Ormond By The Sea Florida mid-year condo sales analysis 2015

Ormond By The Sea Florida mid-year condo sales analysis 2015

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
2015	53	47,500	360,000	157,656	167,025	1217	131	163
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 has been steady for a few years and values are increasing . Both of those are good indicators for the market.   The increase in days on the market (DOM) may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.
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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 in April 2013

Ormond By The Sea Florida Condos Sold in April 2013

Twelve (12) condos sold in Ormond By The Sea Florida during April, 2013 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), Two (2) of which involved a lender as a short sale or foreclosure. 
There are also eighteen (18) condos under contract pending sales closing and three (3) of those involve a lender.
  
Here is the list of the March, 2013 condo sales.
Condo                    Description       Sold Price

Winchestor Manor  2 Bedroom 1 Bath    $70,000
Kingston Shores    2 Bedroom 2 Bath    $85,000
Kingston Shores    2 Bedroom 2 Bath    $87,500
Villa Sereno           2 Bedroom 2 Bath    $110,000
Ocean House*       2 Bedroom 2 Bath    $125,000Ocean Watch         2 Bedroom 2 Bath    $125,000
Atlantic 22*           2 Bedroom 2 Bath    $146,000        
Ormond By the      2 Bedroom 2 Bath    $160,000
Sea Club  
Ormond By the      2 Bedroom 2 Bath    $170,000
Sea Club
Tiffany                  2 Bedroom 2 Bath    $228,000
Surfside Club         2 Bedroom 2 Bath    $235,000
Capriana**            2 Bedroom 2 Bath    $289,000

**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 quarterly condo sales analysis 2013 first quarter

Ormond By the Sea Florida quarterly condo sales analysis 2013 first quarter
This table shows the condos sold on Ormond By The Sea Florida for the First 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year	# Sales	Low $	High $	Average	Average ask $	Average Sq. Ft	Price/Sq. Ft. avg. $	Average DOM
2013	25	65,000	210,000	128,708	138,320	1090	118	129
2012	14	48,000	275,000	137,594	156,164	1261	109	94
2011	16	40,425	284,000	144,319	152,898	1262	114	98
2010	9	50,000	550,000	195,211	227,900	1399	139	225
2009	11	95,000	474,900	209,027	234,863	1204	173	195
2008	10	137,000	210,000	169,490	187,000	984	172	132
2007	8	130,000	345,000	257,875	273,550	1232	209	81
2006	5	150,000	350,000	255,600	274,200	1131	225	101
2005	35	128,000	409,000	236,268	244,585	1103	214	58

Sales volume is up and the average sale price is down slightly but the average price per square foot is higher than the past few years.