Ormond By The Sea, Florida Condos Sold June, 2011

Ormond By The Sea, Florida Condos Sold June, 2011

 Seven condos sold in Ormond By The Sea, Florida during June, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), two of which involved a lender.  That number is higher than the 2010 average of 5.5 sales each month but lower than last month's 13 sales.  June, 2011 had 7 sales which is the highest volume of sales in the month of June since the 17 sales in June, 2005.   
There are also 9 condos under contract pending sales closing and 5 of those involves a lender.
Everyone is hopeful that the sales volume will continue although 5 of the sales were for under $100,000 and only 2 were for over $150,000.

There are condos that have been foreclosed on by lenders that have not yet hit the market.

Here is the list of the June, 2011 condo sales.   Note the condo sales are listed by low sales price to high sales price.
Condo           Description              Sold Price

Kingston Shores 2 bedroom 2 bath $85,000

Corinthian 2 bedroom 1 bath $92,000
Ormond Breakers 2 bedroom 2 bath $94,000**
Sand Dunes 3 bedroom 2 bath $113,000**
Seascape 2 bedroom 2 bath $135,000
Aquarius* 2 bedroom 2 bath $182,500
Capriana* 3 bedroom 3 bath $480,000

  *These Condo buildings are directly on the beach
 ** these sales involved a lender as a short sale or foreclosure.
. 

Ormond By The Sea, Florida Condos for sale as of March 31, 2011

Ormond By The Sea, Florida Condos
for sale as of March 31, 2011 

As of March 31, 2011 we have 82 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS).  There are 55 priced under $200,000 and 5 of those are under $100,000. Additionally, there are 15 condos under contract pending closing of which 8 involve the lender.  There are 6 of the 85 condos for sale involving a lender , either short sales or foreclosures. 

  Many owners have turned to rentals or have decided to wait until the market improves to put their condo back on the market. 

 Below is a table breaking down the inventory by condominium name.

Condo name	For Sale	Lowest $	Highest $	Year Built	Directly On The Beach
Aquarius	8	182,500	289,000	1973	Yes
Atlantic 22	1	169,000	169,900	1990	No
Barrier Island	2	199,500	390,000	2000	No
Capriana	8	349,000	590,000	2006	Yes
Corinthian	1	111,000	111,000	1974	No
Court of Palms	0	0	0	1968	No
Fairwind Shores	2	174,900	219,000	83-87	No
Gemini	3	395,000	459,000	1984	Yes
Kingston Shores	8	59,900	219,900	1973	No
Las Olas	1	399,900	399,900	1997	No
Leeward Winds	2	175,000	194,500	1990	No
Madeira Villa N,C and South	1	139,000	139,900	71-72	No
Ocean Dunes	2	150,000	175,000	1978	No
Ocean House	3	156,000	169,900	83-85	No
Ocean Shores	1	49,900	49,900	1973	No
Ocean Watch	0	0	0	1986	No
Oceanaire	0	0	0	1984	No
Oceanside	0	0	0	1973	No
Ormond Breakers	2	129,900	170,000	1974	No
Ormond By The Sea Club	1	215,900	215,900	1972	Yes
Ormondy	0	0	0	1986	Yes
Regency Plaza	6	135,000	206,000	1974	Yes
Sand Dunes	1	139,900	139,900	1985	No
Sands Point	2	99,000	279,900	1971	Yes
Seabridge	4	139,000	199,000	1991	No
Seabridge North	6	129,000	199,000	1994	No
Seascape	2	145,000	179,900	1983	No
Spinnaker	0	0	0	1987	No
Shoreham	0	0	0	1972	Yes
Starboard Light	0	0	0	1981	No
Sunny Beach Club	0	0	0	1990	No
Sunrise	2	159,000	185,900	1986	No
Surfside Club	3	175,000	194,900	1971	Yes
Tiffany	4	229,000	699,000	1991	Yes
Villa Sereno	2	112,500	135,900	1973	No
Winchester Manor	1	99,950	99,950	1974	No
Windemere Shores	0	0	0	1973	No

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 web site.