Ormond Owners Report
Third Quarter 2018
Hello from Ormond By The Sea Florida
Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes the Ormond Owners Report 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
- Lucky’s Market will be opening soon on Granada Blvd. in the former Food Lion store.
- The Daytona Zipline Aerial Adventure has reopened at Tuscawilla Park.
- Canadian Airline Sunwing will begin service to Toronto from Daytona Beach in January.
- Zaxby’s has opened at 1287 W Granada.
- The Daytona Zipline Aerial Adventure has reopened at Tuscawilla Park.
- Canadian Airline Sunwing will begin service to Toronto from Daytona Beach in January.
- Zaxby’s has opened at 1287 W Granada.
LOCAL NOTES
- Wall calendars for 2019 are available at the Ocean View Realty Group office. Stop in and say hi and get yours while they last.
- Florida Hospital building on A1A will be demolished.
- Many new dining, shopping and entertainment options are coming available at One Daytona, Tanger Outlet Mall and Tomoka Town Center.
- Wall calendars for 2019 are available at the Ocean View Realty Group office. Stop in and say hi and get yours while they last.
- Florida Hospital building on A1A will be demolished.
- Many new dining, shopping and entertainment options are coming available at One Daytona, Tanger Outlet Mall and Tomoka Town Center.
Ormond By The Sea, Florida 3rd Qtr Condo Sales Analysis 2018
This table shows the condos sold in Ormond By The Sea, Florida for the third 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS). 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 may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.
Year
|
# Sales
|
Low $
Sold
|
High $
Sold
|
Average
Sold $
|
Average ask $
|
Average
Sq. Ft
|
$/sq.ft
|
Avg DOM
|
2018
|
30
|
64,000
|
610,000
|
196,105
|
202,404
|
1150
|
172
|
91
|
2017
|
34
|
85,000
|
560,000
|
222,702
|
233,003
|
1227
|
181
|
141
|
2016
|
36
|
132,500
|
555,000
|
225,053
|
235,247
|
1223
|
183
|
156
|
2015
|
37
|
115900
|
475000
|
200091
|
210203
|
1256
|
172
|
121
|
2014
|
38
|
102500
|
335000
|
190513
|
164850
|
1270
|
150
|
104
|
2013
|
30
|
80000
|
365000
|
181341
|
191520
|
1196
|
152
|
139
|
2012
|
26
|
75000
|
380000
|
156521
|
170784
|
1131
|
138
|
149
|
2011
|
17
|
85600
|
495000
|
180024
|
203737
|
1354
|
133
|
199
|
2010
|
15
|
65000
|
530000
|
151400
|
165520
|
1169
|
130
|
108
|
2009
|
22
|
59900
|
595000
|
186864
|
214481
|
1167
|
160
|
164
|
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, FL.