Quarterly condo sales analysis for Ormond By The Sea Florida 2011 first Quarter

Quarterly condo sales analysis for Ormond By The Sea Florida 2011 first Quarter

Here is a summary of Ormond By The Sea, Florida condo sales activity for the First Quarter 2011. All activity is from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).  The average sale price for all 15 condo sales was $143,941 and 6 of the sales had lender involvement as a short sale or foreclosure.

The average sale price and the volume of sales is up from last year and the number of sales is higher than in recent years.  The chart below shows a comparison to recent years

January to March (first quarter) Year	Total  number of Ormond By The Sea Florida condos	2 Bdrm 2 Bath  accross the street from the beach sales	2 Bdrm/2 Bath  accross the street from the beach average sold price.  $
2011	15	7	123,129
2010	9	3	116,667
2009	10	5	169,100
2008	10	6	175,983
2007	8	5	258,600
2006	5	3	259,333

The lowest priced 2011 First Quarter Condo sold was $53,000 for a two bedroom at the Ocean Shores Condo and the highest price paid was $284,000 for a three bedroom at the Gemini.
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.