Ormond By The Sea Florida condos sold first half 2010

Through the Daytona Beach Area Realtors Multiple Listing Service (MLS) there were 30 Ormond By The Sea, Florida condos sold in January to June,  2010.  Comparing to previous years there were 22 condos sold in the first half of 2009, 19 in 2008, and 22 in the first half of 2007 so the number of sales has been relatively stable. The highest priced condo sold was a 3-bedroom at the Capriana for $550,000 and the lowest priced was a 1-bedroom 1 bath at Ocean Shores condo for $50,000.  Only 4 of the sales were foreclosures or short sales.
There remains over 3 years of inventory at the rate of selling 30 every 6 months with 109 condos currently for sale.  Anything over 6 months of inventory would indicate a buyers market.  The biggest obstacle to getting the condo market back to "normal" is the lack of readily available financing.

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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

A Tiny Cruise Line in Daytona Beach, Florida

A Tiny Cruise Line in Daytona Beach, Florida is now open 7 days weekly under new management.

A Tiny Cruise Line specializes 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 operate an 1800's style fantail launch from Halifax Harbor in Daytona Beach, Florida at 501 South Beach St. A Tiny Cruise Line operated for 18 years in the Daytona Beach Florida area.

For additional information and reservations contact Captain Jim & Kathy at A Tiny Cruise Line at (386) 226-2343 or visit http://www.visitdaytona.com/tinycruise/ 

Lobster Pit restaurant opens in Ormond By The Sea Florida

The Lobser Pit take out restaurant is now open at 1760 Ocean Shore Blvd.  in Ormond by the sea Florida.

 Enjoy the ocean view and breezes while you sample frozen treats and Maine lobster rolls at the picnic tables on the grounds.  The lobster pit is open daily from noon to wherever.

Ormond By The Sea Florida Market watch

Ocean View Realty Group has added a Market watch page to its web site for Ormond By The Sea Florida homes and condos.  Updates to the Market  Watch page will be at least monthly and will include homes and condos for sale at the end of each month as well as homes and condos sold during the previous month.  To view the new page visit the Ocean view Realty Group web site  Market watch page http://ovrealty.com/Market_Watch.html .

June, 2010 Ormond By The Sea Florida Homes sold by price range

June, 2010 Ormond By The Sea Florida Homes sold by price range

Through the Daytona Beach Area Realtors Multiple Listing Service there were 16 Ormond By The Sea, Florida homes sold in June,  2010. Eight (50%) of the sales had bank involvement, either a short sale or foreclosure. Additionally, there are 41 homes under contract waiting closing and 22 of those have lender involvement . The highest priced home sold was a 3-bedroom on River Lane for $470,000 and the lowest priced was a 3-bedroom 2 bath on Carol Road for $60,000.

The chart below shows a breakdown of the Ormond By The Sea, Florida homes sold by price range.

Price range $in thousands	Number	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	9	0	9	0	0	7
100,000-149,999	3	0	3	0	0	1
150,000-249,999	4	0	0	4	0	0
250,000+	0	0	0	0	0	0
Total number	16	0	12	4	0	8

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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Condos Sold in Ormond By The Sea, Florida Jun 2010

June 2010 Ormond By The Sea, Florida Condos Sold

Eleven condos sold in Ormond By The Sea, Florida during June 2010 through the Daytona Beach Area Realtors® Multiple Listing Service.  There are also 9 condos under contract pending sales closing.   With an inventory of 127 Ormond By The Sea condos for sale if we continued to sell eleven each month and no new condos came on the market it would take almost 12 months to sell off the inventory.  Here is the list of sales. 

    Condo                       Description                     Sold Price

Ocean Shores            2 bedroom 1 bath                $55,000

Mariners Bay             2 bedroom 2 bath                 $80,000

Kingston Shores         2 bedroom 2 bath                $90,000

Kingston Shores         2 bedroom 2 bath                $95,000

Ormond Breakers*      2 bedroom 2 bath                $118,600

Madeira Villa S           2 bedroom 2 bath                $125,000

Madeira Villa S           2 bedroom 2 bath                $127,500

Fairwind Shores          2 bedroom 2 bath                $128,500

Seabridge North         2 bedroom 2 bath                $133,000

Ocean Watch             2 bedroom 2 bath                $140,000

Sand Dunes               3 bedroom 2 bath                $143,000

Average June 2010 Ormond By The Sea Florida condo sales price $112,327.  The median sales price is $125,000.

*This sale involved a lender, either foreclosure of short sale.

 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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Ormond By The Sea Florida homes for sale June 30, 2010

Ormond By The Sea Florida homes for sale June 30, 2010

  Homes for sale in Ormond By The Sea Florida

The inventory of Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Realtors Multiple Listing Service stands at 127 as of June 30, 2010 and an additional 41 homes are under contract awaiting closing. Lenders are involved in 27 of the homes for sale(21%).  Asking price for homes currently for sale range from $63,500 to $1,799,000.


               The chart below shows the homes for sale by price range

Price range in $ Thousands	Number	1Bdrm	2Bdrm	3Bdrm	4+Bdrm
Under 100	13	0	9	3	1
100-149	33	1	24	6	2
150-199	22	1	9	12	0
200-299	21	1	0	17	3
300-499	18	0	3	9	6
500-999	15	0	0	11	4
Over $1 Million	5	0	0	1	4
Total number of homes	127	3	45	59	20

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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Ormond By The sea Florida Ocean View condo for rent by Ocean View Realty Group

OrmOrmond By The sea Florida Ocean View condo for rent by Ocean View Realty Groupond By The sea Florida Ocean View condo for rent

Ocean View condo for lease at Oceanaire Condo in Ormond By The Sea Florida.  Unfurnished second floor.  Fabulous views.  $950 monthly for a year lease. 
For additional information and photos visit http://ovrealty.com/Oceanaire_204.php

Fourth of July Independence Day Celebration

Celebrate the 4th on the banks of the Halifax River.

The free Independence Day Celebration in Ormond Beach Florida will feature Food, music, games and fireworks July 4, 2010 6PM to 10PM. Fireworks start at 9:30 PM.

The event takes place at 3 corners of the Granada Bridge: Rockefeller Gardens, Fortunato Park, and City Hall Plaza. There will be food and music on each corner. In the patriotic Kids' Corner at Fortunato Park there will be juggling, a magic show, strolling performers, arts and crafts, games, and inflatables. Uncle Sam, Ben Franklin and Abe Lincoln are expected to attend to talk with the kids.

There is a paved walkway under the east side of the Granada Bridge to allow walking from Fortunato Park to Rockefeller Gardens.

For additional information contact the city of Ormond Beach Leisure services dept. (386) 676-3241.

Oceanaire Condo for Sale in Ormond By The Sea Florida $159,900

Ormond By The Sea Florida ocean view condo For sale by Ocean View Realty Group

Oceanaire Condo in Ormond By The Sea Florida $159,900 2Bd/2Ba/$159,900. Second floor.  Storm shutters, end unit  and fabulous views of the beautiful Atlantic Ocean.  For additional information and photos visit http://ovrealty.com/Oceanaire_205.php