Ormond By The Sea Florida Condos Sold in January 2013

Ormond By The Sea Florida Condos Sold in January 2013

Four (4) condos sold in Ormond By The Sea Florida during January, 2013 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one (1) of which involved a lender as a short sale or foreclosure. 
There are also nineteen (19) condos under contract pending sales closing and eight (8) of those involve a lender.
  
Here is the list of the January, 2013 condo sales.
Condo                    Description       Sold Price
 
Ormond Breakers      2 Bedroom 2 Bath   $95,000
Ormond Breakers      2 Bedroom 2 Bath   $142,000
Regency Plaza***      2 Bedroom 2 Bath   $139,000
Starboard Light        2 Bedroom 2 Bath    $134,900

**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.
Here is a chart of January Ormond By The Sea condo sales showing how 2013 compares to previous years.

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 web site 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 in April 2012

Ormond By The Sea, Florida Condos Sold in April, 2012

Ten condos sold in Ormond By The Sea, Florida during April, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure. 
There are also 21 condos under contract pending sales closing and 9 of those involve a lender.
  
Here is the list of the April, 2012 condo sales.
Condo                    Description       Sold Price
Kingston Shores*       2 Bedroom 2 Bath    $77,000 Maderia Villa North*      2 Bedroom 2 Bath      $109,000
Regency Plaza**           2 Bedroom 2 Bath     $170,000                                                                Fairwind Shores           2 Bedroom 2Bath       $164,900
Windemere Shore          2 Bedroom 2 Bath     $148,000
Surfside Club**             2 Bedroom 2 Bath     $ 173,500
Surfside Club**             2 Bedroom 2 Bath    $189,000
Seascape                      2 Bedroom 2 Bath      $151,000Ocean Dunes                 2 Bedroom 2 Bath      $120,000
Aquarius**                    2 Bedroom 2 Bath      $172,500

**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.
Here is a chart of April Ormond By The Sea condo sales showing how 2012 compares to previous years.

Ormond By The Sea, Florida Condos Sold in February 2012

Ormond By The Sea, Florida Condos Sold in February, 2012

Four condos sold in Ormond By The Sea, Florida during February, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), two of which involved a lender as a short sale or foreclosure.
There are also 17 condos under contract pending sales closing and 9 of those involve a lender.


Here is the list of the February, 2012 condo sales.
Condo Description Sold Price Seabridge North* 2 Bedroom 2 Bath $ 104,000Madeira Villa North 2 Bedroom 2 Bath $ 106,000
Regency Plaza** 2 Bedroom 2 Bath $ 129,920
Fairwind Shores* 2 Bedroom 2 Bath $ 140,000

**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 sold 2011

Ormond By The Sea Florida condos sold 2011
Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 79 Ormond By The Sea, Florida condos sold in 2011. That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005. The highest priced condo sold was a 3-bedroom at the Capriana for $495,000 and the lowest priced was a 2-bedroom 1 bath at Winchester Manor for $40,425. Lenders were involved in 20 (26%) of the 79 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels and appear to be holding relatively steady. The average number of sales monthly in 2010 was 5.5 and the 2011 average was 6.6 indicating a big jump toward making the market more stable and balanced.

Ormond By The Sea Florida condo sales by price range.

Price range in thousands $	Number of sales	Studio or 1 Bedroom	2 Bedroom	3 Bedroom	Lender involved	Directly on The beach
Under 100	17	0	17	0	6	0
100-149	31	2	27	2	7	4
150-199	19	1	18	0	6	14
200-299	9	0	4	5	1	8
300+	3	0	0	3	0	3
Totals	79	3	66	10	20	29

Ormond By The Sea, Florida Condos Sold in November, 2011

Ormond By The Sea, Florida Condos Sold in November, 2011

Two condos sold in Ormond By The Sea, Florida during November, 2011
through the Daytona Beach Area Association of Realtors® Multiple
Listing Service (MLS), one of which involved a lender as a short sale
or foreclosure.
There are also 12 condos under contract pending sales closing and 8 of
those involve a lender.
The 2 sales is lower than the 2010 monthly average of 5.5 sales andless
than any November since 2005 and 2006 when there were also 2 condo
sales. Although there were only 2 sales this November, it is usually a
slow month. Indeed, year to date there have already been more Ormond By
The Sea condos sold than in any other year since 2005 where 110 condo
were sold during that year.

Here is the list of the November, 2011 condo sales.
Condo Description Sold Price
Ocean House* 1 bedroom 2 bath $115,000
Ormondy** 3 bedroom 2 bath $250,000

**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 Sold in September, 2011

Ormond By The Sea, Florida Condos Sold in September, 2011 

Six condos sold in Ormond By The Sea, Florida during September, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure.
There are also 16 condos under contract pending sales closing and 8 of those involve a lender.
The six sales is higher than the 2010 monthly average of 5.5 sales and one less than the September 2010 total of 7 sales. The six sales also compares favorably to the number of sales in recent years. There were six Ormond By The Sea condos sold in September 2005 and 5 or fewer in every September since 2006.

Here is the list of the September, 2011 condo sales.

Condo Description Sold Price

Ormond Breakers 2 bedroom 2 bath $99,000
Sunrise 2 bedroom 2 bath $122,000
Ormond Breakers 2 bedroom 2 bath $137,000
Surfside Club** 2 bedroom 2 bath $160,000*
Seabridge North 2 bedroom 2 bath $155,000Surfside Club** 2 bedroom 2 bath $216,000

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

There are many reasons why there are wide variations in sales prices within the same condo building. Some of the factors include:
1. Condo units on the first floor are always more difficult to sell and usually command a lower price. Everybody wants a better view and more security.
2. The condition of the unit is important especially if there have been updates and if hurricane shutters have been added.
3. End units and those that directly face the ocean usually bring a higher price.
4. Bank owned units are generally less desirable and bring lower prices.
..