Ormond By The Sea Florida mid-year condo sales analysis

Ormond By The Sea Florida mid-year condo sales analysis

This table shows the condos 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 sold $	Average ask $	Average Sq. Ft	sq. Ft. avg $	Avg DOM
2013	55	65,000	390,000	154,222	167,058	1236	125	122
2012	39	37,000	395,000	136,588	148,156	1208	113	108
2011	17	40,425	284,000	$144,320	152,898	1260	121	94
2010	10	50,000	550,000	195,211	227,900	1399	139	226
2009	12	95,000	474,900	209,027	234,864	1204	174	196
2008	11	137,000	210,000	169,490	187,000	985	172	133
2007	8	130,000	345,000	257,875	273,550	1233	209	81
2006	5	150,000	350,000	255,600	274,200	1131	226	101

The volume of sales is up 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.

House of Donuts For Sale in Ormond by The Sea, FL

1350F Ocean Shore Blvd.

Ormond Beach, FL 32176

House of Donuts in Ormond By The Sea Florida $78,000

The House of Donuts has thirty-six different types of donuts. They are open seven days a week from six in the morning till three in the afternoon. They have bagels, muffin's, and donuts and they have an assortment of drinks. Their specialty is a combo which includes a small coffee, a donut of your choice and one breakfast sandwich made to order for just six dollars. The House of Donuts accepts all types of credit cards.  Get there early if you want the Donut holes.
The customers say it's the best coffee on the peninsula.     
The business only is for sale, no real estate.    

Long established business with a great reputation. Complete turn key operation for the right individual. Located in high traffic strip plaza and just steps from the beach. Owner will stay on for 2 weeks to train. All equipment, fixtures, furnishings, inventory, etc included. Do not disturb Business or employees. Details confidential. Great donuts and breakfast sandwiches.  $78,000.

A great location on A1A, about 3 miles North of Granada Blvd. (SR 40),  House of Donuts is in the same plaza as Ocean View Realty Group and Stavros Pizza at 1350 Ocean Shore Blvd. in Ormond By The Sea Florida.

 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/.

Rhonda Lehnen is our sales specialist – ovforsale@aol.com

Deanna Thomas and Jeanne Labonte are our rental specialist – ovrentals@aol.com

Ocean View Realty Group

1350 Ocean shore Blvd. Suite A

Ormond Beach, Fl 32176

386-441-8245

Fax 386-441-2407

Toll free USA & Canada 1-800-356-3409

Vacation rental information is at www.ormondbeachcondorentals.com

Ormond By The Sea Florida Homes sold in July 2013

Ormond By The Sea Florida Homes sold in July 2013

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 18 Ormond By The Sea, Florida homes sold in July, 2013.  Two (2) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 42 homes under contract waiting closing and 16 of those have lender involvement. The highest priced home sold was a 4 bedroom 3 bath on John Anderson Dr.  for $460,000 and the lowest priced was a 3 bedroom 1 bath on Brooks Dr. for $67,500. 

Ormond By The Sea, Florida homes sold in May, 2013 by price range.

Price range $in thousands	Number sold	1Bdrm	2Bdrm	3Bdrm	4+Bdrm	Lender involved
Under $100,000	3	0	1	2	0	2
100,000-149,999	7	0	6	1	0	0
150,000-249,999	6	0	1	5	0	0
250,000+	2	0	0	1	1	0
Total number	18	0	8	9	1	2

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 www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Here is a chart showing Ormond By The Sea Florida homes sold in May comparing previous years.

It is amazing to see how consistent sales have been in July over the past 4 years.

Call Realtor® Rhonda Lehnen of Ocean View Realty Group for information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent 386-441-8245 or visit the Ocean view Realty Group web site.where you can search the Daytona Beach area multiple listing service (MLS) anonymously.  

Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com.

Front Porch Friday in Daytona Beach

Front Porch Friday in Daytona Beach

August 23, 2013

7 a.m. – 9 p.m. Riverfront Market on Beach Street in downtown Daytona Beach Florida. Have a blast and celebrate the past with this rockin' monthly event! Each Fourth Friday features a different decade and a variety of activities to enjoy.  Browse the vast array of sidewalk sales from 11AM to 5PM, health and fitness specials from 7AM to 7PM, a get happy hour from 3PM to 6PM.  

Don't miss the One Night Works art contest at 4PM, FREE movie in the park at dusk, the Downtown Decade historical event at the Halifax Historical Museum and more! This month celebrates the 1920's and the featured film is The Great Gatsby.

Visit the web site page for the Front Porch Friday Festival for more details.

Front Porch Friday Festival

Ormond By The Sea Florida homes for sale July 31 2013

Ormond By The Sea Florida homes for sale

July 31 2013

Homes for sale in Ormond By The Sea Florida

There are 80 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of July 31, 2013, the same number as at the end of last month.     An additional  46 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 8 of the 80 homes for sale but 16, of the 46 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $89,900 to $1,290,000.

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.  

At the beginning of 2012 there were 25 Ormond By The Sea homes under contract and now there are 46, which is another good indicator for the health of the market.

At the beginning of this year there were 91 Ormond By The Sea Florida homes for sale so the inventory has been reduced which will help strengthen the market.

This chart 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	2	0	2	0	0	1
100-149	17	0	14	3	0	2
150-199	17	0	13	3	1	4
200-299	13	0	1	10	2	1
300-499	15	0	3	10	2	0
500-999	11	0	1	5	5	0
Over $1 Million	5	0	1	2	2	0
Total number of homes	80	0	29	39	12	8

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.


Realtor® Rhonda Lehnen of Ocean View Realty Group can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell.  Email Realtor® Rhonda at ovforsale@aol.com.