For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously
Ormond By The Sea Florida 10 year Condo sales analysis
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
|
2009
|
59
|
50,000
|
595,000
|
35
|
$156,706
|
104,900
|
200,000
|
18
|
2010
|
66
|
47,251
|
550,000
|
44
|
$126,672
|
67,500
|
200,000
|
12
|
- These are on the west side of A1A, across the road from the beach.
All sales information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).
While the value of condos seems to have returned to the 2002 level the volume of sales, although higher in 2010, has not yet returned to the level of earlier years.
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