Tuesday, October 05, 2010

Ormond By The Sea, Florida Condos Sold September, 2010



Ormond By The Sea, Florida Condos Sold  September, 2010


Regency Plaza Condominium
Seven condos sold in Ormond By The Sea, Florida during September, 2010
through the Daytona Beach Area Realtors® Multiple Listing Service. 
There are also 18 condos under contract pending sales closing.  
Of the 18 condos under contract, 9 involve a lender.
The high  inventory of 88 Ormond By The Sea condos for sale continues to indicate a buyers market. 
The average sale price was $111,643  which is well below the average sale prices in September 2009.
Here is the list of condo sales. 
    Condo                       Description                     Sold Price
Spinnaker                1 bedroom  1 bath             $65,000
Kingston Shores     2 bedroom 2 bath              $67,500
Kingston Shores     2 bedroom 2 bath              $89,000
Ormond Breakers  2 bedroom 2 bath              $120,000
Regency Plaza*       2 bedroom 2 bath              $125,000
Ocean Dunes           2 bedroom 2 bath              $125,000
Surfside Club*        2 bedroom 2 bath              $190,000


Only the Spinnaker sale involved a lender, either foreclosure or short sale.

*These Condo buildings are directly on the beach

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