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Ormond By The Sea, Florida condo market analysis February 28, 2010

By
Real Estate Broker/Owner with Ocean View Realty Group in Ormond By The Sea Florida BK559597

We have 6 more condos for sale in Ormond By The Sea through the Daytona Beach Area Multiple Listing Service than at the beginning of February 2010.   The 94 condos currently for sale range in asking price from $83,900 for a first floor at Winchester Manor to $750,000 for the first floor 4 bedroom at the Tiffany, and 53 of the 94 are asking $200,000 or less.  In addition to the 94 for sale there are 9 condos under contract awaiting closing, 6 of which were also pending at the beginning of February 2010.  Many Ormond By The Sea, Florida condo owners continue to have expectations higher that what the current condo market will bear, as reflected in their asking price. May-be some of them will get lucky and sell above market. The table below summarizes the current for sale inventory of Ormond By The Sea, Florida condos for sale by condo building. 

    Condo 

 

For Sale

 

Lowest $

 

Highest $

 

Year Built

 

Directly On The Beach

 

Aquarius

 

5

 

275,000

 

369,000

 

1973

 

Yes

 

Barrier Island

 

2

 

225,000

 

360,000

 

2000

 

No

 

Capriana

 

9

 

449,000

 

599,000

 

2006

 

Yes

 

Corinthian

 

1

 

159,900

 

159,900

 

1974

 

No

 

Court of Palms

 

1

 

109,000

 

109,000

 

1968

 

No

 

Fairwind Shores

 

8

 

149,000

 

269,900

 

1983-1987

 

No

 

Gemini

 

5

 

214,950

 

499,000

 

1984

 

Yes

 

Kingston Shores

 

9

 

114,900

 

249,900

 

1973

 

No

 

Leeward Winds

 

2

 

178,000

 

215,000

 

1990

 

No

 

Madeira Villa

 

4

 

134,200

 

172,000

 

1972

 

No

 

Ocean House

 

3

 

139,900

 

174,500

 

1981

 

No

 

Ocean Shores

 

2

 

89,000

 

89,900

 

1973

 

No

 

Ocean Watch

 

3

 

135,000

 

179,000

 

1986

 

No

 

Oceanaire

 

1

 

150,000

 

150,000

 

1984

 

No

 

Oceanside

 

1

 

129,000

 

129,000

 

1973

 

No

 

Ormond Breakers

 

7

 

127,300

 

179,900

 

1974

 

No

 

Ormond By The Sea Club

 

1

 

279,000

 

279,000

 

1972

 

Yes

 

Ormondy

 

2

 

249,900

 

299,900

 

1985

 

Yes

 

Regency Plaza

 

3

 

159,900

 

226,000

 

1974

 

Yes

 

Sand Dunes

 

2

 

149,000

 

165,000

 

1985

 

No

 

Sands Point

 

2

 

99,000

 

125,900

 

1971

 

Yes

 

Seabridge

 

3

 

199,900

 

239,000

 

1991

 

No

 

Seabridge North

 

5

 

149,900

 

200,000

 

1994

 

No

 

Starboard Light

 

1

 

184,900

 

184,900

 

1981

 

No

 

Sunny Beach Club

 

1

 

145,000

 

145,000

 

1990

 

No

 

Surfside Club

 

3

 

247,500

 

339,750

 

1971

 

Yes

 

Tiffany

 

3

 

329,900

 

750,000

 

1991

 

Yes

 

Villa Sereno

 

3

 

129,500

 

148,000

 

1973

 

No

 

Winchester Manor

 

1

 

83,900

 

83,900

 

1974

 

No

 

Windemere Shores

 

1

 

219,000

 

219,000

 

1973

 

No

 

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.

Posted by

 

Have a great day

Al Raymondi
Ocean View Realty Group
1350 Ocean Shore Blvd. Suite A
Ormond Beach, FL 32176
Ormond By The Sea Florida sales and rentals of homes and condos www.ovrealty.com 
Click the Realtor Logo below to search the Daytona Beach Florida area MLS anonymously.
386-441-8245
Fax 386-441-2407
Mail to ovrealty@aol.com
Ormond By The Sea Florida Vacation rental homes and condos information is at www.ormondbeachcondorentals.com 

Serving Ormond Beach and Ormond By The Sea in the Daytona Beach Florida area from the same location since 1991.

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