Thursday, April 12, 2012

Ormond By The Sea, Florida Condos for sale as of March 31 2012



Ormond By The Sea, Florida Condos for sale as of March 31 2012

As of March 31, 2012 we have 49 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 35 priced under $200,000 and 6 of those are under $100,000. Additionally, there are 21 condos under contract pending closing of which 9 involve the lender as a short sale or foreclosure. There are 7 of the 49 condos for sale involving a lender , either short sales or foreclosures.

Short sales or foreclosures continue to be about half of the pending condos but less than 15% of the condos for sale indicating the banks are pricing their properties to sell while many owners are expecting to get more than the market will bear.

The inventory continues decrease slightly as there were 54 Ormond By The Sea Florida condos actively for sale at the end of last month.


Below is a table breaking down the inventory by condominium name.

Condo Name For Sale Lowest $ Highest $ Year Built Directly On The Beach
Aquarius 2 243,900 289,000 1973 Yes
Atlantic 22 0 0 0 1990 No
Barrier Island 3 189,900 285,000 2000 No
Capriana 5 375,000 450,000 2006 Yes
Corinthian 1 96,900 96,900 1974 No
Court Of Palms 1 92,000 92,000 1968 No
Fairwind Shores 4 155,000 174,000 1983-87 No
Gemini 0 0 0 1984 Yes
Kingston Shores 2 95,000 115,000 1973 No
Las Olas 0 0 0 1997 No
Leeward Winds 1 155,400 155,400 1990 No
Madeira Villa N,C and South 1 122,000 122,000 1971-72 No
Mariners Bay 0 0 0 1981 No
Ocean Dunes 0 0 0 1978 No
Ocean House 4 148,900 184,000 1983-85 No
Ocean Shores 0 0 0 1973 No
Ocean Watch 2 145,000 180,000 1986 No
Oceanaire 0 0 0 1984 No
Oceanside 0 0 0 1973 No
Ormond Breakers 1 169,900 169,900 1974 No
Ormond By The Sea Club 1 214,900 214,900 1972 Yes
Ormondy 0 0 0 1986 Yes
Regency Plaza 3 134,900 179,900 1974 Yes
Sand Dunes 0 0 0 1985 No
Sands Point 0 0 0 1971 Yes
Seabridge 2 138,000 139,900 1991 No
Seabridge North 1 134,900 189,900 1994 No
Seascape 0 0 0 1983 No
Spinnaker 1 100,000 100,000 1987 No
Shoreham 0 0 0 1972 Yes
Starboard Light 2 144,375 179,000 1981 No
Sunny Beach Club 0 0 0 1990 No
Sunrise 1 159,900 159,900 1986 No
Surfside Club 3 190,000 250,000 1971 Yes
Tiffany 1 349,000 349,000 1991 Yes
Van Lee 1 194,900 194,900 1982 Yes
Vila Sereno 1 118,400 118,400 1973 No
Winchester Manor 3 65,900 84,900 1974 No
Windemere Shores 1 200,000 200,000 1973 No
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 the Ocean View Realty Group web site.

Ormond By The Sea, Florida Condos Sold in March, 2012

Ormond By The Sea, Florida Condos Sold in March, 2012

Nine condos sold in Ormond By The Sea, Florida during March, 2012 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure.
There are also 21 condos under contract pending sales closing and 9 of those
involve a lender.


Here is the list of the March, 2012 condo sales
.


Condo Description Sold Price
Kingston Shores* 2 Bedroom 2 Bath $48,000
Seabridge North* 2 Bedroom 2 Bath $104,000
Seabridge 2 Bedroom 2 Bath $105,000

Maderia Villa North 2 Bedroom 2 Bath $106,000
Oceanaire 2 Bedroom 2 Bath $110,000
Ormomd Breakers 2 Bedroom 2 Bath $120,000
Regency Plaza** 2 Bedroom 2 Bath $129,920
Regency Plaza** 1 Bedroom 1Bath $130,000
Fairwind Shores* 2 Bedroom 2Bath $140,000
Fairwind Shores 2 Bedroom 2 Bath $147,900
Sunny Beach 3 Bedroom 2 Bath $154,000
Windemere Shore 2 Bedroom 2 Bath $156,500
Surfside Club** 2 Bedroom 2 Bath $ 200,000
Gemini** 3 Bedroom 2 Bath $300,000



**These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

Tuesday, April 10, 2012

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in 2011


Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in 2011
Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 43 Plantation Bay Golf and Country Club homes sold in 2011. This volume of homes sold is higher than 3 opf the past 6 years. Last year there were 58 sales and 13 of those 2010 sales involved a lender as either a short sale or foreclosure while in 2011 only 6 of the sales had bank involvement.
2010 Plantation Bay home sales by price range.
$ Price range
in thousands
Number
of sales
2 Bedroom
3 Bedroom
4 or more
Bedrooms
Lender
involved
Under 150
2
1
1
0
2
150-199
9
2
7
0
2
200-249
4
0
3
1
1
250-299
8
0
4
4
1
300-399
10
0
1
9
0
400+
10
0
4
6
0
Totals
43
3
20
20
6

Ormond By The Sea Florida homes for sale March 31 2012



Ormond By The Sea Florida homes for sale March 31, 2012Homes for sale in Ormond By The Sea Florida

There are 94 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of March 31, 2012. An additional 35 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 16 of the 94 homes for sale (17%) but 14, almost half (40%), of the 35 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $74,900 to $1,995,000.
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 will be sold quickly.

The chart below 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
7
1
5
1
0
2
100-149
25
0
19
6
0
6
150-199
8
0
5
3
0
0
200-299
17
0
0
8
9
3
300-499
16
0
1
10
5
2
500-999
19
0
0
8
11
3
Over $1 Million
2
0
0
0
2
0
Total number of homes
94
1
30
36
27
16
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.

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