Food Lion Closing

Food Lion Closing in Ormond Beach Florida

As of February 15, 2012 the last of the Food Lion Supermarkets in Volusia and Flagler County will be closed. The last Flagler Beach store on Route 100 closed in 2009. In addition to the Ormond Beach store at 101 E. Granada, stores in New SmyrnaBeach and Port Orange are also closing. There were a total of 8 stores in the Volusia and Flagler market at one time. After February 15, 2012 there will be none. The Food Lion chain is owned by a Brussels, Belgium based company who has indicated the need to close under performing locations.

Ormond By The Sea Florida Homes sold 2011

Ormond By The Sea Florida Homes sold 2011

Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 176 Ormond By The Sea, Florida homes sold in 2011. Lenders were involved in 56 (32%) of the sales, either a short sale or foreclosure.
The highest priced home sold was a 4 bedroom on John Anderson Dr for $895,000 and the lowest priced was a 2 bedroom 1 bath on River Shore Dr. for $50,000.

The number of Ormond By The Sea Florida homes sold in 2011 was slightly lower than the 183 sold in 2010 but higher than all other years since 2007. 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 $100,000 range.

2011 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	29	1	27	1	0	19
75-99	27	0	23	4	0	13
100-149	55	0	34	18	3	14
150-199	40	0	7	28	5	5
200-299	18	0	1	14	3	3
300+	7	0	1	4	2	2
Totals	176	1	93	69	13	56

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 the Ocean View Realty Group web site.

French Market in downtown Daytona Beach Florida

Downtown Daytona Beach merchants will present a French Market on this spring on Saturday, February 26, March 26, and April 23, 2012.

The event is expected to offer food, arts, entertainment and much more. Outside vendors will come in to provide a variety of offerings. It is expected to be a multi-cultural event. The French Market is an open air shopping bazaar that will be experienced along Beach Street from Bay Street to Orange Avenue and also along International Speedway Blvd.
The French Market stretches more than 4 blocks in historic downtown Daytona Beach from 9AM to 3PM. You can also stroll over to the Farmer's market on City Island which is open every Saturday from 8AM to Noon.

There will be entertainment, arts and crafts, holiday items, baked goods, handbags and apparel and much more.
Admission is FREE and parking is FREE. Head on down to downtown Daytona Beach Florida on December 3rd for music, fun, food and dancing and get some Christmas shopping done.
For additional information call Kelli at 386-290-1365 or Stacey at 386-255-3701.

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 http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Ormond By The Sea Florida condos sold 2011

Ormond By The Sea Florida condos sold 2011
Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 79 Ormond By The Sea, Florida condos sold in 2011. That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005. The highest priced condo sold was a 3-bedroom at the Capriana for $495,000 and the lowest priced was a 2-bedroom 1 bath at Winchester Manor for $40,425. Lenders were involved in 20 (26%) of the 79 sales as foreclosures or short sales.
Condo values in Ormond By The Sea Florida have returned to 2002 levels and appear to be holding relatively steady. The average number of sales monthly in 2010 was 5.5 and the 2011 average was 6.6 indicating a big jump toward making the market more stable and balanced.

Ormond By The Sea Florida condo sales by price range.

Price range in thousands $	Number of sales	Studio or 1 Bedroom	2 Bedroom	3 Bedroom	Lender involved	Directly on The beach
Under 100	17	0	17	0	6	0
100-149	31	2	27	2	7	4
150-199	19	1	18	0	6	14
200-299	9	0	4	5	1	8
300+	3	0	0	3	0	3
Totals	79	3	66	10	20	29

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

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in December 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 4 Plantation Bay Golf and Country Club home sold in December, 2011. One of those have lender involvement as either a short sale or foreclosure.

The Plantation Bay homes sold were:
3 bedroom on Bay Pointe Dr for $170,000
3 bedroom on Sunningdale Ln for $175,000
3 bedroom on Gale Ln for $200,000
4 bedroom on Dovercourt Ln for $513,000

The 4 sales in December, 2011 equals the volume of sales in the month of November. December, 2011 with the 4 sales gives a good indicator that the market here is making the required corrections to once again become balanced. Reduced inventory, low interest rates and reduced values are all contributing to improvements in the real estate market in Plantation Bay.

Ocean View Realty Group newsletter for the 4th Quarter 2011

Ocean View Realty Group newsletter for the 4th Quarter 2011

Ocean View Realty Group has published the Ormond By The Sea Florida Quarterly Newsletter, Ormond Owners Report for the 4th Quarter 2011. You will see the numbers of Ormond By The ea Florida condos sold by month for the past 5 years along wit other business and local information.
Here is a link to view the current newsletter.

Ocean View Condominium Rental Group, Inc. also doing business as Ocean View Realty Group publishes this informative newsletter each quarter for out of town Ormond By The Sea property owners. Ocean View provides non-resident owners a source of local information about the local area that they may not otherwise receive.
Business and local information is published in each newsletter as well as real estate market information to keep out of town owners and others interested in Ormond By The Sea Florida and the surrounding areas up to date with what is happening.

You can subscribe to the blog where the newsletter is posted each quarter and receive an email when the latest newsletters are posted.

Ormond By The Sea Florida Homes sold in December, 2011

Ormond By The Sea Florida Homes sold in December, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 8 Ormond By The Sea, Florida homes sold in December, 2011. One (1) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 25 homes under contract waiting closing and 14 of those have lender involvement. The highest priced home sold was a 3 bedroom on Julie Dr for $270,000 and the lowest priced was a 3-bedroom 1 bath on Riverbreeze Blvd for $87,550.
Ormond By The Sea, Florida homes sold in December, 2011 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	1	0	0	1	0	1
100,000-149,999	3	0	2	1	0	0
150,000-249,999	3	0	0	3	0	0
250,000+	1	0	0	1	0	0
Total number	8	0	2	6	0	1

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 Condos Sold in December, 201

Ormond By The Sea, Florida Condos Sold in December, 2011 

Eight condos sold in Ormond By The Sea, Florida during December, 2011 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), three of which involved a lender as a short sale or foreclosure.
There are also 11 condos under contract pending sales closing and 6 of those involve a lender.
The 8 sales is higher than the 2010 monthly average of 5.5 sales and equals the highest number of sales in any December since 2002 when 13 Ormond By The Sea Florida condos were sold. In December 2009 there were also 8 condo sales.

Here is the list of the December, 2011 condo sales.
Condo                      Description         Sold Price Seabridge*               2 bedroom 2 bath               $137,000
Starboard Light        2 bedroom 2 bath               $125,000
Atlantic 22                2 bedroom 2 bath               $147,000
Leeward Winds        2 bedroom 2 bath               $160,000
Windemere Shore    2 bedroom 2 bath               $162,000
Surfside Club           2 bedroom 2 bath               $175,000
Ormondy***              2 bedroom 2 bath               $165,000
Ormondy***              2 bedroom 2 bath               $191,900

**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale Dece

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale December 31, 2011

Plantation Bay homes for sale as of December 31, 2011
There are 52 Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of December 31, 2011 and 7 of those homes involve a lender as either a short sale or foreclosure.

Below is a chart listing the number of homes for sale by price range.

Price range	Homes	Bank
Under $150,000	0	0
150,000 to 199,000	11	2
200,000 to 249,000	13	1
250,000 to 299,000	10	2
300,000 to 399,000	8	1
400,000 to 799,000	8	1
800,000 and over	2	0
Total	50	7

To view homes and condos available through Ocean View Realty Group or To search the entire Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale go to the sales page of this Ocean View Realty Group web site.

Ormond By The Sea Florida homes for sale December 31, 2011 Homes for sale

Ormond By The Sea Florida homes for sale
December 31, 2011

Homes for sale in Ormond By The Sea Florida

There are 89 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of December 31, 2011. An additional 25 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 17 of the 89 homes for sale (19%) but 14, more than half (56%), of the 25 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $69,000 to $1,995,000.
The inventory of Ormond By The Sea Florida homes for sale has stabilized and that is a good indicator that the market may be back to a being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if they come on the market at a reasonable price they will be sold quickly.

The chart below 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	10	0	10	0	0	6
100-149	22	0	15	6	1	6
150-199	9	0	0	8	1	1
200-299	11	0	1	7	3	2
300-499	15	0	1	9	5	1
500-999	17	0	0	8	9	1
Over $1 Million	5	0	0	0	5	0
Total number of homes	89	0	27	37	24	17

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.