Ormond By The Sea Florida Condos Sold in February 2015

Ormond By The Sea Florida Condos Sold in
February 2015

Eight (8) condos sold in Ormond By The Sea Florida during February 2015 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 three (3) condos under contract pending sales closing and none of those involve a lender.

  
Here is the list of the February, 2015 condo sales.Condo                             Description                 Sold Price
Ocean Shore Condo              2bd/1ba                           $68,000
Corinthian Villa                     2bd/2ba                           $95,000*
Seabridge South                  2bd/2ba                           $160,000
Gemini**                            3bd/2ba                            $192,500
Surfside South**                2bd/2ba                            $248,000
Gemini**                            3bd/2ba                            $295,000
Capriana**                         3bd/3ba                            $365,000
Gemini**                            3bd/2ba                            $350,000
**These Condo buildings are directly on the beach
* These sales involved a lender as a short sale or foreclosure.

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 

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.

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
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.

Ormond By The Sea Florida Condos Sold in May 2013

Ormond By The Sea Florida Condos Sold in May 2013

Five (5) condos sold in Ormond By The Sea Florida during May, 2013 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), Zero (0) of which involved a lender as a short sale or foreclosure. 
There are also fourteen (14) condos under contract pending sales closing and five (5) of those involve a lender.
  
Here is the list of the May, 2013 condo sales.
Condo                    Description       Sold Price

Mariners Bay           2 Bedroom 2 Bath    $128,000
Ocean House           2 Bedroom 2 Bath    $150,000
Ocean House           2 Bedroom 2 Bath    $158,000
Surfside Club**       2 Bedroom 2 Bath    $195,000
Regency Plaza**      2 Bedroom 2 Bath    $212,000


**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 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 2012

Ormond By The Sea Florida condos sold 2012Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 79Ormond By The Sea, Florida condos sold in 2012.  That total matches the 2011 condo sales which was 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 Gemini for $350,000 and the lowest priced was a 1-bedroom 1 bath at Ocean Shore for $37,000.  Lenders were involved in 13 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.  

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	11	1	10	0	5	1
100-149	36	1	35	0	4	6
150-199	18	0	17	1	1	8
200-299	11	0	9	2	1	10
300+	3	0	0	3	0	3
Totals	79	2	71	6	11	28