4th qtr home sales analysis 2013

Ormond By The Sea Florida 4th Quarter home sales analysis

This table shows in the October(1st) to December (31st) quarter by year for 11 years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons.

4th Quarter home sales analysis

Year	# Sales	Low $ Sold	High $ Sold	Average Ask $	Average Sold $	Average Sq. Ft	Price/ Sq.Ft Average $	Average Days On Market
2013	48	58,900	649,000	172,492	161,760	1363	127	86
2012	43	45,100	575,000	156,041	169,060	1505	103	139
2011	38	57,000	475,000	161,325	150,872	1482	102	122
2010	44	42,500	870,000	169,903	148,401	1405	106	132
2009	50	50,000	420,000	150,551	162,915	1458	112	134
2008	16	71,000	330,000	156,431	144,259	1311	110	57
2007	24	100,000	975,000	258,988	239,277	1314	182	147
2006	33	142,700	950,000	281,458	261,179	1295	202	108
2005	37	163,000	795,000	316,597	301,287	1351	223	51
2004	40	139,000	675,000	269,038	257,908	1455	177	54
2003	46	88,000	750,000	201,400	190,984	1450	132	58
2002	52	81,000	640,000	164,111	156,096	1404	111	58
2001	39	69,000	457,000	140,695	131,715	1427	92	65

The average days on the market has decreased over the past few years as the inventory of available homes has increased slightly.  The number of sales was higher in 2013 than the previous 2 years but still slightly higher than some previous years going back to 2005.  

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

PB homes sold for the year 2013

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in 2013

Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 111 Plantation Bay Golf and Country Club homes sold in 2013.  This volume of homes sold is higher than 4 of the past 6 years.  Last year there were 90 sales and  14 of those 2012 sales involved a lender as either a short sale or foreclosure. The highest priced home sold was a 3 bedroom 4 bath on Woodbridge Dr. for $905,000 and the lowest priced home sold was a 2 bedroom 2 bath for $117,000 on Jasmine Run.

2013 Plantation Bay home sales by price range. 

$ Price range in thousands	Number of sales	2 Bedroom	3 Bedroom	4 or more Bedrooms	Lender involved
Under 150	4	3	1	0	1
150-199	24	2	19	3	6
200-249	21	1	19	1	0
250-299	24	0	15	9	2
300-399	13	0	3	10	1
400+	25	0	14	11	1
Totals	111	6	69	33	11

Homes sold for the year 2013

Ormond By The Sea Florida Homes sold 2013

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 218 Ormond By The Sea, Florida homes sold in 2013.  Lenders were involved in 34 of the sales, either a short sale or foreclosure. 
The highest priced home sold was a 5 bedroom 4 bath on John Anderson Dr for $1,175,000 and the lowest priced was a 2 bedroom 2 bath on Sunny Shore Dr. for $45,000.  

The number of Ormond By The Sea Florida homes sold in 2013 was much higher than the 183 sold in 2010. In 2005 there were 277 sales.  Lenders were involved in sales in all price ranges with the highest percentage of lender involvement being in the under $75,000 to $99,000 range.

If this pace of sales continues we are at 6 months of inventory which is a balanced market and we should be looking forward to the potential for values increasing or at least we seem to have hit the point where values are no longer in decline.

2013 Ormond By The Sea Florida home sales by price range.  

$ Price range in thousands	Number of sales	1 Bedroom	2 Bedroom	3 Bedroom	4 or more Bedrooms	Lender involved
Under 75	12	1	10	1	0	6
75-99	34	0	28	6	0	13
100-149	81	0	54	24	3	8
150-199	48	0	18	30	0	3
200-299	24	0	2	19	3	2
300+	19	0	1	13	5	1
Totals	218	1	113	93	11	33