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
|
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Charles A
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