Ormond By The Sea Florida 4th Quarter home sales analysis 2014

Ormond By The Sea Florida 4th Quarter home sales analysis 2014

This table shows in the October(1st) to December (31st) quarter by year for 14 years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons.

4th Quarter home sales analysis

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.

Year	# Sales	Low $ Sold	High $ Sold	Average Ask $	Average Sold $	Average Sq. Ft	Price/ Sq.Ft Average $	Average Days On Market
2014	52	57,000	387,500	197,060	187,123	1460	135	81
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

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 athttp://www.ovrealty.com/.

Vacation rental information is at http://www.ormondbeachcondorentals.com/

Ormond By The Sea Florida Homes sold 2014

Ormond By The Sea Florida Homes sold 2014

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 233 Ormond By The Sea, Florida homes sold in 2014.  Lenders were involved in 42 of the sales, either a short sale or foreclosure.
The highest priced home sold was a 3 bedroom on John Anderson Dr for $800,000 and the lowest priced was a 2 bedroom 2 bath on Essex Dr. for $65,000. 

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.

2014 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	6	1	5	0	0	4
75-99	21	1	17	2	1	12
100-149	84	0	64	18	2	11
150-199	49	0	19	29	1	7
200-299	49	0	5	38	6	5
300+	24	0	2	14	8	3
Totals	233	2	112	101	18	42

Ormond By The Sea Homes For Sale February 28 2015

Ormond By The Sea Florida homes for sale

February 28 2015

Homes for sale in Ormond By The Sea Florida

There are 99 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of February 28, 2015. An additional 34 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 9 of the 99 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $99,900 to $995,000.

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.  

At the beginning of 2012 there were 25 Ormond By The Sea homes under contract and now there are 99 , which is another good indicator for the health of the market.

At the beginning of last year there were 85 Ormond By The Sea Florida homes for sale so the inventory has increased slightly.

This chart 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	1	1	1	0	0	0
100-149	21	0	16	3	0	4
150-199	24	0	13	6	2	1
200-299	26	0	3	19	2	1
300-499	13	0	1	7	1	0
500-999	9	0	2	4	2	0
Over $1 Million	5	0	1	2	2	0
Total number of homes	99	1	37	41	9	6

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.


Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com.