Ormond By The Sea Florida condos sold 2010

Ormond By The Sea Florida condos sold 2010Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 66 Ormond By The Sea, Florida condos sold in 2010.  That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005.  The highest priced condo sold was a 3-bedroom at the Capriana for $550,000 and the lowest priced was a 2-bedroom 1 bath at Ocean Shores condo for $45,251.  Lenders were involved in 11 (17%) of the 66 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels.
It is notable that there were only 12 sales of condos in buildings directly on the beach.  That is the lowest sales volume for those condos in over 10 years. 

This chart shows the Ormond By The Sea Florida condo sales by price range.

Price range in thousands $	Number of sales	Studio or 1 Bedroom	2 Bedroom	3 Bedroom	Lender involved	Directly on The beach
Under 100	17	4	13	0	5	1
100-149	28	0	27	1	3	3
150-199	12	0	12	0	1	3
200-299	5	0	2	3	1	2
300+	4	0	0	4	1	4
Totals	66	4	54	8	11	12

Ormond By The Sea Florida Homes sold in January, 2011

Ormond By The Sea Florida Homes sold in January, 2011

 Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 15 Ormond By The Sea, Florida homes sold in January, 2011.  Eight of the sales had bank involvement, either a short sale or foreclosure. Additionally, there are 39 homes under contract waiting closing and 22 of those have lender involvement. The highest priced home sold was a 2 bedroom on John Anderson  Drive for $350,000 and the lowest priced was a 2-bedroom 1 bath on River Shore Drive for $50,000.

There were 7 Ormond By The Sea Florida homes sold in January 2010 and only one of those involved the lender.

 Ormond By The Sea, Florida homes sold in January, 2011 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	6	1	5	0	0	5
100,000-149,999	3	0	2	1	0	1
150,000-249,999	5	0	1	4	0	1
250,000+	1	0	1	0	0	1
Total number	15	1	9	5	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 www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Ormond By The Sea, Florida Condos Sold January 2011

Ormond By The Sea, Florida Condos Sold January 2011

 

 Five condos sold in Ormond By The Sea, Florida during January, 2011through the Daytona Beach Area Realtors® Multiple Listing Service (MLS), one of which involved a lender.  There are also 7 condos under contract pending sales closing and 5 of those involves a lender.
Of the 91 condos actively for sale on the market, 13 involve a lender.

The high inventory of 91 Ormond By The Sea condos for sale continues to indicate a buyers market and is about 18 months of inventory if we continue to sell 5 each month. There was an average of 5.5 condos sold each month in 2010.



Regency Plaza Condo



Between 2006 and 2010 there were 4 or fewer Ormond By The Sea Florida condos sold each January. There were 2 sales in January 2010.

Here is the list of the January 2011 condo sales.



  Condo                 Description              Sold Price

Ocean Shores               2 bedroom 1 bath              $53,000 

Regency Plaza*            2 bedroom 2 bath             125,000 Lender involved.
Mariners Bay                2 bedroom 2 bath             $125,000
Ormond Breakers          2 bedroom 2 bath             $125,000

Gemini*                           3 bedroom 2 bath             $270,000

  *These Condo buildings are directly on the beach  

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 condos for sale by price range

Ormond By The Sea Florida condos for sale by price range

The chart below shows Ormond By The Sea condos for sale by price range

as of January 31, 2011

Price range in$Thousands	Number  for sale	Lender involved	Directly on the beach
Under 100	10	6	1
100-149	19	3	2
150-199	28	3	7
200-299	16	1	12
300-499	14	0	9
500+	4	0	4
Total	91	13	35

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

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale Janu

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale as of January 31, 2011

Plantation Bay homes for sale as of January 31, 2011
There are 61 Plantation Bay Golf and Country Cub in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of January 31, 2011.  An additional 6 homes are under contract awaiting closing.

Below is a chart listing the number of homes for sale by price range.

Price range	Homes
Under $150,000	2
150,000 to 199,000	6
200,000 to 249,000	16
250,000 to 299,000	11
300,000 to 399,000	9
400,000 to 799,000	14
800,000 and over	3

There are 61 Plantation Bay Golf and Country Cub homes for sale of which 6 have lender involvement.  Two of those 6 have asking prices under $150,000.  An additional 6 homes are under contract pending closing and 2 of those involve a lender as either a short sale or foreclosure.

Ocean View Realty Group adds real estate today radio to web site

Ocean View Realty Group adds real estate today radio to web site

Ocean View Realty Group in Ormond By The Sea Florida has added the  real estate today radio show to it's web site at http://www.ovrealty.com/.  The real estate today radio show is about all things real estate with award-winning broadcaster Gil Gross.  It is presented by the National Association of Realtors® and includes information about the real estate market. The show features interviews with experts and details about real estate market conditions.  Listen to the show by going to www.ovrealty.com/radio.html

Ormond By The Sea Florida homes for sale January 31, 2011

Ormond By The Sea Florida homes for sale January 31, 2011 

  Homes for sale in Ormond By The Sea Florida

There are 99 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Realtors®  Multiple Listing Service as of January 31, 2011.   An additional  40  homes are under contract awaiting closing.  As has been the case in recent months lenders are pricing their properties more aggressively to get quicker sales.  Lenders are involved in 25 of the 99 homes for sale (25%) and 22 (55%) of the 40 homes under contract. 

Asking prices for Ormond By The Sea homes currently for sale range from $60,000 to $1,995,000.




The chart below shows Ormond By The Sea Florida homes for sale by price range.

Price range in $Thousands	Number	1 Bdrm	2 Bdrm	3 Bdrm	4+ Bdrm
Under 100	7	0	7	0	0
100-149	28	0	22	6	0
150-199	21	0	7	12	2
200-299	13	0	2	8	3
300-499	13	0	0	8	5
500-999	13	0	0	11	2
Over $1 Million	4	0	0	0	4
Total number of homes	99	0	38	45	16

To view homes and condos available through Ocean View Realty Group or To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of this Ocean View Realty Group web site.