Ormond By The Sea Condo market as of August 1, 2009

As of August 1, there are 103 Condos for sale in Ormond By The Sea so at the July rate of 11 sales per month (if that is sustained) there is a 9.4 months supply of Condos currently on the market. There are currently 8 Condos under contract pending closing. Nationally, the inventory of homes for sale is 9.4 months, while in the Daytona Beach area we have just over 14 months supply of homes for sale at the current rate as of June. Statewide as of the end of June 2009 Condo sales were up 39% over last year and the median sales price was down 37%. The Daytona Beach MSA saw Condo sales increase 35% which the median sales price decreased 33 % from last June according to the Florida Association of Realtors. Of The Ormond By The Sea Condos for sale currently there are 55 asking under $200,000 and 19 of those are under $150,000

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 Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com