Wednesday, September 05, 2012

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


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

As of August 31, 2012 we have 44 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS).  There are 30 priced under $200,000 and 6 of those are under $100,000. Additionally, there are 16 condos under contract pending closing of which 9 involve the lender as a short sale or foreclosure.  There are 8 of the 44 condos for sale involving a lender , either short sales or foreclosures. 

The inventory has gone down a tick since last month when there were 48 condos for sale and the total is still well below what it was as there were 61 Ormond By The Sea Florida condos actively for sale at the end of November of last year and more than double that number in 2010.    
Below is a table breaking down the inventory by condominium name.
Condo Name For Sale Lowest $ Highest $ Year Built Directly On The Beach
Aquarius 0 0 0 1973-74 Yes
Atlantic 22 0 0 0 1990 No
Barrier Island 1 285,000 285,000 2003 No
Capriana 5 375,000 475,000 2006 Yes
Corinthian 4 89,900 139,900 1974 No
Court Of Palms 0 0 0 1968 No
Fairwind Shores 1 147,900 147,900 1983-86 No
Gemini 2 249,000 369,000 1984 Yes
Indies House  0 0 0 1981 yes
Kingston Shores 2 95,000 99,975 1973 No
Las Olas 0 0 0 1997 No
Leeward Winds 1 151,900 151,900 1990 No
Madeira Villa N,C and South 0 0 0 1971 No
Mariners Bay 0 0 0 1981 No
Ocean Dunes 0 0 0 1998 No
Ocean House 3 148,900 169,900 1981-83 No
Ocean Shores 0 0 0 1973 No
Ocean Watch 2 130,000 145,000 1986 No
Oceanaire 1 130,000 130,000 1984 No
Oceanside 0 0 0 1973 No
Ormond Breakers 5 138,000 160,000 1974-81 No
Ormond By The Sea Club 1 199,000 199,000 1970-72 Yes
Ormondy 1 150,000 150,000 1985 Yes
Regency Plaza 3 160,000 249,000 1974 Yes
Sand Dunes 0 0 0 1985 No
Sands Point 1 95,000 95,000 1971 Yes
Seabridge 2 0 0 1990 No
Seabridge North 1 195,000 195,000 1994 No
Seascape 0 0 0 1983 No
Spinnaker 0 0 0 1987 No
Shoreham 0 0 0 1972 Yes
Starboard Light 2 149,900 149,900 1981 No
Sunny Beach Club 0 0 0 1990 No
Sunrise 1 170,000 170,000 1985 No
Surfside Club 2 239,000 239,500 1971 Yes
Tiffany 2 259,000 349,000 1989-90 Yes
Van Lee 0 0 0  1982  Yes
Vila Sereno 0 0 0 1973 No
Winchester Manor 1 84,900 84,900 1974 No
Windemere Shores 1 195,000 195,000 1983 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.

Contact Realtor® Rhonda Lehnen at 386-441-8245 today for additional information and to get a free market analysis for your Ormond By The Sea condo.


Ormond By The Sea, Florida Condos for sale by price range August 31 2012


Ormond By The Sea, Florida Condos for sale by price range August 31 2012.
The chart below shows Ormond By The Sea Florida condos for sale by price range as of August 31, 2012.
 Price Range In $Thousands  Number For Sale Lender Involved  Directly On The Beach 
 Under 100  6  1 1
 100-149 12 7 0
 150-199 12 0 3
 200-299 6 0 5
 300-499  8  0  8
 500+  0  0 0
 Total 44 8 17

  Condos comming on the market that are priced right are selling while those that are overpriced stay on the market.
The inventory has been reduced slightly since last month.  

Ormond By The Sea Florida homes for sale August 31 2012


Ormond By The Sea Florida homes for sale August 31, 2012   Homes for sale in Ormond By The Sea Florida


There are 95 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of August 31, 2012.     An additional  31 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 14 of the 95 homes for sale (14%) but 11, more than a third (36%), of the 31 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $74,900 to $1,599,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be getting back to a being more balanced between buyers and sellers.  There are investors waiting for the lower priced homes to come available and if homes come on the market at a reasonable price they are being sold quickly.  The number of homes for sale in Ormond By The Sea has increased since last month when there were 89 homes for sale.

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
Bank 
Under 100
5
0
5
0
0
6
100-149
25
0
19
6
0
5
150-199
11
0
5
5
1
 0
200-299
17
0
1
10
6
2
300-499
18
0
1
13
4
1
500-999
15
0
0
6
9
0
Over $1 Million
4
0
0
2
2
 0
Total number of homes
95
0
31
42
22
14
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. 

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