Wednesday, July 18, 2012

Ormond By The Sea Florida homes for sale June 30 2012


Ormond By The Sea Florida homes for sale June 30 2012   Homes for sale in Ormond By The Sea Florida


There are 90 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of June 30, 2012.     An additional  36 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 13 of the 90 homes for sale (14%) but 16, more than a third (39%), of the 41 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $74,900 to $1,795,000.
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 are being sold quickly.  The number of homes for sale in Ormond By The Sea has increased since last month when there were 78 homes for sale.

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
8
0
6
2
0
3
100-149
20
0
16
4
0
4
150-199
8
0
2
5
1
 0
200-299
14
0
1
7
6
3
300-499
16
0
1
11
4
0
500-999
19
0
1
7
11
3
Over $1 Million
5
0
0
1
4
 0
Total number of homes
90
1
27
37
26
13
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. 

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale June



Plantation Bay Golf and Country Club  in Ormond Beach Florida Homes for sale June 30 2012 
Plantation Bay Golf and Country Club
 
Plantation Bay homes for sale as of June 30, 2012
There are 53 Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of June 30, 2012 and 6 of those homes involve a lender as either a short sale or foreclosure.  

Below is a chart listing the number of homes for sale by price range.
Price range  Homes Bank 
 Under $150,000  4 1
 150,000 to 199,000 11 1
 200,000 to 249,000 10 2
 250,000 to 299,000 8 0
 300,000 to 399,000 6 1
 400,000 to 799,000 10 1
 800,000 and over 4 0
Total  53 6


To view homes and condos available through Ocean View Realty Group or To search the entire Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale go to the sales page of this Ocean View Realty Group web site.  

Ormond By The Sea Florida mid-year Home sales analysis 2012

Ormond By The Sea Florida mid-year Home sales analysis 2012This table shows the homes sold in Ormond By The Sea Florida for the first 6 months 
of the year through the Daytona Beach Area Realtors® Multiple Listing Service (MLS)
 
Year
# Sales
Low $
High $
Average ask
Average sold
Average
SQ. FT
Price/sq. Ft avg $
Average DOM
2012  39 37,000 395,000 136,587 148,156 1207 113.09 108
2011
93
50,000
895,500
158,921
145,874
1464
99.64
104
2010
85
60,000
565,000
157,035
143,881
1380
104.26
115
2009
60
64,900
475,000
146,475
133,904
1222
109.58
93
2008
71
74,000
500,000
192,072
175,221
1279
137.00
84
2007
53
120,000
1,185,000
257,157
239,760
1256
190.89
103
2006
71
15,5000
1,200,000
337,277
321,657
1390
231.41
86
2005
161
150,000
1,050,000
291,034
279,467
1455
192.07
59
2004
126
100,000
930,000
220,071
212,248
1402
151.39
48
2003
123
79,000
690,000
181,551
171,966
1414
121.62
64
2002
134
54,000
625,000
142,313
135,149
1372
98.51
52
2001
120
53,000
585,000
118,595
113,249
1283
88.27
52
This is a real positive report even though the sales volume is reduced probably due in part to the lower inventory.  Sales prices are up a little and the price per square foot is also up.  Average days on the market seems relatively stable.

Plantation Bay Golf and Country Club Ormond Beach Florida Homes sold in June 201


Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in June, 2012

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 14 Plantation Bay Golf and Country Club home sold in June, 2012.  One of the sales had lender involvement as either a short sale or foreclosure.  All of the sales were in the price ranges, between $233,730 and $500,000.  An additional 6 Plantation Bay homes are under contract awaiting closing and 5 of those involve a lender either a short sale or foreclosure.
 Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in May

Ormond By the Sea Florida second quarter home sales analysis 2012


Ormond By the Sea Florida second quarter home sales analysis.
This table shows the homes sold in Ormond By the Sea Florida for the second 3 months of the year through the Daytona beach area realtors@ multiple listing service (MLS).
Year # sales Low $ High $ Average Average ask $ Average Sq. Ft Price/ Sq. Ft Average DOM
2012 51 $75,000 $645,000 $170,807 $183,635 1507 $113 83
2011 54 $58,660 $895,000 $157,260 $174,306 1580 $100 120
2010 51 $60,000 $485,000 $133,710 144,924 1329 $101 104
2009 33 $67,500 $430,000 $130,253 141,976 1222 $107 105
2008 42 $75,000 $500,000 $156,937 $173,879 1212 $129 71
2007 23 $120,000 $847,500 $221,778 $238,587 1267 $175 106
2006 49 $169,900 $1,200,000 $337,758 $353,476 1445 $234 86
The average days on the market so far this year is lower than any year since 2008 and the average sales price is up. Both of those are good indicators for the market.The average price per square foot is stable is the highest since 2008 and the average sold home size has decreased.
. 

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 web site at http://www.ovrealty.com/. 

Vacation rental information is at 
http://www.ormondbeachcondorentals.com/

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