Daytona Beach Area Real Estate Market

Realtor sale of single family homes through the Daytona Beach area MLS were up 13% in December 2008 compared to December 2007, but the median price came down 22%. For the same comparison, condo sales were down 10% and median prices were down 35%. Statewide values were down 32%. Comparing 2008 sales to 2007 sales for Florida, the overall average of single family home sales was down 4% and values decreased 20%. The Daytona Beach area including Ormond By The Sea, residential sales were down 9% with a 16% drop in sales prices. For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Corinthian Villa Condo for sale in Ormond By The Sea Florida

Corinthian Villa Condo unit 104 in Ormond By The Sea Florida $149,900

Meticulously maintained first floor condo with ocean view. Spacious 2 bedroom 2 bath unit with ceramic tile entry & kitchen. Berber carpet in the living areas. Beautifully furnished and decorated to show like a model. Furnishings are included in the sale except for some items of personal property. Beautifully updated and modernized kitchen with lighted dome ceiling and lots of cabinet space. This Condo unit has a unique feature – outside light! In addition to your entry door and sliding door on the east wall, you also have windows on the north and west walls. Moreover, there is a walkway to the south of the unit so you have no common walls beside another unit. Ceramic tile patio off your slider, conveniently located reserved parking space. Two walk-in closets and a medicine cabinet in each bathroom. Both bathrooms have beautiful vanities. Lots of additional storage space in the large closet in the entry foyer. Built in microwave and side by side refrigerator with built in wine chiller. $149,900. This is a fabulous condo for this price.

Visit the sales page of the Ocean View realty group web site for more photos of this Ormond By The Sea condo for sale and other homes and condos for sale.

http://www.ovrealty.com/Ormond_Beach_sales.php

For information about Ormond Beach and Ormond By the Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409

Vacation rental information is at http://www.ormondbeachcondorentals.com/

February 2009 Ormond By the Sea Condo Market

There are currently 106 Condos For Sale in Ormond By The Sea. More Sellars are realizing and understanding that values are coming down as reflected by the asking prices. Twenty percent of the condos For Sale (22) are asking $170,000 or less. Almost half (51) are asking $200,000 or less. Only 8 Condos are priced from $300,000 to $399,000. In 2006 sale prices for 2 bedroom Condos on the west side of A1A ranged from $265,000 to $346,000. Only 3 Sellars of those Ocean View Units continue to ask more than $265,000. Everything else in that price range and above is 3 bedroom on direct ocean front. We can only hope that your tax bells are reflecting the reductions in property values.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

January 2009 Ormond By The Sea Condo Sales

Realtors sold three Condos in Ormond By The Sea in January 2009 through the Daytona Beach Area Multiple Listing Service (MLS). All 3 sales were in direct oceanfront buildings. A one bedroom at Sands Point was sold by Marion O'Connor of Ocean View Realty Group for $95,000. A studio at Aquarius Condo sold for $116,900 and a 2 bedroom, 2 bath at Seawinds sold for $257,000. There were also 3 sales in January 2008 and January 2007. If we look back to January 2005 there were 13 sales. Except for two units, all of the 2005 sales were within 2 months of listing. The shortest time for a January 2008 Condo sale was almost 6 months from listing.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

Great Time To Buy Ormond By The Sea Florida Real Estate

Many Ormond By The Sea Florida Homes & Condos are For Sale and ready for a new owner. Mortgage interest rates are low and prices are low providing a great opportunity for anyone in a position to buy now. Usually when rates are low, prices are high or the opposite is true. Prices for a 2 bedroom, 2 bath Ocean View Condo in Ormond By The Sea Florida are back in the pre-2005 range and mortgage interest rates are the lowest sine the 1970's.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

2008 Ormond By The Sea Condo Market

Happy New Year!

There are currently 102 Condos for sale in Ormond By the Sea, Florida at the end of 2008. Additionally, there are 5 condos under contract pending closing. Asking prices range from $99,000 for a 2 bedroom at Winchester Manor (next to Publix) to $799,000 for a 3 bedroom, 3.5 bath Penthouse at the Aquarius. Thirteen of the units for sale are 3 + bedrooms with asking prices of $200,000 to $799,000. there are 38 - 2 bedroom condos priced under $200,000. The lowest priced 2 bedroom 2 bath is $104,900 at the Spinnaker.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

2008 Ormond by the Sea Condo Sales

Realtors sold 41 Ormond By The Sea condos through the Daytona Beach Area Association of Realtors Multiple Listing Service (MLS) in 2008. the highest price paid for a 2 bedroom, 2 bath Ocean View Condo on the west side of A1A was $200,000, which is $100,000 LESS than the highest price paid in 2007. the average price paid for a 2 bedroom, 2 bath Condo in Ormond By the Sea was $178,396 compared to $218,636 in 2007. For information about Homes & Condos For Sale and for Lease at Ocean View Realty Group visit our web site at http://www.ovrealty.com/ where you can also search the Daytona Beach Area Multiple Listing Service (MLS) without any sign-in or cost or obligation.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

Daytona Beach Ocean Center expansion update

The newly expanded Ocean Center in Daytona Beach Florida, Volusia County's premier convention facility, will host its first convention that will utilize the entire facility on beginning January 28, 2009. An Official grand opening will be held on February 22, 2009 from 1-5 PM. This will be a public open house featuring free refreshments and information about the facility.

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor at ovforsale@aol.com

Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com www.ovrealty.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

Ormond By the Sea Florida Condo Sales For November 2008

Five of the Six Ormond By The Sea Condos reported as sold in the Daytona Beach Florida Area Multiple Listing Service (MLS) were 2 bedrooms, 2 bath units on the west side of A1A. Sale prices ranged from $150,000 to $200,000. With the average price being $183,500. All of the sold Condo units were above the first floor and had a view of the Atlantic Ocean. Last year (2007) there were 2 similar Condos sold and the average sale price for those was $207,250. So prices have continued to slide, going down about another 11.5% year to year.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com

Ormond Beach Homes & Condos For Sale in MLS

Searching the Daytona Beach Florida area Multiple Listing Service (MLS) is easy and you can remain anonymous if you go through the Ocean View Realty Group Web Site at http://www.ovrealty.com/ . Here is a direct link to the MLS search http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID=FL&sRealtorID=1067885&sUserType=R&sSearchStateID=FL&sSearchSource=X This search is through Realtor.com which updates daily from the Daytona Beach Florida MLS Database.

Ocean View Realty Group

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com Toll free--USA and Canada 1-800-356-3409 Phone 386-441-8245 fax 386-441-2407 mail to:ovrealty@aol.com