Ormond By The Sea Florida Homes sold in August, 2011

Ormond By The Sea Florida Homes sold in August, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 12 Ormond By The Sea, Florida homes sold in August, 2011. Three (3) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 35 homes under contract waiting closing and 18 of those have lender involvement. The highest priced home sold was a 3 bedroom on River Lane for $484,900 and the lowest priced was a 2-bedroom 1 bath on Hibiscus Drive for $65,000.
Comparing to last year, there were 16 Ormond By The Sea Florida homes sold in August, 2010 and 7 of those involved the lender, either a short sale or foreclosure. There were 6 homes sold in August 2009.
The high number of homes under contract (35) and the reduction in the inventory ( 98 homes for sale) are both good signs that the market may be getting stronger.
Ormond By The Sea, Florida homes sold in August, 2011 by price range.

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

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 in August, 2011

Ormond By The Sea, Florida Condos Sold in August, 2011 

Six condos sold in Ormond By The Sea, Florida during August, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure.
There are also 16 condos under contract pending sales closing and 5 of those involve a lender.
The six sales is higher than the 2010 monthly average of 5.5 sales and higher than the August 2010 total of 4 sales. the six sales also compares favorably to the number of sales in recent years. There were six Ormond By The Sea condos sold in August 2009 and 5 in August 2010.

The 6 sales is higher than last August when there were 2 sales.

Here is the list of the August, 2011 condo sales.

Condo Description Sold Price

Sand Dunes 3 bedroom 2 bath $108,000
Ormond Breakers 2 bedroom 2 bath $135,000
Ormond Breakers 2 bedroom 2 bath $145,000
Aquarius** 1 bedroom 2 bath $158,900*
Capriana** 3 bedroom 3 bath $420,000Capriana** 3 bedroom 3 bath $495,000

**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

Storage for Rent in Ormond By The Sea, Florida

Storage for Rent in Ormond By The Sea, Florida



Storage for Rent in Ormond By The Sea, Florida

 A storage unit has become available through Ocean View Realty Group in Ormond By The Sea, Florida. Units are for storage only.

On Easterly Drive, one block west of Ocean Shore Blvd unit 4D is available for $90 monthly plus tax. This unit is 7X16 with 11' ceiling. Entry is through a 3' door. This unit is dehumidified. The storage units are at the back of and under the strip mall at 1350 Ocean Shore Blvd, rmond Beach Florida 32176.

Chillin' Out On The Beach Has Closed

Chillin' Out On The Beach Restaurant in Ormond By The Sea Florida Has Closed

       

The Chillin' Out On The Beach Restaurant in Ormond  By The Sea at 2986 Ocean Shore Blvd. has closed.  There is an "available" sign on the building and the restaurant signs have been removed.   This appears to be another victim of the difficult economic times we are facing.

Florida’s condo Market for July 2011

According to figures released recently by the Florida Association of Realtors® forJuly 2011, in Florida's year-to-year comparison for condos, 6,619 condos sold statewide last month compared to 5,904 in July 2010 for an increase of 12 percent. The statewide existing condo median sales price last month was $90,900; in July 2010 it was $87,800, a 4 percent increase.

For the Daytona Beach MSA which includes Volusia and Flagler Counties, Existing Condominium sales were slightly lower than 2010 but the median sales price increased 28% to $152,500 in July 2011.

Five condos sold in Ormond By The Sea, Florida during July, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).  The total of 5 sales is higher than last July when there were 2 sales.

Ormond By The Sea Florida mid month Market report August 8 2011

Ormond By The Sea Florida Market report

I have been asked to provide a market report for Ormond By The Sea Florida to be published in the Daytona Beach Pennysaver in early September so I thought I would share it here as well.

From July 8 through August 11 there were 19 homes and 7 condos sold in Ormond-by-the-Sea Florida. The homes range in sale price from $63,500 to $455,000. The condos range from $90,000 to $190,000.

There are currently 95 homes For Sale in Ormond by the Sea, ranging from $65,000 to $1,995,000 and 63 condos with asking prices between $98,000 and $520,000.

The inventory has been reduced significantly.

There has been a significant reduction in the inventory of homes and condoe for sale in Ormond by the Sea in the past year.  This time last year there were 101 condos and 120 homes for sale in Ormond By The Sea and at the beginning of 2011 there were 108 homes and 88 condos.  That is a significant inventory reduction and could be an indicator that the Ormond by the Sea market is beginning to stabilize.

This Market report brought to you courtesy of Ocean View Realty Group in House of Donuts Plaza. For Sales and rentals call Realtor® Rhonda Lehnen 386-441-8245 or visit http://www.ovrealty.com/ 

Ormond By The Sea Florida Homes sold in July, 2011

Ormond By The Sea Florida Homes sold in July, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 17 Ormond By The Sea, Florida homes sold in July, 2011. Five (5) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 33 homes under contract waiting closing and 14 of those have lender involvement. The highest priced home sold was a 3 bedroom on Spanish Waters for $258,000 and the lowest priced was a 2-bedroom 1 bath on Essex Drive for $63,500.
Comparing to last year, there were 18 Ormond By The Sea Florida homes sold in July, 2010 and 5 of those involved the lender. There were 9 homes sold in July 2009.
Ormond By The Sea, Florida homes sold in July, 2011 by price range.

Price range $ in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	5	0	5	0	0	3
100,000-149,999	6	0	4	2	0	1
150,000-249,999	5	0	1	2	2	1
250,000+	1	0	0	1	0	0
Total number	17	0	10	5	2	5

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 in July, 2011

Ormond By The Sea, Florida Condos Sold in July, 2011 

Five condos sold in Ormond By The Sea, Florida during July, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender. There are also 9 condos under contract pending sales closing and 4 of those involves a lender.

The total of 5 sales is higher than last July when there were 2 sales.

Here is the list of the July, 2011 condo sales.

Condo                         Description       Sold Price

Madeia Villa North      2 bedroom 2 bath      $90,000*
Ocean House             2 bedroom 2 bath    $125,000
Aquarius**                 2 bedroom 2 bath    $152,000
Aquarius**                 2 bedroom 2 bath    $152,500
Tiffany**                    2 bedroom 2 bath    $190,000
**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.
.

Ormond By The Sea Florida homes for sale July 31, 2011 Homes for sale in

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

Homes for sale in Ormond By The Sea Florida

There are 97 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of July 31, 2011. An additional 33 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 10 of the 97 homes for sale (10%) but 14, almost half (42%) of the 33 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $75,000 to $1,995,000.


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

Or contact Realtor® Rhonda Lehnen at ovforsale@aol.com or call 386-441-8245 for information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale or lease.

Price range in $Thousands	Number	1 Bdrm	2 Bdrm	3 Bdrm	4+ Bdrm	Bank
Under 100	6	0	5	1	0	2
100-149	25	0	21	8	0	3
150-199	18	0	3	11	4	1
200-299	9	0	1	6	2	0
300-499	16	0	0	9	7	2
500-999	16	0	0	8	8	2
Over $1 Million	7	0	0	1	6	0
Total number of homes	97	0	30	44	27	10

To view homes and condos available through Ocean View Realty Group or To search the Daytona Beach Florida Area Association of Realtors® 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.

Ormond By The Sea, Florida Condos for sale by price range July 31, 2011

Ormond By The Sea, Florida Condos for sale by price range July 31, 2011

The chart below shows Ormond By The Sea Florida condos for sale by price range as of July 31, 2011.

Price range in $Thousands	Number for sale	Lender involved	Directly on the beach
Under 100	4	2	1
100-149	18	3	2
150-199	27	2	5
200-299	9	0	8
300-499	11	0	8
500+	1	0	1
Total	70	7	25

Search the Daytona Beach Florida Area Association of Realtors® Multiple Listing Service (MLS) anonymously at the Ocean View Realty Group web site at http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID=FL&sRealtorID=1067885&sUserType=R&sSearchStateID=FL&sSearchSource=X or contact Realtor® Rhonda Lehnen at ovforsale@aol.com or call 386-441-8245 for information about Ormond beach and Ormond By The Sea Florida homes and condos for sale or lease.