Quarterly homes sold analysis for the first quarter in Ormond By The Sea, Florida

About 40% of the 34 homes sold in Ormond By The Sea, Florida during the first quarter of 2010, throught the Daytona Beach area multiple listing service had lender involvement.  Lender involvement would be a short sale, foreclosure or lender owned property. 
The lowest sold price during the quarter was $67,000 for a 3-bedroom 2-bath on Laurie Drive and the highest was a 2-bedroom 2-bath directly on the beach on Ocean Dunes Drive.  To compare 2010 to previous years, see the chart below.


Quarterly homes sold        
January to March

Year        Sold         Lowest $           Highest $        Average sold price

2010         34            67,000            599,000                159,200
2009         28            66,000            475,000                135,900
2008         29            80,000            500,000                191,200
2007         30          120,000         1,185,000                253,500
2006         22          190,000            600,000                285,800


For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.

Vacation rental information is at http://www.ormondbeachcondorentals.com/