1st qtr condo sales analysis 2014

Ormond By the Sea Florida 1st Quarter condo sales analysis

This table shows the condos sold on Ormond By The Sea Florida for the first 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year	# Sales	Low $ Sold	High $ Sold	Average $	Average ask $	Average Sq. Ft	Price/Sq. Ft. avg. $	Average DOM
2014	23	$37,500	$322,725	$145,710	$138,000	1214	$120	102
2013	27	$65,000	$210,000	$129356	$134900	1096	$118	98
2012	14	$48,000	$300,000	$139,380	$156,164	1261	$111	94
2011	16	$40,425	$284,000	$144,320	$152,898	1262	$121	94
2010	9	$50,000	$550,000	$195,211	$227,900	1399	$139	226
2009	11	$95,000	$474,900	$209,027	$234,864	1204	$174	196
2008	10	$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

Ormond By The Sea Florida homes for sale April 2014

Ormond By The Sea Florida homes for sale

April 30,2014

Homes for sale in Ormond By The Sea Florida

There are 92 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of April 30, 2014. An additional 38 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 11 of the 92 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $84,900 to $1,290,000.

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 38 , which is another good indicator for the health of the market.

At the beginning of this year there were 91 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	0	1	0	0	1
100-149	21	2	13	5	1	2
150-199	22	0	11	11	0	4
200-299	20	0	4	13	3	2
300-499	12	0	3	9	0	1
500-999	13	0	1	6	6	1
Over $1 Million	3	0	1	1	1	0
Total number of homes	92	2	34	45	11	11

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.