Wednesday, July 18, 2012

Ormond By the Sea Florida second quarter home sales analysis 2012


Ormond By the Sea Florida second quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the second 3 months of the year through the Daytona beach area realtors@ multiple listing service (MLS).
Year # sales Low $ High $ Average Average ask $ Average Sq. Ft Price/ Sq. Ft Average DOM
2012 51 $75,000 $645,000 $170,807 $183,635 1507 $113 83
2011 54 $58,660 $895,000 $157,260 $174,306 1580 $100 120
2010 51 $60,000 $485,000 $133,710 144,924 1329 $101 104
2009 33 $67,500 $430,000 $130,253 141,976 1222 $107 105
2008 42 $75,000 $500,000 $156,937 $173,879 1212 $129 71
2007 23 $120,000 $847,500 $221,778 $238,587 1267 $175 106
2006 49 $169,900 $1,200,000 $337,758 $353,476 1445 $234 86
The average days on the market so far this year is lower than any year since 2008 and the average sales price is up. Both of those are good indicators for the market.The average price per square foot is stable is the highest since 2008 and the average sold home size has decreased.
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For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. 

Vacation rental information is at 
http://www.ormondbeachcondorentals.com/

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