Ormond By The Sea Florida Condos for sale by price range June 30 2012

Ormond By The Sea, Florida Condos for sale by price range June 30, 2012
The chart below shows Ormond By The Sea Florida condos for sale by price range as of June 30, 2012.

Price Range In $Thousands	Number For Sale	Lender Involved	Directly On The Beach
Under 100	6	1	1
100-149	14	6	2
150-199	17	0	5
200-299	10	0	7
300-499	5	0	5
500+	0	0	0
Total	52	7	20

  Condos coming on the market that are priced right are selling while those that are overpriced stay on the market.
The inventory has increased slightly since last month and the increase is for condos that are directly on the beach.

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. 

Contact Realtor® Rhonda Lehnen at  386-441-8245 today for additional information and to get a free market analysis for your Ormond By The Sea condo.

Ormond By The Sea Florida Condos Sold in June 2012

Ormond By The Sea, Florida Condos Sold in June, 2012

Five condos sold in Ormond By The Sea, Florida during June, 2012 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 19 condos under contract pending sales closing and 7 of those involve a lender.
  
Here is the list of the June, 2012 condo sales.Condo                    Description       Sold Price
Leeward Winds           2 Bedroom 2 Bath    $145,000
Seabridge                  2 Bedroom 2 Bath    $129,900                                             
Windemere Shore       2 Bedroom 2 Bath    $140,000                                                 Oceanaire            2 Bedroom 2 Bath    $130,000
Maderia Villa North         2 Bedroom 2 Bath    $95,000
Kingston Shores            2 Bedroom 2 Bath $97,000
Sunny Beach Club         2 Bedroom 2 Bath       $124,900
Mariners Bay               2 Bedroom 2 Bath        $118,000
Atlantic 22                 2 Bedroom 2 Bath        $128,000
Gemini**                2 Bedroom 2 Bath        $250,000


**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.
Here is a chart of June Ormond By The Sea condo sales showing how 2012 compares to previous years.

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 

Ormond By The Sea Florida homes for sale June 30 2012

Ormond By The Sea Florida homes for sale June 30 2012   Homes for sale in Ormond By The Sea Florida

There are 90 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of June 30, 2012.     An additional  36 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 13 of the 90 homes for sale (14%) but 16, more than a third (39%), of the 41 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $74,900 to $1,795,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be getting back to a being more balanced between buyers and sellers.  There are investors waiting for the lower priced homes to come available and if homes come on the market at a reasonable price they are being sold quickly.  The number of homes for sale in Ormond By The Sea has increased since last month when there were 78 homes for sale.

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	8	0	6	2	0	3
100-149	20	0	16	4	0	4
150-199	8	0	2	5	1	0
200-299	14	0	1	7	6	3
300-499	16	0	1	11	4	0
500-999	19	0	1	7	11	3
Over $1 Million	5	0	0	1	4	0
Total number of homes	90	1	27	37	26	13

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. 

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

Plantation Bay Golf and Country Club  in Ormond Beach Florida Homes for sale June 30 2012 

 

Plantation Bay homes for sale as of June 30, 2012
There are 53 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 June 30, 2012 and 6 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	4	1
150,000 to 199,000	11	1
200,000 to 249,000	10	2
250,000 to 299,000	8	0
300,000 to 399,000	6	1
400,000 to 799,000	10	1
800,000 and over	4	0
Total	53	6

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 mid-year Home sales analysis 2012

Ormond By The Sea Florida mid-year Home sales analysis 2012This table shows the homes sold in Ormond By The Sea Florida for the first 6 months 
of the year through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) 

Year	# Sales	Low $	High $	Average ask	Average sold	Average SQ. FT	Price/sq. Ft avg $	Average DOM
2012	39	37,000	395,000	136,587	148,156	1207	113.09	108
2011	93	50,000	895,500	158,921	145,874	1464	99.64	104
2010	85	60,000	565,000	157,035	143,881	1380	104.26	115
2009	60	64,900	475,000	146,475	133,904	1222	109.58	93
2008	71	74,000	500,000	192,072	175,221	1279	137.00	84
2007	53	120,000	1,185,000	257,157	239,760	1256	190.89	103
2006	71	15,5000	1,200,000	337,277	321,657	1390	231.41	86
2005	161	150,000	1,050,000	291,034	279,467	1455	192.07	59
2004	126	100,000	930,000	220,071	212,248	1402	151.39	48
2003	123	79,000	690,000	181,551	171,966	1414	121.62	64
2002	134	54,000	625,000	142,313	135,149	1372	98.51	52
2001	120	53,000	585,000	118,595	113,249	1283	88.27	52

This is a real positive report even though the sales volume is reduced probably due in part to the lower inventory.  Sales prices are up a little and the price per square foot is also up.  Average days on the market seems relatively stable.