February 2009 Ormond By the Sea Condo Market

There are currently 106 Condos For Sale in Ormond By The Sea. More Sellars are realizing and understanding that values are coming down as reflected by the asking prices. Twenty percent of the condos For Sale (22) are asking $170,000 or less. Almost half (51) are asking $200,000 or less. Only 8 Condos are priced from $300,000 to $399,000. In 2006 sale prices for 2 bedroom Condos on the west side of A1A ranged from $265,000 to $346,000. Only 3 Sellars of those Ocean View Units continue to ask more than $265,000. Everything else in that price range and above is 3 bedroom on direct ocean front. We can only hope that your tax bells are reflecting the reductions in property values.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com