Ormond By The Sea Florida mid year condo sales analysis

Ormond By The Sea Florida mid-year condo sales analysis

This table shows the condos 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 sold $	Average ask $	Average Sq. Ft	sq. Ft. avg $	Avg DOM
2014	54	37,500	322,725	152,806	161,269	1203	127	106
2013	55	65,000	390,000	154,222	167,058	1236	125	122
2012	39	37,000	395,000	136,588	148,156	1208	113	108
2011	17	40,425	284,000	$144,320	152,898	1260	121	94
2010	10	50,000	550,000	195,211	227,900	1399	139	226
2009	12	95,000	474,900	209,027	234,864	1204	174	196
2008	11	137,000	210,000	169,490	187,000	985	172	133
2007	8	130,000	345,000	257,875	273,550	1233	209	81
2006	5	150,000	350,000	255,600	274,200	1131	226	101

The volume of sales is up and values are increasing . Both of those are good indicators for the market. The increase in days on the market may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.