Ormond By The Sea Florida Fourth Quarter Condo Sales Analysis 2016

Ormond By The Sea Florida Fourth Quarter Condo Sales Analysis 2016

This table shows the condos sold on Ormond By The Sea Florida for the last 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS). The price per square foot has steadily increased since 2010. This graphic compares the number of sales to previous years.

Year	#Sales	Low $ sold	High $ sold	Average $ sold	Average ask $	Average Sq. ft.	$/sq. ft.	Avg
								DOM
2016	31	84,000	495,000	224,794	229,342	1506	149	138
2015	37	115,900	475,000	200,091	210,203	1256	172	121
2014	38	102,500	335,000	190,513	164,850	1270	150	104
2013	30	80,000	365,000	181,341	191,520	1196	152	139
2012	26	75,000	380,000	156,521	170,784	1131	138	149
2011	17	85,600	495,000	180,024	203,737	1354	133	199
2010	15	65,000	530,000	151,400	165,520	1169	130	108
2009	22	59,900	595,000	186,864	214,481	1167	160	164
2008	11	110,000	720,000	238,264	262,963	1212	197	162
2007	20	125,000	825,000	292,620	318,490	1167	251	180
2006	15	191,000	410,000	263,393	281,440	1246	215	103

Ormond By The Sea Florida Homes Sold - December 2016

Ormond By The Sea Florida Homes Sold - December 2016

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 14 Ormond By The Sea Florida homes sold in December 2016, one of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 0 homes under contract waiting closing and none of those have lender involvement. The highest priced home sold was a 4 bedroom on River Lane for $617,000 and the lowest priced was a 2 bedroom on Palmetto Drive  for $112,000.  

Ormond By The Sea Florida homes sold in December 2016 by price range.

Price range $in thousands	Number sold	1 Bdrm	2 Bdrm	3 Bdrm	4+Bdrm	Lender involved
Under $100,000	0	0	0	0	0	0
100,000-199,999	5	0	4	1	0	0
200,000-299,999	4	0	2	2	0	0
300,000+	5	0	0	4	1	1
Total number	14	0	6	7	1	1

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 website at www.ovrealty.com where you can also search the Daytona Beach Area Multiple Listing Service (MLS) anonymously

Ormond By The Sea Florida Condos Sold December 2016

Ormond By The Sea Florida Condos Sold December 2016

Six condos sold in Ormond By The Sea Florida during December 2016 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), none of which involved a lender as a short sale or foreclosure. There is one under contract pending sales closing and none of these involve a lender.

Here is the list of the December 2016 Ormond By The Sea condo sales.

Condo Building	Sales	Low Price	High Price	On Beach	Bank
Capriana	1	495,000	495,000	Yes	0
Ormondy	1	245,000	245,000	Yes	0
Sand Point	1	125,000	125,000	Yes	0
Spinnaker	1	120,000	120,000	No	0
Sunny Beach Club	1	172,00	172,000	No	0
Windemere Shores	1	188,000	188,000	No	0

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 website at www.ovrealty.com where you can also search the Daytona Beach Area Multiple Listing Service (MLS) anonymously.If you are thinking of selling 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 or home. Email Rhonda atovforsale@aol.com.

Ormond By The Sea Florida Homes For Sale December 31, 2016

Ormond By The Sea Florida Homes For Sale December 31, 2016
Homes for sale in Ormond By The Sea Florida

There are 64 homes for sale in Ormond By The Sea Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of December 31, 2016, 7 less than the end of last month. An additional 14 homes are under contract awaiting closing and lenders are involved in 3 of these either as a short sale or foreclosure. Lenders are involved in 0 of the 64 homes for sale . Asking prices for Ormond By The Sea homes currently for sale range from $147,500 to $2,499,000.

The inventory of Ormond By The Sea Florida homes for sale has stabilized, which is a good indicator that the market is 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 last year there were 85 Ormond By The Sea Florida homes for sale so the inventory has decreased since then and is remaining low.

This chart shows Ormond By The Sea Florida homes for sale by price range as of December 31, 2016

Price range in $Thousands	Number	1 Bdrm	2 Bdrm	3 Bdrm	4+ Bdrm	Bank
Under 150	1	0	1	0	0	0
150-199	11	0	8	3	0	0
200-299	18	1	3	12	2	0
300-499	8	0	0	7	1	0
500-999	21	1	2	7	11	0
Over $1 Million	5	0	0	1	4	0
Total number of homes	64	2	14	30	18	0

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 and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group website.

Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond By The Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com.