Ormond By The Sea Florida Homes sold in September 2011

Ormond By The Sea Florida Homes sold in September, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 15 Ormond By The Sea, Florida homes sold in September, 2011. Four (4) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 35 homes under contract waiting closing and 18 of those have lender involvement. The highest priced home sold was a 3 bedroom on Capistrano Dr for $240,000 and the lowest priced was a 2-bedroom 1 bath on Ocean Shore Drive for $67,000.
There were fewer homes sold in September, 2011 than in the past 2 years but this September saw more homes sold than in September of 2007 and 2008.
The high number of homes under contract (36) and the reduction in the inventory (89 homes for sale) are both good signs that the market may be getting stronger.
Ormond By The Sea, Florida homes sold in September, 2011 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	6	0	6	0	0	2
100,000-149,999	5	0	2	3	0	1
150,000-249,999	4	0	0	3	1	1
250,000+	0	0	0	0	0	0
Total number	15	0	8	6	1	4

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