Ormond By The Sea Florida mid-year condo sales analysis 2016

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Ormond By The Sea Florida mid-year condo sales analysis 2016

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)

The volume of sales has been steady for a few years 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.

Year	Sales	Low $	High $	Average sold $	Average ask $	Average Sq. Ft	sq. Ft. avg $	Avg DOM
2016	51	67,500	585,000	212,327	222,365	1237	172	127
2015	53	47,500	360,000	157,656	167,025	1217	131	163
2014	54	37,500	322,725	152,806	161,269	1203	127	106
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

Ormond By the Sea Florida second quarter home sales analysis 2016

Ormond By the Sea Florida second quarter home sales analysis 2016

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).

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.

Year	sales	Low $	High $	Avg sold $	Avg ask $	Avg Sq. Ft	Price/ Sq. Ft	Avg DOM
2016	76	70,000	675,000	223,230	232,469	1432	161	94
2015	78	80,000	920,000	185,215	195,499	1446	129	155
2014	77	90,500	610,000	185,569	195,754	1539	121	102
2013	50	70,000	1,175,000	186,863	210,579	1446	129	109
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 (DOM) has decreased and the number of sales is slightly lower than 2015. Home values continue to increase.

For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale and for rent call Realtor® Rhonda Lehnen at 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.

For information about Ormond Beach and Ormond By The Sea homes and condos for saleor rent, contact Ocean View Realty Group or visit our web site athttp://www.ovrealty.com/.

This graphic compares the number of sales to previous years.



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