Ormond By The Sea Florida mid-year Home sales analysis

Ormond By The Sea Florida mid-year Home sales analysis

This table shows the homes 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 ask	Average sold	Avg SQ. FT	sq. Ft avg $	Avg DOM
2013	106	44,700	1,599,000	188,079	171,604	1386	124	123
2012	98	37,000	395,000	170,357	159,588	1489	107	78
2011	94	50,000	895,500	159,091	146,152	1463	100	104
2010	85	60,000	565,000	157,035	143,881	1380	104	115
2009	61	64,900	475,000	145,467	132,881	1217	109	94
2008	71	74,000	500,000	192,072	175,221	1279	123	84
2007	53	120,000	1,185,000	257,157	239,760	1256	191	103
2006	71	15,5000	1,200,000	337,277	321,657	1390	231	86
2005	161	150,000	1,050,000	291,034	279,467	1455	192	59
2004	126	100,000	930,000	220,071	212,248	1402	151	48
2003	123	79,000	690,000	181,551	171,966	1414	122	64
2002	134	54,000	625,000	142,313	135,149	1375	98	52
2001	121	53,000	585,000	118,595	113,249	1470	77	52

 Sales prices are up a little and the price per square foot is also up.  Average days on the market is higher and that may be a reflection of the market activity where homes that have been on the market longer are also selling.

Ormond By The Sea Florida Homes sold in April 2013

Ormond By The Sea Florida Homes sold in April 2013

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 18 Ormond By The Sea, Florida homes sold in April, 2013.  Two  (2) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 36 homes under contract waiting closing and 10 of those have lender involvement. The highest priced home sold was a 5 bedroom 4 bath on John Anderson Dr.  for $1,175,000 and the lowest priced was a 2-bedroom 1 bath on Carol Rd. for $70,000. 

Ormond By The Sea, Florida homes sold in April, 2013 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	7	0	6	1	0	1
100,000-149,999	5	0	5	0	0	1
150,000-249,999	3	0	0	3	0	0
250,000+	3	0	0	2	1	0
Total number	18	0	11	6	1	2

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for saleand for rent call 386-441-8245 or visit the Ocean view Realty Group web site atwww.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Here is a chart showing Ormond By The Sea Florida homes sold in April comparing previous years.

Ormond By The Sea Florida Homes sold 2012

Ormond By The Sea Florida Homes sold 2012

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 184 Ormond By The Sea, Florida homes sold in 2012.  Lenders were involved in 42 of the sales, either a short sale or foreclosure. 
The highest priced home sold was a 4 bedroom on John Anderson Dr for $957,500 and the lowest priced was a 2 bedroom 2 bath on Holland Dr.   for $45,100.  

The number of Ormond By The Sea Florida homes sold in 2012 was slightly higher than the 183 sold in 2010. In 2005 there were 277 sales.  Lenders were involved in sales in all price ranges with the highest percentage of lender involvement being in the under $100,000 range.

If this pace of sales continues we are at 6 months of inventory which is a balanced market and we should be looking forward to the potential for values increasing or at least we seem to have hit the point where values are no longer in decline.

2011 Ormond By The Sea Florida home sales by price range.  

$ Price range in thousands	Number of sales	1 Bedroom	2 Bedroom	3 Bedroom	4 or more Bedrooms	Lender involved
Under 75	15	0	15	0	0	8
75-99	30	1	28	1	0	13
100-149	71	0	47	22	2	15
150-199	37	0	8	26	3	2
200-299	19	0	0	14	5	3
300+	12	0	1	5	6	1
Totals	184	1	99	68	16	41