Ormond By The Sea Florida mid-year condo sales analysis 2015
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
|
2015
|
53
|
47,500
|
360,000
|
157,656
|
167,025
|
1217
|
131
|
163
|
2014
|
54
|
37,500
|
322,725
|
152,806
|
161,269
|
1203
|
127
|
106
|
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 has been steady for a few years and values are increasing . Both of those are good indicators for the market. The increase in days on the market (DOM) may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.
.