Ormond By The Sea, Florida Condos Sold February 2011
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| Seabridge North Condo |
Five condos sold in Ormond By The Sea, Florida during February, 2011 through the Daytona Beach Area Realtors® Multiple Listing Service (MLS), three of which involved a lender. That number is consistent with the 2010 average of 5.5 sales each month and is higher than February 2009 and 2010 during which there were only 2 sales each. There are also 12 condos under contract pending sales closing and 5 of those involves a lender.
Of the 85 condos actively for sale on the market, 10 involve a lender.
Of the 85 condos actively for sale on the market, 10 involve a lender.
The high inventory of 85 Ormond By The Sea condos for sale continues to indicate a buyers market and is about 17 months of inventory if we continue to sell 5 each month. There was an average of 5.5 condos sold each month in 2010.Here is the list of the January 2011 condo sales.
Condo Description Sold Price
Starboard Light 2 bedroom 1 bath $99,900 **Fairwind Shores 2 bedroom 2 bath $101,000 **
Ocean House 2 bedroom 2 bath $120,500 **
Seabridge North 2 bedroom 2 bath $150,000Gemini* 3 bedroom 2 bath $284,000
*These Condo buildings are directly on the beach
** these sales involved a lender as a short sale or foreclosure.
Ocean House 2 bedroom 2 bath $120,500 **
Seabridge North 2 bedroom 2 bath $150,000Gemini* 3 bedroom 2 bath $284,000
*These Condo buildings are directly on the beach
** these sales involved a lender as a short sale or foreclosure.
lower and 8 of those are under $100,000. Additionally, there are 13 condos under contract pending closing of which 5 involve the lender. There are 10 of the 85 condos for sale involving a lender , either short sales or foreclosures. 
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