Wednesday, January 22, 2014

Homes sold for the year 2013

Ormond By The Sea Florida Homes sold 2013

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 218 Ormond By The Sea, Florida homes sold in 2013.  Lenders were involved in 34 of the sales, either a short sale or foreclosure. 
The highest priced home sold was a 5 bedroom 4 bath on John Anderson Dr for $1,175,000 and the lowest priced was a 2 bedroom 2 bath on Sunny Shore Dr. for $45,000.  

The number of Ormond By The Sea Florida homes sold in 2013 was much higher than the 183 sold in 2010. In 2005 there were 277 sales.  Lenders were involved in sales in all price ranges with the highest percentage of lender involvement being in the under $75,000 to $99,000 range.

If this pace of sales continues we are at 6 months of inventory which is a balanced market and we should be looking forward to the potential for values increasing or at least we seem to have hit the point where values are no longer in decline.


2013 Ormond By The Sea Florida home sales by price range.
  

 $ Price range

in thousands

Number

of sales

1 Bedroom

2 Bedroom

3 Bedroom

4 or more

Bedrooms

Lender

involved

Under 75

12

1

10

1

        0

6

75-99

34

0

28

6

0

13

100-149

81

0

54

24

3

8

150-199

48

0

18

30

0

3

200-299

24

0

2

19

3

2

300+

19

0

1

13

5

1

Totals

218

1

113

93

11

33


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