Wednesday, February 25, 2009

Ormond By The Sea Condo sales

Ormond By The Sea Condo sales

Here is a chart I made from the Daytona Beach Area Association of Realtors MLS.

The average sales price is an indicator of the recent reduction in condo values.

Year

Sales

Lowest$

Highest$

2/2*

2/2 average$*

2/2 Low $*

2/2 High $*

Directly on the beach

2001

87

49,250

270,000

55

$106,836

66,000

160,000

21

2002

117

55,000

339,000

69

$124,644

63,000

189,900

27

2003

109

64,500

350,000

59

$149,076

92,600

190,000

44

2004

84

78,000

599,000

41

$198,227

125,000

255,000

29

2005

111

128,000

840,000

74

$263,326

137,500

335,000

23

2006

43

117,000

810,000

24

$250,954

130,000

346,000

13

2007

50

110,000

830,000

28

$218,636

110,000

300,000

16

2008

41

110,000

720,000

25

$178,396

150,000

200,000

14

* These are on the west side of A1A

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