Real estate market watch for Ormond By The Sea Florida September 2012

Real estate market watch for Ormond By The Sea Florida September 2012

Ocean View Realty Group has updated the Ormond By The Sea Florida Real estatemarket watchpage on its web site to reflect September, 2012 activity.  Numbers of homes and condos for sale as of September 30, 2012  are indicated as well as the sales of Ormond By The Sea Florida homes and condos during the month of  September, 2012.
A Quarterly analysis chart of condo sales and another for home sales is available for the 3rd quarter of 2012, along with a chart comparing the volume of sales for Ormond By The Sea Florida  homes and condos in the month to sales in the same month in prior years.

A new table shows statistical information for  Ormond By The Sea Florida homes and condos sold in the first half of 2012 compared to previous years.  
As always, you can see a breakdown of condos for sale by price range or by condo name.

There is also a section with Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale by price range and home sales during the month of September 2012..

All information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).  View the updated information athttp://ovrealty.com/Market_Watch.html

For additional information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale and for rent contact Realtor® Rhonda Lehnen at Ocean View Realty Group 386-441-8245 or email to  ovforsale@aol.com . You can search the entire Daytona Beach area Multiple Listing Service (MLS)  which includes Ormond Beach and Ormond By The Sea Florida on the Ocean View Realty Group web site at http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID=FL&sRealtorID=1067885&sUserType=R&sSearchStateID=FL&sSearchSource=X

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

Unfurnished Three Bedroom Duplex For Rent in Palm Coast

Palm Coast duplex for rent

18 Pine Hurst A & B
Palm Coast FL 32164

3 Bedroom 2 Bath with a 1 car garage $750 Monthly

Available for a one year lease, this Palm Coast 3 bedroom 2 bath duplex home is convenient to the Palm Coast Towne Center, Wadsworth Elementary and Buddy Taylor Middle School. This duplex is being rented unfurnished, with central heat and air and a single car garage. Washer/Dryer hook-ups. Each suite has approximately 1230 Square feet of living area. Freshly painted and new carpet. Landlord maintains the grounds. Tenant pays all utilities.

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/.

Rhonda Lehnen is our sales specialist – ovforsale@aol.com
Deanna Thomas and Jeanne Labonte are our rental specialist – ovrentals@aol.com
Ocean View Realty Group
1350 Ocean shore Blvd. Suite A
Ormond Beach, Fl 32176
386-441-8245
Fax 386-441-2407
Toll free USA & Canada 1-800-356-3409
Vacation rental information is at www.ormondbeachcondorentals.com

Ormond By The Sea Florida Condos Sold in September 2012

Ormond By The Sea Florida Condos Sold in September 2012

Eight (8) condos sold in Ormond By The Sea, Florida during September, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), Zero (0) of which involved a lender as a short sale or foreclosure. 
There are also 19 condos under contract pending sales closing and 9 of those involve a lender.
  
Here is the list of the September, 2012 condo sales.
Condo                    Description       Sold Price
Capriana**                            3 Bedroom 3 Bath   $380,000 
Ocean House                         2 Bedroom 2 Bath $155,000
Ormond By The Sea Club**    2 Bedroom 2 Bath $185,000
Seabridge                             2 Bedroom 2 Bath  $115,000
Regency Plaza**         2 Bedroom 2 Bath   $135,000
Regency Plaza**         2 Bedroom 2 Bath   $135,000
Regency Plaza**         2 Bedroom 2 Bath   $143,500
Villa Sereno                2 Bedroom 2 Bath   $114,000  


**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.
Here is a chart of September 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 sold in September 2012

Ormond By The Sea Florida Homes sold in September 2012

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 12 Ormond By The Sea, Florida homes sold in September, 2012.  One  (2) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 34 homes under contract waiting closing and 13 of those have lender involvement. The highest priced home sold was a 4 bedroom on John Anderson Dr.  for $957,500 and the lowest priced was a 2-bedroom 1 bath on Pinta St. for $60,000.  The number of sales is one of the lowest in past years.

Ormond By The Sea, Florida homes sold in September, 2012 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	5	0	5	0	0	1
100,000-149,999	3	0	3	0	0	1
150,000-249,999	3	0	0	2	1	0
250,000+	1	0	0	0	1	0
Total number	12	0	8	2	2	2

 

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for saleand for rent call  386-441-8245 or visit the Ocean view Realty Group web site atwww.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Here is a chart showing Ormond By The Sea Florida homes sold in September comparing previous years.

Ormond By the Sea Florida quarterly condo sales analysis

Ormond By the Sea Florida quarterly condo sales analysis 2012 third quarter
This table shows the condos sold on Ormond By The Sea Florida for the Third 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year	# Sales	Low $	High $	Average	Average ask $	Average Sq. Ft	Price/Sq. Ft. avg. $	Average DOM
2012	26	$75,000	$380,000	$156,521	$170,784	1131	$138	149
2011	17	$90,000	$495,000	$180,023	$203,736	1281	$140	199
2010	15	$65,000	$530,000	$151,400	$165,520	1169	$129	107
2009	22	$59,900	$590,000	$186,863	$214,481	1166	$160	164
2008	11	$110,000	$720,000	$238,263	$262,962	1211	$196	161
2007	20	$125,000	$825,000	$292,620	$318,490	1166	$250	180
2006	15	$191,000	$410,000	$268,393	$281,440	1246	$215	103

Although the average sales price is slightly lower the average sold price per square foot has stabilized and the volume of sales is higher.

Ormond By the Sea Florida third quarter home sales analysis

Ormond By the Sea Florida third quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the third 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	42	$64,900	$957,500	$157,170	$169,080	1382	$113	89
2011	45	$63,500	$455,000	$149,193	$139,868	1374	$101	85
2010	54	$45,000	$290,000	$122,892	$136,353	1268	$96	130
2009	42	$68,000	$367,000	$1144,699	$159,804	1395	$103	125
2008	56	$72,000	$1,688,500	$233,991	$251,699	1491	$150	123
2007	32	$118,215	$1,250,000	$298,644	$323,044	1541	$193	94
2006	32	$135,000	$800,000	$264,677	$308,556	1447	$182	100

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.

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/.