July to September, 2009 Ormond By The Sea, Florida condo sales

Condo values have declined but not as drastically as the past. The 3rd quarter (July-Sept.) 2009 average condo sale price was $156,036 for a 2 bedroom 2 bath on the west side of A1A. That is $21,297 less than the 3rd quarter of 2008, which was $42,000 lower than the 3rd quarter 2007.
Volusia county property appraisal Morgan Gilreath has stated that overall property values in Volusia County, Florida are decreasing at an average rate of 2 ½% monthly. Ormond By The Sea 2 bedroom 2 bath condo on the west side of A1A year over year for the 3rd quarter have declined in value about 12%.


   July to September Ormond By The Sea, Florida condo sales

   Year     Sales      Average (2/2 West of A1A) Sale Price

   2005     26        $286,972 (13 were $290,000 or higher)           

   2006     15        $225,090 (2 sales $290,000 or higher)              

   2007     20         $213,000 ((highest $275,000; lowest $175.000

   2008     11        $177,333 (highest $197,500; lowers $154,500

   2009     22        $156,036 (decrease of $21,297 form 2008    

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 By The Sea, Florida Condo Market, October 1, 2009

For Ormond By The Sea, Florida through the Daytona Beach Area MLS the inventory of condo for sale continues to be high at 103. There are 7 condos under contract awaiting closing.
Using the 5 sales in September as the basis would mean there is over 20 months or inventory, which continues to be higher than what we would expect in a “normal” market. Generally a 6-month supply of inventory would be considered a balanced or normal market. Of the 103 condos for sale in Ormond By The Sea, Florida, 32 are on the beach or 3 bedroom units asking $250,000 or more.
Asking prices for 55 or those for sale are under $200,000 with 23 of those being $150,000 or lower. The lowest asking price is $95,000 for a Kingston Shore condo and the highest is $790,000 for a 4 bedroom at the Tiffany.

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

September 2009 Ormond By The Sea, Florida Condo sales

Five Ormond By The Sea, Florida condos sold through the Daytona Beach area multiple listing service (MLS) during September 2009. Compare that to 2 sales in 2008, 4 in 2007, 5 in 2006 and 6 in 2005. One sale was a one-bedroom foreclosure for $66,100 and one was at the direct oceanfront Capriana. Three sales were
2-bedroom 2 bath on the west side of A1A and the average sales price for those 3 was $163,300. This average is only about $10,000 less than the September 2008 average so we may be seeing a slowdown in the rate of loss of value. All 3 of the 2-bedroom condo west of A1A had sales prices within 6% or less off of the asking price so setting a price close to the market value is very important. Average time of the market for those 3 sales was 150 days. The average days on the market in 2005 were 73.

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

Demographic information for Ormond By The Sea, Florida

Demographic information for zip code 32176, which includes Ormond By The Sea and part of Ormond Beach, Florida is available at   http://zipskinny.com/index.php?zip=32176

Once you are there you can enter other zip codes of interest to view demographic information there and compare your results.

Health Care Provider Information for Volusia County Florida

Health Care Provider Information Health Care Provider information for Volusia and Flagler counties in Florida is available on the internet at http://www.lospro.com/ Most medical facilities and many more related resources are listed on the web site. If you are looking for a doctor or need a phone number for a medical facility try this site.

Daytona Beach, Florida Bike Week 2010

The 69th Bike Week in Daytona Beach, Florida is scheduled for February 26 to March 7, 2010. The official Bike Week 2010 logo was recently adopted and will be prominent on all correspondence and advertisements related to Bike Week 2010. Bike Week in Daytona Beach, Florida is one of the world’s largest motorcycle events.

Ormond Beach has some of Americas least congested roads

The national traffic scorecard in its mid-year 2009 analysis of the largest 100 census bureau metropolitan statistical area (MSA) ranked part of Volusia County number 100 for the second consecutive year. The score card assembles data from hundreds of sources to measure traffic congestion and the ranking indicates that the Deltona-Daytona Beach-Ormond Beach area has the least congested roads. Read the full story from Central Florida News 13 with links to the scorecard website. http://www.cfnews13.com/News/Local/2009/9/4/americas_least_congested_roads_are_in_central_florida.html

The Ormond scenic loop and trail

For information, a map and photos of the Ormond Beach, Florida scenic loop and trail, go to http://ormondscenicloopandtrail.com/index.html. Take a ride along canals and marshes and watch the birds, ducks and other wildlife as you drive along in your car or on your bike. View the Atlantic Ocean, the Halifax River, Parks, boating, picnic areas and lots more in addition to the beautiful natural beauty.

Ormond Beach, Florida Farmers Market

Ormond Beach, Florida is getting a new Farmers Market on October 1, 2009. The market will be open 7a.m. to 1p.m. every Thursday at Rockefeller Gardens on Halifax at Granada. A Million Dollar renovation of the Rockefeller Gardens was completed in time for the Independence Day celebration. Ormond Beach Farmers Market information is at 386-451-2138

Ormond By The sea 3 bedroom vacation rental condo $700 weekly

Fabulous ocean views from this Sunny Beach Club 3 bedroom 2 Bath 2nd floor condo in Ormond By The Sea Florida. Available now until 2-1-10 at the super special rate of $700 weekly. Special event times not included. Add 12.5% tax and $85 cleaning fee. Security deposit required. For more information and photos visit http://www.ormondbeachcondorentals.com/Sunny_Beach_Club_204.php For information on this and other Ormond Beach and Ormond By The Sea vacation Rental homes and condos contact Deanna Thomas at ovrentals@aol.com. Deanna is our reservation and Customer Service Specialist. Ocean View Condominium Rental Group, Inc. 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://www.ovrealty.com/ 1-800-356-3409 Toll free USA & Canada 1-386-441-8245 Local Phone 1-386-441-2407 Fax More Ormond by The Sea vacation rental information is at our rental web site at http://www.ormondbeachcondorentals.com/. For buying or selling Ormond By The Sea real estate contact one of our Realtors, Marion O’Connor, Rhonda Lehnen, or Shonda Stebleton at ovforsale@aol.com