$174
196
2008
10
$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

Friday, May 23, 2014

Ormond By The Sea Florida homes for sale April 2014



Ormond By The Sea Florida homes for sale
April 30,2014


Homes for sale in Ormond By The Sea Florida

There are 92 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of April 30, 2014. An additional 38 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 11 of the 92 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $84,900 to $1,290,000.

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 homes come on the market at a reasonable price they are being sold quickly.  

At the beginning of 2012 there were 25 Ormond By The Sea homes under contract and now there are 38 , which is another good indicator for the health of the market.

At the beginning of this year there were 91 Ormond By The Sea Florida homes for sale so the inventory has increased slightly.


This chart 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
1
0
1
0
0
  1
100-149
21
2
13
5
1
2
150-199
22
0
11
11
0
4
200-299
20
0
4
13
3
2
300-499
12
0
3
9
0
1
500-999
13
0
1
6
6
1
Over $1 Million
3
0
1
1
1
 0
Total number of homes
92
2
34
45
11
11
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.


Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com.

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