January 2010 Ormond By The Sea, Florida home sales

Only one of the 7 January 2010 Ormond By The Sea, Florida homes that sold were bank owned or short sales.  There are 35 additional homes under contract awaiting closing and almost 70% of those are forclosures or short sales.  A short sale is when the lender accepts less than what is owed on the mortgage for a property.  Last January (2009) there were 5 sales, and in January 2007 & 2008 there were 10 homes sold. 

The homes sold in Ormond By The Sea, Florida in January 2010 range in price from a 2-bedroom 1-bath on Azalea Drive for $89,900 to a 4-bedroom on Sea Oats Terrace with a pool and ocean view for $450,000.  The average sales price for the 7 sales was $178,743.  The Sea Oats sale was a short sale and added $45,000 to the average sale price for the month.

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean view Realty Group web site at http://www.ovrealty.com/  where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Ormondy C-4 Condo Price Just Reduced $249,900 in Ormond By The Sea, Florida

Ormondy condo Unit 4-C is on the 4th floor and is the southwest corner of the building. Southern exposure is a much sought-after feature of vacationers. You can work on your tan on your private balcony. This Ormond By The Sea rental condo features almost 1500 sq. ft. (see floor plan) of living area in 2 bedrooms and 2 baths. Watch the sun rise over the Atlantic Ocean from your private balcony.  http://www.ormondycondo.com/
Ormondy Condo

1513 Ocean Shore Blvd.

 Ormond Beach, FL

Sq Footage 1,484
Parking 1 Car garage
HOA/Maint $410 per month

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 Mall Publix Update

The Ormond Mall Publix in Ormond By The Sea, Florida is coming along nicely, in anticipation of an early March 2010 opening. The exterior of the building looks complete and half the parking lot has been refinished. In a quick peek inside, before I was evicted, I saw the check out stations in place and the freezer aisles all ready.

It looks like Ormond by the Sea, Florida will have a big beautiful new Publix store in about a month.

January 2010 Ormond By The Sea, Florida condos sold

January 2010 Ormond By The Sea, Florida condos sold

In January 2010 through the Daytona Beach area MLS there were 2 condos that sold in Ormond By The Sea, Florida.  A 1-bedroom at Ocean Shores Condo sold for $50,000 and a 3-bedroom at Oceanaire sold for $250,000.  Since 2006 there have been 4 or fewer sales every January.  There were 13 sales in January, 2005.  There are currently 7 Ormond By The Sea condos under contract awaiting closing.  The Ocean Shores condo was a renovated 3rd floor unit that was on the market 91 days.  The Oceanaire condo was a top floor unit with a large roof deck, storm shutters and a fireplace that was on the market for 327 days.

As an example of how values have droopped in recent years, the Oceanaire 3-bedroom that sold has one other just like it that sold in 2005 for $500,000 and again in 2006 for $400,000. 

For information about Ormond By The Sea Florida homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/

A Tiny Cruise Line closes in Daytona Beach, Florida

A Tiny Cruise Line specialized in sunset cruises with the city lights glimmering on the Halifax River and mid-day cruises to watch the dolphins and other river wildlife. They operated an 1800’s style fantail launch from Halifax Harbor in Daytona Beach, Florida at 501 South Beach St. A Tiny Cruise Line ceased operations after 18 years.

The business and the boat are for sale.  For additional information contact owner Jim Linder at

(386) 226-2343

Ormond By The Sea, Florida homes market watch, February 2010

Ormond By The Sea, Florida has 124 homes for sale through the Daytona Beach area MLS.  An additional 35 homes are under contract awaiting closing and almost 70% of the 35 are short sales or forclosures.  Asking prices of the 124 homes for sale range from $74,500 to $1.7 million.  About half of the homes are priced under $200,000 and 10 are under $100,000.  About 20% of the homes are 2-bedroom 1-bath and they are priced up to $230,000.  Three bedroom homes with 2 baths account for 52 of those for sale and are priced from $75,000.

For information about Ormond By The Sea homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/

February1, 2010 Ormond By The Sea, Florida condo market

There are 88 condos for sale in Ormond By The Sea, Florida through the Daytona Beach area MLS as of February 1, 2010.  Directly on the ocean within the Ormond Beach city limits (from Ormond By The Sea to Granada Blvd.) there are 7 condos for sale and that number is not included in the 88 Ormond By The Sea total.  The average time on the market for the 7 Ormond Beach condos is 304 days and the average asking price is $268,814.
Asking price for the 8 Ormond By The Sea, Florida condos for sale range from $87,500 at the Winchester Manor to $750,000 for a 4-bedroom at the Tiffany.  Forty-seven of the 88 have asking prices of $200.000 or less.
Asking prices for 2-bedroom 2-bath condos on the west side of A1A range from $114,900 to $249,900 and both happen to be Kingston Shores units.  The average asking price is $170,622 for the 2/2 on the west side of A1A in Ormond By The Sea, Florida.
For information about Ormond By The Sea homes and condos for sale and for rent and to search the Daytona Beach area multiple listing service (MLS) visit the Ocean View Realty Group web site at http://www.ovrealty.com/

Real Estate Today Radio is now on Ocean View Realty Group web log

Real Estate Today Radio is now on Ocean View Realty Group web log
The Real Estate Today Radio Web player has been added to this Ocean View Realty Group Real Estate web log ( http://ormondbytheseaproperties.blogspot.com/ ) and can be found on the left of the screen. Just click on the blue button and listen to professionally produced real estate related programming. Real Estate Today Radio, presented by the National Association of Realtors, includes real estate news, interviews and reports on buying, selling, and owning a home. The radio program is updated every week to provide timely real estate information to buyers, sellers and owners.

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

Continuing Education available for Florida Real Estate Brokers and Associates

Continuing Education available for Florida Real Estate Brokers and Associates
14 Hours Continuing Education VIA Correspondence $19.95 Pick up course material at:

Ocean View Realty / A1A School of Real Estate
1350 Ocean Shore Blvd. Suite A
Ormond By The Sea, Fl 32176
(386) 441-8245

- Complete the course at your own pace.
- You must complete your 14 hours of continuing education before you send your payment requesting license renewal.
- Return your completed answer sheet to be graded and pick up your certificate of completion.
- That’s it! $19.95
- This course is approved by FREC for 14 hours of Real Estate Continuing Education credit. This course also fulfills the 3-hour Core Law requirement for license renewal.
- $19.95
Same text (Edward J. O’Donnell) as other schools
$19.95 Complete Price
Or you can mail us check for $24.95 and we will mail the course to you and mail your original certificate upon completion.

DO NOT WAIT UNTIL THE LAST MINUTE! Visit the Ocean View Realty Group web site http://www.ovrealty.com/A_1_A_School_of_Real_Estate.html




Call 386-441-8245

Ten year Ormond By The Sea Florida Condo sales analysis chart by Ocean View Realty Group

Ocean View Realty Group compiled this analysis of Ormond By The Sea Condo sales through the Daytona Beach Area Association of Realtors Multiple Listing Service for the 10 year period of 2000 to 2009. This is the decade in review. Ormond By The Sea Florida Condo sales statistics for the past decade.

Three new condominium buildings opened in the decade, Barrier Island at 3000 Ocean Shore Blvd. opened in 2000, the Ocean Shore Condo at 1075 Ocean Shore Blvd. opened in 2002, and the Capriana at 1425 Ocean Shore Blvd opened in 2006.

If average sales prices increased 5% each year from 2000 to 2009 the average sale price in 2009 would be $152,409 for a 2 bedroom 2 bath condo on the west side of A1A in Ormond By The Sea, Florida. Take a peek at the 10 year chart below to get the real picture of the rising and falling sales price average going from $93,566 in 2000 to $156,785 in 2009.

* These are 2 Bedroom 2 Bath condo units in Ormond By The Sea Florida on the west side of A1A

Year	Total Sales	Lowest$ sale price	Highest$ sale price	2/2*	2/2 Average$*	2/2 Low $*	2/2 High $*	Directly on the beach
2000	77	44,000	264,000	45	93,566	47,000	129,000	21
2001	87	49,250	270,000	55	106,836	66,000	160,000	21
2002	117	55,000	339,000	69	124,644	63,000	189,900	27
2003	109	64,500	350,000	59	149,076	92,600	190,000	44
2004	84	78,000	599,000	41	198,227	125,000	255,000	29
2005	111	128,000	840,000	74	263,326	137,500	335,000	23
2006	43	117,000	810,000	24	250,954	130,000	346,000	13
2007	50	110,000	830,000	28	218,636	110,000	300,000	16
2008	41	110,000	720,000	25	178,396	150,000	200,000	14
2009	59	50,000	595,000	34	156,785	104,900	200,000	18