Wednesday, February 09, 2011

Ormond By The Sea, Florida Condos Sold January 2011

Ormond By The Sea, Florida Condos Sold January 2011

 
 Five condos sold in Ormond By The Sea, Florida during January, 2011through the Daytona Beach Area Realtors® Multiple Listing Service (MLS), one of which involved a lender.  There are also 7 condos under contract pending sales closing and 5 of those involves a lender.
Of the 91 condos actively for sale on the market, 13 involve a lender.
The high inventory of 91 Ormond By The Sea condos for sale continues to indicate a buyers market and is about 18 months of inventory if we continue to sell 5 each month. There was an average of 5.5 condos sold each month in 2010.


Regency Plaza Condo

Between 2006 and 2010 there were 4 or fewer Ormond By The Sea Florida condos sold each January. There were 2 sales in January 2010.

Here is the list of the January 2011 condo sales.

  Condo                 Description              Sold Price
Ocean Shores               2 bedroom 1 bath              $53,000 
Regency Plaza*            2 bedroom 2 bath             125,000 Lender involved.
Mariners Bay                2 bedroom 2 bath             $125,000

Ormond Breakers          2 bedroom 2 bath             $125,000
Gemini*                           3 bedroom 2 bath             $270,000
  *These Condo buildings are directly on the beach  

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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

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