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.