Ormond By The Sea Florida Condos Sold in September 2012

Ormond By The Sea Florida Condos Sold in September 2012

Eight (8) condos sold in Ormond By The Sea, Florida during September, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), Zero (0) of which involved a lender as a short sale or foreclosure. 
There are also 19 condos under contract pending sales closing and 9 of those involve a lender.
  
Here is the list of the September, 2012 condo sales.
Condo                    Description       Sold Price
Capriana**                            3 Bedroom 3 Bath   $380,000 
Ocean House                         2 Bedroom 2 Bath $155,000
Ormond By The Sea Club**    2 Bedroom 2 Bath $185,000
Seabridge                             2 Bedroom 2 Bath  $115,000
Regency Plaza**         2 Bedroom 2 Bath   $135,000
Regency Plaza**         2 Bedroom 2 Bath   $135,000
Regency Plaza**         2 Bedroom 2 Bath   $143,500
Villa Sereno                2 Bedroom 2 Bath   $114,000  


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

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 Homes sold in September 2012

Ormond By The Sea Florida Homes sold in September 2012

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 12 Ormond By The Sea, Florida homes sold in September, 2012.  One  (2) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 34 homes under contract waiting closing and 13 of those have lender involvement. The highest priced home sold was a 4 bedroom on John Anderson Dr.  for $957,500 and the lowest priced was a 2-bedroom 1 bath on Pinta St. for $60,000.  The number of sales is one of the lowest in past years.

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

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	5	0	5	0	0	1
100,000-149,999	3	0	3	0	0	1
150,000-249,999	3	0	0	2	1	0
250,000+	1	0	0	0	1	0
Total number	12	0	8	2	2	2

 

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for saleand for rent call  386-441-8245 or visit the Ocean view Realty Group web site atwww.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 September comparing previous years.

Ormond By the Sea Florida quarterly condo sales analysis

Ormond By the Sea Florida quarterly condo sales analysis 2012 third quarter
This table shows the condos sold on Ormond By The Sea Florida for the Third 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year	# Sales	Low $	High $	Average	Average ask $	Average Sq. Ft	Price/Sq. Ft. avg. $	Average DOM
2012	26	$75,000	$380,000	$156,521	$170,784	1131	$138	149
2011	17	$90,000	$495,000	$180,023	$203,736	1281	$140	199
2010	15	$65,000	$530,000	$151,400	$165,520	1169	$129	107
2009	22	$59,900	$590,000	$186,863	$214,481	1166	$160	164
2008	11	$110,000	$720,000	$238,263	$262,962	1211	$196	161
2007	20	$125,000	$825,000	$292,620	$318,490	1166	$250	180
2006	15	$191,000	$410,000	$268,393	$281,440	1246	$215	103

Although the average sales price is slightly lower the average sold price per square foot has stabilized and the volume of sales is higher.

Ormond By the Sea Florida third quarter home sales analysis

Ormond By the Sea Florida third quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the third 3 months of the year through the Daytona beach area realtors@ multiple listing service (MLS).

Year	# sales	Low $	High $	Average	Average ask $	Average Sq. Ft	Price/ Sq. Ft	Average DOM
2012	42	$64,900	$957,500	$157,170	$169,080	1382	$113	89
2011	45	$63,500	$455,000	$149,193	$139,868	1374	$101	85
2010	54	$45,000	$290,000	$122,892	$136,353	1268	$96	130
2009	42	$68,000	$367,000	$1144,699	$159,804	1395	$103	125
2008	56	$72,000	$1,688,500	$233,991	$251,699	1491	$150	123
2007	32	$118,215	$1,250,000	$298,644	$323,044	1541	$193	94
2006	32	$135,000	$800,000	$264,677	$308,556	1447	$182	100

The average days on the market so far this year is lower than any year since 2008 and the average sales price is up. Both of those are good indicators for the market.The average price per square foot is stable is the highest since 2008 and the average sold home size has decreased.

For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.