Ormond By The Sea Florida mid-year Home sales analysis

Ormond By The Sea Florida mid-year Home sales analysis

This table shows the homes sold in Ormond By The Sea Florida for the first 6 months

of the year through the Daytona Beach Area Realtors® Multiple Listing Service (MLS)

Year	Sales	Low $	High $	Average ask	Average sold	Avg SQ. FT	sq. Ft avg $	Avg DOM
2013	106	44,700	1,599,000	188,079	171,604	1386	124	123
2012	98	37,000	395,000	170,357	159,588	1489	107	78
2011	94	50,000	895,500	159,091	146,152	1463	100	104
2010	85	60,000	565,000	157,035	143,881	1380	104	115
2009	61	64,900	475,000	145,467	132,881	1217	109	94
2008	71	74,000	500,000	192,072	175,221	1279	123	84
2007	53	120,000	1,185,000	257,157	239,760	1256	191	103
2006	71	15,5000	1,200,000	337,277	321,657	1390	231	86
2005	161	150,000	1,050,000	291,034	279,467	1455	192	59
2004	126	100,000	930,000	220,071	212,248	1402	151	48
2003	123	79,000	690,000	181,551	171,966	1414	122	64
2002	134	54,000	625,000	142,313	135,149	1375	98	52
2001	121	53,000	585,000	118,595	113,249	1470	77	52

 Sales prices are up a little and the price per square foot is also up.  Average days on the market is higher and that may be a reflection of the market activity where homes that have been on the market longer are also selling.

Ormond By The Sea Florida mid-year condo sales analysis

Ormond By The Sea Florida mid-year condo sales analysis

This table shows the condos sold in Ormond By The Sea Florida for the first 6 months

of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS)

Year	Sales	Low $	High $	Average sold $	Average ask $	Average Sq. Ft	sq. Ft. avg $	Avg DOM
2013	55	65,000	390,000	154,222	167,058	1236	125	122
2012	39	37,000	395,000	136,588	148,156	1208	113	108
2011	17	40,425	284,000	$144,320	152,898	1260	121	94
2010	10	50,000	550,000	195,211	227,900	1399	139	226
2009	12	95,000	474,900	209,027	234,864	1204	174	196
2008	11	137,000	210,000	169,490	187,000	985	172	133
2007	8	130,000	345,000	257,875	273,550	1233	209	81
2006	5	150,000	350,000	255,600	274,200	1131	226	101

The volume of sales is up and values are increasing . Both of those are good indicators for the market.   The increase in days on the market may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.