Ormond Owners Report First Quarter 2018

Ormond Owners Report

First Quarter 2018

Hello From Ormond By The Sea Florida

Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group
publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo
owners local information that they may not otherwise receive.  View other editions of the
Ormond Owners Report.

BUSINESS BRIEFS

-Hard Rock hotel is now open at 918 N Atlantic ave. Daytona Beach.

-Ben and Jerry’s ice cream shop has opened at One Daytona.

-Landshark Bar and Grill and Cocina 214 tex mex restaurant are open at 451 S Atlantic Ave.

-A Delta hotel by Marriott is open in Daytona Beach Shores.
LOCAL NOTES
-O’hara’s has changed its name to Origins.
-Houligan’s has reopened following hurricane repairs.

Ormond By The Sea Florida condo sales analysis 1st Quarter 2018

This table shows the condos sold January 1 to March 31 in Ormond By The Sea Florida in 2018
through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS) with a comparison to
prior years.

Year	Sales	Low$	High$	Average	Avg ask	Avg sq.ft	Price/sq ft
2018	24	80,000	419,000	221,563	230,971	1207	181
2017	24	87,500	470,000	207,647	218,355	1248	166
2016	17	75,000	585,000	204,317	212,717	1184	170
2015	20	106,900	369,000	200,353	211,179	1286	159
2014	23	50,000	490,000	187,330	201,554	1229	152
2013	27	62,000	355,000	170,736	179,574	1150	148
2012	14	70,000	325,000	187,571	200,714	1312	143
2011	16	108,000	250,000	150,100	163,468	1234	121
2010	9	45,251	318,773	139,096	153,193	1242	112
2009	11	50,000	250,000	150,333	166,020	1173	128

Note the price per square foot and average sale prices are high.  Condos that are priced right for
the market will sell quickly while anything overpriced will sit on the market.

Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or

condo. Visit our website www.ovrealty.com and our vacation rental web site

at www.ormondbeachcondorentals.com or call us at 386-441-8245. Email for rental information

at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling

ovforsale@aol.com. Real estate market information is updated on the

Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for

sale and sold in Ormond By The Sea Florida.

Ocean View Realty Group has updated the Ormond By The Sea Florida Real estate market watch web site page.

Ormond By The Sea Florida real estate market

Ocean View Realty Group has updated the Ormond By The Sea Florida Real estate market watch page on its web site to reflect March 2018 activity and first quarter sales.  Numbers of homes and condos for sale as of March 31, 2018  are indicated as well as the sales of Ormond By The Sea Florida homes and condos during the month of March 2018 and for the first 3 months of 2018.   Condos for sale is presented by price range and by condo name so you can look at what is for sale in any Ormond By The Sea Condo building.  Check out the Ocean View Realty Group Market Watch page for Ormond By The Sea Florida.

To search the Daytona Beach Florida Area Multiple Listing Service (MLS) anonymously 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 website. You will not need to sign in or give your name to use the search on the  Ocean View Realty Group website.

Contact Realtor® Rhonda Lehnen of Ocean View Realty Group at 386-441-8245 today or email to ovforsale@aol.com for additional information and to get a free market analysis for your Ormond By The Sea condo.

Ormond By the Sea Florida 1st Quarter 

Home Sales Analysis 2018

This table shows the homes sold in Ormond By The Sea Florida for the first 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS). The inventory remains low.  

Year	sales	Low $	High $	Avg ask$	Avg sold $	Avg Sq. Ft	Price/ Sq. Ft $	Avg DOM
2018	54	120,000	625,000	276,044	363,213	1448	187	83
2017	53	125,000	620,000	241,449	229,792	1449	162	121
2016	62	110,000	600,000	227,533	216,326	1511	143	110
2015	53	81,000	675,000	214,955	205,392	1437	143	90
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

 This graph shows sales activity compared to prior years

 

For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale and for rent call Realtor® Rhonda Lehnen at 386-441-8245 or visit the Ocean View Realty Group website at www.ovrealty.com where you can also search the Daytona Beach Area Multiple 

Listing Service (MLS) anonymously. 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 website at http://www.ovrealty.com/.

Ormond By The Sea Florida First Quarter Condo Sales Analysis 2018

Ormond By The Sea Florida First Quarter Condo Sales Analysis 2018

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). The graphic compares the number of sales to previous years.

Year	Sales	Low$	High$	Average	Avg ask	Avg sq.ft	Price/ sq ft	DOM
2018	24	80,000	419,000	221,563	230,971	1207	181	122
2017	24	87,500	470,000	207,647	218,355	1248	166	104
2016	17	75,000	585,000	204,317	212,717	1184	170	136
2015	20	106,900	369,000	200,353	211,179	1286	159	137
2014	23	50,000	490,000	187,330	201,554	1229	152	78
2013	27	62,000	355,000	170,736	179,574	1150	148	115
2012	14	70,000	325,000	187,571	200,714	1312	143	49
2011	16	108,000	250,000	150,100	163,468	1234	121	176
2010	9	45,251	318,773	139,096	153,193	1242	112	197
2009	11	50,000	250,000	150,333	166,020	1173	128	97



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 website at www.ovrealty.com where you can also search the Daytona Beach Area Multiple Listing Service (MLS) anonymously.If you are thinking of selling contact Realtor® Rhonda Lehnen of Ocean View Realty Group at 386-441-8245 today for additional information and to get a free market analysis for your Ormond By The Sea condo or home. Email Rhonda at ovforsale@aol.com.