Ormond By The Sea Florida Homes sold in April 2012

Ormond By The Sea Florida Homes sold in April 2012

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 19 Ormond By The Sea, Florida homes sold in April, 2012.  Three (3) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 39 homes under contract waiting closing and 14 of those have lender involvement. The highest priced home sold was a 4 bedroom on John Anderson Dr for $645,000 and the lowest priced was a 2-bedroom 1 bath on Carol Rd for $75,000.

Ormond By The Sea, Florida homes sold in April, 2012 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	3	0	3	0	0	2
100,000-149,999	7	0	3	3	1	1
150,000-249,999	8	0	1	6	1	0
250,000+	1	0	0	0	1	0
Total number	19	0	11	6	2	3

The 19 sales in

April 20

12 is the highest volume of sales in any month of April since 2005 when the market was booming and there were 26 sales. Getting homes priced right for this market is helping to clear the inventory and return to a more balanced market.

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

Here is a chart showing Ormond By The Sea Florida homes sold in April comparing previous years.

Ormond By The Sea, Florida Condos Sold in April 2012

Ormond By The Sea, Florida Condos Sold in April, 2012

Ten condos sold in Ormond By The Sea, Florida during April, 2012 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 21 condos under contract pending sales closing and 9 of those involve a lender.
  
Here is the list of the April, 2012 condo sales.
Condo                    Description       Sold Price
Kingston Shores*       2 Bedroom 2 Bath    $77,000 Maderia Villa North*      2 Bedroom 2 Bath      $109,000
Regency Plaza**           2 Bedroom 2 Bath     $170,000                                                                Fairwind Shores           2 Bedroom 2Bath       $164,900
Windemere Shore          2 Bedroom 2 Bath     $148,000
Surfside Club**             2 Bedroom 2 Bath     $ 173,500
Surfside Club**             2 Bedroom 2 Bath    $189,000
Seascape                      2 Bedroom 2 Bath      $151,000Ocean Dunes                 2 Bedroom 2 Bath      $120,000
Aquarius**                    2 Bedroom 2 Bath      $172,500

**These Condo buildings are directly on the beach 
* these sales involved a lender as a short sale or foreclosure.
Here is a chart of April Ormond By The Sea condo sales showing how 2012 compares to previous years.

Ormond By The Sea, Florida Condos for sale as of March 31 2012

Ormond By The Sea, Florida Condos for sale as of March 31 2012

As of March 31, 2012 we have 49 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 35 priced under $200,000 and 6 of those are under $100,000. Additionally, there are 21 condos under contract pending closing of which 9 involve the lender as a short sale or foreclosure. There are 7 of the 49 condos for sale involving a lender , either short sales or foreclosures.

Short sales or foreclosures continue to be about half of the pending condos but less than 15% of the condos for sale indicating the banks are pricing their properties to sell while many owners are expecting to get more than the market will bear.

The inventory continues decrease slightly as there were 54 Ormond By The Sea Florida condos actively for sale at the end of last month.

Below is a table breaking down the inventory by condominium name.

Condo Name	For Sale	Lowest $	Highest $	Year Built	Directly On The Beach
Aquarius	2	243,900	289,000	1973	Yes
Atlantic 22	0	0	0	1990	No
Barrier Island	3	189,900	285,000	2000	No
Capriana	5	375,000	450,000	2006	Yes
Corinthian	1	96,900	96,900	1974	No
Court Of Palms	1	92,000	92,000	1968	No
Fairwind Shores	4	155,000	174,000	1983-87	No
Gemini	0	0	0	1984	Yes
Kingston Shores	2	95,000	115,000	1973	No
Las Olas	0	0	0	1997	No
Leeward Winds	1	155,400	155,400	1990	No
Madeira Villa N,C and South	1	122,000	122,000	1971-72	No
Mariners Bay	0	0	0	1981	No
Ocean Dunes	0	0	0	1978	No
Ocean House	4	148,900	184,000	1983-85	No
Ocean Shores	0	0	0	1973	No
Ocean Watch	2	145,000	180,000	1986	No
Oceanaire	0	0	0	1984	No
Oceanside	0	0	0	1973	No
Ormond Breakers	1	169,900	169,900	1974	No
Ormond By The Sea Club	1	214,900	214,900	1972	Yes
Ormondy	0	0	0	1986	Yes
Regency Plaza	3	134,900	179,900	1974	Yes
Sand Dunes	0	0	0	1985	No
Sands Point	0	0	0	1971	Yes
Seabridge	2	138,000	139,900	1991	No
Seabridge North	1	134,900	189,900	1994	No
Seascape	0	0	0	1983	No
Spinnaker	1	100,000	100,000	1987	No
Shoreham	0	0	0	1972	Yes
Starboard Light	2	144,375	179,000	1981	No
Sunny Beach Club	0	0	0	1990	No
Sunrise	1	159,900	159,900	1986	No
Surfside Club	3	190,000	250,000	1971	Yes
Tiffany	1	349,000	349,000	1991	Yes
Van Lee	1	194,900	194,900	1982	Yes
Vila Sereno	1	118,400	118,400	1973	No
Winchester Manor	3	65,900	84,900	1974	No
Windemere Shores	1	200,000	200,000	1973	No

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 the Ocean View Realty Group web site.