Ormond By The Sea Florida home sales for march 10 to june 10 2010

Here are some MLS numbers for the last 3 months that I put together while doing a recent BPO:

Total sales of 2 Bedroom 1 Bath homes in Ormond By The Sea Florida 14.

Lowest sale price $68,000

Highest $108,000

Average $87,900

REO and Short sales included above:

Sales 6

Lowest $$68,000

Highest $100,000

Average $83,400

The good news is.............We will get less Bad!!

On June 8, 2010 I attended an educational forum titled "Trends in the Florida Real Estate Market

and local Rental Estate Values." The two main presenters were Timothy S. Becker, Director of The Center for Real Estate Studies at the University of Florida and Morgan A Gilreath Jr., Property Appraiser for Volusia County Florida. 

    Mr. Becker reviewed the Survey of emerging market conditions,   A  Quarterly survey analyzing data to produce forecasts for 31 of Florida's 67 counties.  The survey does not include Residential resale data.  Mr Becker Summarized his overall Florida Real Estate marked forecast as "We will Get less Bad".   Improvements in unemployment and availability of capital are  required before the market can improve.  View the survey at http://warrington.ufl.edu/fire/realestate/cres/survey.asp

Mr Gilreath, who recently released the estimate of 2010 taxable values to the Volusia count taxing authorities indicated that property values in Volusia County, which includes Daytona Beach and Ormond Beach Florida declined 17% in 2009 and have declined 24% through first 5 ,months of 2010.  Property values are now at 2002 levels and are approximately half of what they were prior to the bubble bursting.

Storefront business location for lease in Ormond By The Sea Florida.

Storefront business location for lease in Ormond By The Sea Florida. By Ocean View Realty Group. 
Excellent location. Near other businesses (ABC Liquor,Speedy Mart, etc.). Approx 1200 Sq Ft $1000. Monthly.

 

Minimum year lease and $1000 security deposit required.  Directly on State Road A1A with a view of the Atlantic Ocean.
For additional information about Ocean View Realty Group and Ormond By The Sea Florida visit our web site at http://www.ovrealty.com//  or email us at ovrealty@aol.com 


Ocean View Realty Group
1360 Ocean Shore Blvd. Suite A
Ormond Beach Florida 32176
Phone 386-441-8245
Toll free--USA and Canada 1-800-356-3409
fax 386-441-2407

Thinking of buying or selling an Ormond By The Sea home or condo?   Contact Realtor Rhonda Lehnen, or Shonda Stebleton at ovforsale@aol.com

For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com

Vacation rental information is on our vacation rental web site at http://www.ormondbeachcondorentals.com/

Ormond Beach Florida Seafood and Music Festival

Ormond Beach Florida Seafood and Music Festival

The 2010 Ormond Beach Seafood/Music Festival at Rockefeller Gardens on the Halifax will feature some of the finest restaurants in Ormond Beach and the Halifax Area and musical performances throughout the weekend will feature renowned entertainers at two performance stages.  A MarketPlace and business exhibitors will also be part of the festivities.

The festival is scheduled for Saturday June 19th from 10:00AM until 9:00PM and Sunday, June 20th from 10:00AM until 4:00PM . Admission is $3.00 for Adults, Children under 12 Free.

May, 2010 Ormond By The Sea Florida Homes sold by price range

 

May, 2010 Ormond By The Sea Florida Homes sold by price range.
Through the Daytona Beach Area Realtors Multiple Listing Service there were 19 Ormond By The Sea, Florida homes sold in May 2010. Five (26%) of the sales had bank involvement, either a short sale or foreclosure. Additionally, there are 47 homes under contract waiting closing. The highest priced home sold was a 3-bedroom on River Lane for $470,000 and the lowest priced was a 3-bedroom 2 bath on Carol Road for $60,000.


The chart below shows a breakdown of the Ormond By The Sea, Florida homes sold by price range.

Price range $in thousands	Number	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	5	0	3	2	0	3
100,000-149,999	9	0	4	5	0	2
150,000-249,999	3	0	1	2	0	0
250,000+	2	0	0	1	1	0
Total number	19	0	8	10	1	5

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

Volusia County Florida Pet Vet Cruiser, June 2010 schedule

Volusia County's Pet Vet Cruiser mobile clinic operates by appointment between 10 a.m. and 3 p.m. and will be at the Rockin' Ranch on June 2,7,10,21,24,28 on Nova Road in Ormond Beach.

Dates for services at the Oakbrook Professional Center on Spring Garden Avenue in DeLand are June 1,3,9,11,18,23,25 and 29.
June 4,8, and 30 at Volusia County Fire Station 23 on Pioneer Trail in New Smyrna Beach.

The Pet Vet Cruiser offers free and low-cost spay and neuter services to residents in the unincorporated areas of the county.  Fees are based on a sliding income scale.   For information or to schedule an appointment, call 386-626-6643 or visit volusia.org/animalcontrol/cruiser.htm

Ormond By The Sea Florida homes for sale May 31, 2010

  Homes for sale in Ormond By The Sea Florida

The inventory of Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Realtors Multiple Listing Service has increased to 131 since last month and an additional 47 homes under contract awaiting closing. Asking price for homes currently for sale range from $64,900 to $2.2 million.


                                            The chart below shows the homes for sale by price range

Price range in $ Thousands	Number	1Bdrm	2Bdrm	3Bdrm	4+Bdrm
Under 100	12	0	10	2	0
100-149	30	1	18	9	2
150-199	27	1	10	14	2
200-299	21	0	1	17	3
300-499	20	0	2	10	8
500-999	17	0	0	12	5
Over $1 Million	4	0	0	1	3
Total number of homes	131	2	41	65	23

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.

May 2010 Ormond By The Sea, Florida Condo Sold

Six condos sold in Ormond By The Sea, Florida during May 2010 through the Daytona Beach Area Realtors Multiple Listing Service.  There are also 16 condos under contract pending sales closing.   With an inventory of 104 Ormond By The Sea condos for sale if we continued to sell six each month and no new condos came on the market it would take almost 18 months to sell off the inventory.

    Condo                       Description                     Sold Price

Ocean Shore *            2 bedroom 1 bath                $53,250

Kingston Shores         2 bedroom 2 bath                $90,000

Sunny Beach Club*    2 bedroom 2 bath                $119,500

Ormond Breakers       2 bedroom 2 bath                $155,000

Seabridge North         2 bedroom 2 bath                $175,000

Gemini                      3 bedroom 2 bath                $440,000

*These sales involved a lender, either foreclosure of short sale.

 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.




     

Caffe Capri closes in Ormond By The Sea, Florida

Caffe Capri Ristorante at the Trails Shopping Center in Ormond By The Sea, Florida has closed. The popular restaurant had been in business since 2007.

Condos for sale in Ormond By The Sea Florida May 31 2010

Ormond By The Sea Florida condos for sale May 31, 2010

We began the year with 88 condos for sale in Ormond By the Sea, Florida and as of May 31, 2010 we have 104 for sale through the Daytona Beach Area Multiple Listing Service (MLS).  There are 56 priced $200,000 or lower and 3 of those are under $100,000. Additionally, there are 16 condos under contract pending closing and 7 of those were also pending last month. Below is a table breaking down the inventory by condominium name.

Condo	For Sale	Lowest $	Highest $	Year Built	Directly On The Beach
Aquarius	8	275,000	474,900	1973	Yes
Barrier Island	3	225,000	360,000	2000	No
Capriana	9	449,000	599,000	2006	Yes
Corinthian	2	125,000	159,900	1974	No
Court of Palms	1	119,900	119,900	1968	No
Fairwind Shores	5	140,000	219,000	1983-1987	No
Gemini	6	214,950	499,000	1984	Yes
Kingston Shores	7	100,000	219,900	1973	No
Leeward Winds	2	178,000	197,500	1990	No
Madeira Villa North, Central and South	5	134,200	164,900	1972	No
Oceanaire	1	160,000	160,000	1984	No
Oceanside	0	0	0	1973	No
Ocean Dunes	1	139,000	139,000	1997	No
Ormond Breakers	6	139,000	175,000	1974	No
Ormond By The Sea Club	2	219,900	279,000	1972	Yes
Ormondy	2	249,900	255,000	1986	Yes
Regency Plaza	8	149,500	226,000	1974	Yes
Sand Dunes	1	154,900	154,900	1985	No
Sands Point	2	99,000	299,900	1971	Yes
Seabridge	3	199,900	229,900	1991	No
Seabridge North	5	149,900	200,000	1994	No
Spinnaker	1	69,900	69,900	1987	No
Starboard Light	1	184,900	184,900	1981	No
Sunny Beach Club	0	0	0	1990	No
Sunrise	2	189,900	219,000	1986	No
Surfside Club	4	224,000	339,750	1971	Yes
Tiffany	3	299,900	700,000	1991	Yes
Villa Sereno	5	117,500	148,000	1973	No
Winchester Manor	2	74,99`0	120,000	1974	No
Windemere Shores	0	0	0	1973	No

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.