Real Estate statistics for May. 2006

VOLUSIA COUNTY REAL ESTATE STATISTICS FOR MAY, 2006 The median sales price of a single family home in Volusia County rose to $231,500 in May, 2006. The statewide Florida median is $256,400. Condo sales in May were down 30% and the median sales price declined 17% to $222,500 as compared to last year. Ormond By the Sea Condo sales (2 bedroom 2 bath across from the ocean) May 2004 Sold 3 average sale price $206,000 – Average days to sell is 48 May 2005 Sold 9 average sale price $233,000 – Average days to sell is 68 May 2006 Sold 2 average sale price $254,000 – Average days to sell 168 There were no direct oceanfront condo sales closed in May 2006. The above sales information was taken from the Daytona Beach Area Association of Realtors MLS. For additional information about the value of your condo in the current market or to discuss purchasing Ormond By The Sea property contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com