Wednesday, June 26, 2013

Ormond By The Sea Florida homes for sale as of May 31 2013

Ormond By The Sea Florida homes for sale as of

May 31 2013   Homes for sale in Ormond By The Sea Florida

There are 78 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of May 31, 2013.     An additional  40 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 9 of the 78 homes for sale  but 12, almost half, of the 40 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $89,900 to $1,290,000.
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.  

  At the beginning of 2012 there were 25 Ormond By The Sea homes under contract and now there are 36, which is another good indicator for the health of the market.
At the beginning of this year there were 91 Ormond By The Sea Florida homes for sale so the inventory has been reduced which will help strengthen the market.

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
3
0
2
1
0
2
100-149
21
0
12
9
0
3
150-199
13
0
8
5
0
2
200-299
12
0
1
8
3
1
300-499
13
0
2
7
4
0
500-999
11
0
5
5
6
1
Over $1 Million
5
0
1
2
2
 0
Total number of homes
74
0
25
36
12
8
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 andOrmond By The Sea Florida go to the sales page of this Ocean View Realty Group web site. 

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