Ormond By The Sea, Florida Home Sales Analysis for November, 2011

Ormond By The Sea, Florida Home Sales Analysis for November, 2011

Ormond By The Sea Florida Homes sold in November, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 8 Ormond By The Sea, Florida homes sold in November, 2011. Two (2) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 25 homes under contract waiting closing and 13 of those have lender involvement. The highest priced home sold was a 3 bedroom on Capistrano Dr for $180,000 and the lowest priced was a 3-bedroom 2 bath on Buckingham Drive for $57,000.
Ormond By The Sea, Florida homes sold in November, 2011 by price range.

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

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

While the 2011 volume is lower that in previous years the average sales price is close to that of 2009 which may indicate that values are beginning to level off and the continuing decline in values is close to being over.
Here is a table comparing November home sales for the past 5 years. The 2005 average sale price was over $300,000.

Year	Number of Sales	Average Sales Price $
2011	8	124,250
2010	11	144,173
2009	24	126,219
2008	9	173,167
2007	11	283,436

Ormond By The Sea, Florida Condos Sold in November, 2011

Ormond By The Sea, Florida Condos Sold in November, 2011

Two condos sold in Ormond By The Sea, Florida during November, 2011
through the Daytona Beach Area Association of Realtors® Multiple
Listing Service (MLS), one of which involved a lender as a short sale
or foreclosure.
There are also 12 condos under contract pending sales closing and 8 of
those involve a lender.
The 2 sales is lower than the 2010 monthly average of 5.5 sales andless
than any November since 2005 and 2006 when there were also 2 condo
sales. Although there were only 2 sales this November, it is usually a
slow month. Indeed, year to date there have already been more Ormond By
The Sea condos sold than in any other year since 2005 where 110 condo
were sold during that year.

Here is the list of the November, 2011 condo sales.
Condo Description Sold Price
Ocean House* 1 bedroom 2 bath $115,000
Ormondy** 3 bedroom 2 bath $250,000

**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

Free tour of Daytona International Speedway

Free tour of Daytona International Speedway
Share your Christmas
Get a free tour of the home of the Daytona 500 by donating food before December 12, 2011.  Please Share your Christmas.
Daytona International Speedway has joined with the Orlando NBC television affiliate WESH Ch. 2 for the station's annual "Share Your Christmas" food drive. All race fans who donate at least 4 cans of food inside the lobby of the Speedway ticket office before Noon on Dec. 12,2011  will receive a ticket for a free 30-minute Speedway tour. Food drive donations go to The Second Harvest Food Bank and the Salvation Army of Central Florida. There will be a live broadcast from the Speedway location on December 12, 2011 for the food drive.  Bring your donations to the Daytona International Speedway Tours Lobby Guest Services desk before Noon on December 12, 2011 to receive your free tour voucher for the free 1/2 hour tour.
For additional information contact Speedway Guest Services at 386-681-6530.
The free tour will be in the form of a vouher that is good for 1 year so you don't need to plan any more time than it takes to drop off the goodies.  Please note that there is no limit to the number of cans of food you can donate.  Please be as generous as you can to help more people in need.  Thank you.
The free tour will take you through the infield, let you see the high banks at the turns and pass along pit road and through the NASCAR Nationwide series garages.  All this while learning a bit of the history of Daytona International Speedway.
Some charities are reporting close to double the number of families they are aware of that need help this year as compared to previous years so if you can afford to help a Little or donate your time, this is the season for giving.  Please help if you can.
Visit the WESH web site for more information  http://www.wesh.com/holidays/29673844/detail.html#ixzz1fg1IHGLe

 Share your christmas

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale Nov

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale November 30, 2011

Plantation Bay homes for sale as of November 30, 2011
There are 55 Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of November 30, 2011. 7 of those homes involve a lender as either a short sale or foreclosure.

Below is a chart listing the number of homes for sale by price range.

Price range	Homes	Bank
Under $150,000	0	0
150,000 to 199,000	13	2
200,000 to 249,000	14	2
250,000 to 299,000	8	1
300,000 to 399,000	8	1
400,000 to 799,000	9	1
800,000 and over	3	0
Total	55	7

To view homes and condos available through Ocean View Realty Group or To search the entire Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale go to the sales page of this Ocean View Realty Group web site.

Ormond By The Sea Florida homes for sale November 30, 2011

Ormond By The Sea Florida homes for sale
November 30, 2011
Homes for sale in Ormond By The Sea Florida

Ormond By The Sea, Florida Condos for sale by price range November 30, 2011

Ormond By The Sea, Florida Condos for sale by price range November 30, 2011

The chart below shows Ormond By The Sea Florida condos for sale by price range as of November 30, 2011.

Price range in $Thousands	Number for sale	Lender involved	Directly on the beach
Under 100	3	1	0
100-149	19	5	2
150-199	23	0	4
200-299	7	0	5
300-499	8	0	7
500+	1	0	1
Total	61	6	19

For additional information about the Ormond By The Sea Florida real estate market visit thew Ocean View Realty Group web site Market Watch page.

Ormond By The Sea, Florida Condos for sale as of November 30, 2011

Ormond By The Sea, Florida Condos for sale as of November 30, 2011

As of November 30, 2011 we have 61 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 44 priced under $200,000 and 2 of those are under $100,000. Additionally, there are 12 condos under contract pending closing of which 8 involve the lender as a short sale or foreclosure. There are 6 of the 61 condos for sale involving a lender , either short sales or foreclosures.
Short sales or foreclosures continue to be about 66% of the pending condos but about 10% of the condos for sale indicating the banks are pricing their properties to sell while most owners are expecting to get more than the market will bear.

Below is a table breaking down the inventory by condominium name.

Condo name	For Sale	Lowest $	Highest $	Year Built	Directly On The Beach
Aquarius	2	179,900	229,000	1973	Yes
Atlantic 22	1	159,900	159,900	1990	No
Barrier Island	6	189,900	390,000	2000	No
Capriana	6	375,000	520,000	2006	Yes
Corinthian	1	103,900	103,900	1974	No
Court of Palms	0	0	0	1968	No
Fairwind Shores	4	120,000	189,000	83-87	No
Gemini	2	245,000	359,000	1984	Yes
Kingston Shores	5	95,000	199,900	1973	No
Las Olas	0	0	0	1997	No
Leeward Winds	4	149,900	167,900	1990	No
Madeira  Villa N,C and South	1	124,900	124,900	71-72	No
Mariners Bay	1	127,000	127,000	1981	No
Ocean Dunes	1	139,000	139,000	1978	No
Ocean  House	4	125,000	195,000	83-85	No
Ocean Shores	0	0	0	1973	No
Ocean        Watch	1	145,000	145,000	1986	No
Oceanaire	1	124,900	124,900	1984	No
Oceanside	0	0	0	1973	No
Ormond   Breakers	1	165,900	165,900	1974	No
Ormond  By The Sea Club	1	214,900	214,900	1972	Yes
Ormondy	0	0	0	1986	Yes
Regency Plaza	5	142,000	179,900	1974	Yes
Sand         Dunes	0	0	0	1985	No
Sands   Point	0	0	0	1971	Yes
Seabridge	4	118,000	159,900	1991	No
Seabridge North	2	135,000	144,900	1994	No
Seascape	0	0	0	1983	No
Spinnaker	1	100,000	100,000	1987	No
Shoreham	0	0	0	1972	Yes
S      Starboard        Light	1	179,000	179,000	1981	No
Sunny Beach         Club	1	169,000	169,000	1990	No
Sunrise	1	179,900	179,900	1986	No
Surfside Club	2	219,900	249,500	1971	Yes
Tiffany	1	349,000	349,000	1991	Yes
Villa Sereno	0	0	0	1973	No
Winchester Manor	0	0	0	1974	No
Windemere Shores	1	174,900	174,900	1973	No

 

To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group web site.