December 31, 2011
Homes for sale in Ormond By The Sea Florida
There are 89 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of December 31, 2011. An additional 25 homes are under contract awaiting closing. As has been the case in recent months, lenders are pricing their properties more aggressively to get quicker sales. Lenders are involved in 17 of the 89 homes for sale (19%) but 14, more than half (56%), of the 25 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $69,000 to $1,995,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be back to a being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if they come on the market at a reasonable price they will be sold quickly.
The chart below shows Ormond By The Sea Florida homes for sale by price range.
Price range in
$Thousands
Number
1 Bdrm
2 Bdrm
3 Bdrm
4+ Bdrm
Bank
Under 100
10
0
10
0
0
6
100-149
22
0
15
6
1
6
150-199
9
0
0
8
1
1
200-299
11
0
1
7
3
2
300-499
15
0
1
9
5
1
500-999
17
0
0
8
9
1
Over $1 Million
5
0
0
0
5
0
Total number of homes
89
0
27
37
24
17
To view homes and condos available through Ocean View Realty Group or 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 this Ocean View Realty Group web site.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be back to a being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if they come on the market at a reasonable price they will be sold quickly.
The chart below shows Ormond By The Sea Florida homes for sale by price range.
Price range in
$Thousands
|
Number
|
1 Bdrm
|
2 Bdrm
|
3 Bdrm
|
4+ Bdrm
| Bank |
Under 100
|
10
|
0
|
10
|
0
|
0
| 6 |
100-149
|
22
|
0
|
15
|
6
|
1
| 6 |
150-199
|
9
|
0
|
0
|
8
|
1
| 1 |
200-299
|
11
|
0
|
1
|
7
|
3
| 2 |
300-499
|
15
|
0
|
1
|
9
|
5
| 1 |
500-999
|
17
|
0
|
0
|
8
|
9
| 1 |
Over $1 Million
|
5
|
0
|
0
|
0
|
5
| 0 |
Total number of homes
|
89
|
0
|
27
|
37
|
24
| 17 |
To view homes and condos available through Ocean View Realty Group or 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 this Ocean View Realty Group web site.
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