Ormond By The Sea Florida mid-year Home sales analysis

Ormond By The Sea Florida mid-year Home sales analysis

This table shows the condos sold in Ormond By The Sea Florida for the first 6 months
of the year through the Daytona Beach Area Realtors® Multiple Listing Service (MLS)

Year	# Sales	Low $	High $	Average	Average ask $	Average Sq. Ft	Price/sq. Ft. avg $	Average DOM
2011	43	40,425	400,000	141043	153,282	1289	118.92	102
2010	30	50,000	550,000	157875	179,837	1277	140.83	191
2009	22	95,000	474,900	184118	203,164	1218	166.80	143
2008	19	137,000	325,000	187297	208,032	1079	192.80	110
2007	22	110,000	620,000	259086	286,450	1292	221.71	121
2006	18	150,000	810,000	332000	350,594	1280	273.90	96
2005	80	128,000	550,000	266804	277,423	1122	247.26	53
2004	48	78,000	436,000	213419	221,242	1244	177.85	41
2003	44	64,500	350,000	167285	175,311	1158	151.39	63
2002	55	63,000	267,500	122912	128,414	1114	115.27	55
2001	54	49,250	270,000	112448	117,354	1208	97.15	67

 The average days on the market are down so far this year ane the volume of sales is up over 40%.  Both of those are good indicators for the market even though the average sales price once again has declined.