Monday, July 06, 2009

Second Quarter 2009 Ormond By The Sea, Florida Condo Sales

There were 11 condos sold in Ormond By The Sea, Florida through the Daytona Beach area MLS (Multiple Listing Service) in the April to June quarter of 2009. There are 14 with contracts pending closing and some of these have been in pending status for a while. Of the 11 sales the highest price paid was for an 11th floor Ormondy unit at $205,000. The lowest price was $97,900 for a 2 bedroom townhouse at the Spinnaker. Overall the average sales price was $159,210, counting only the condos on the westside of A1A the average sale price was $153,033. Buyers seem to be looking for a deal. All of the sales this quarter are relatively spacious and some have upgraded kitchens or storm shutters. Interesting that none of the sales include the smaller units in buildings like Sunny Beach Club, Seabridge, Seabridge North and Ocean Watch where many of the units are under 1000 sq. ft. Asking prices for some of the smaller units continue to be high. Seabridge and Seabridge North have 9 units for sale and 7 of those are asking $189,000 or more and 4 are over $200,000. All of the Ocean Watch and Sunny Beach Club condos for sale are now asking under $200,000. 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 www.ovrealth.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

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