Ormond By The Sea, Florida Quarterly homes sold analysis for the Second quarter 2011
Almost 40% (19) of the 53 homes sold in Ormond By The Sea, Florida during the second quarter of 2011, through the Daytona Beach area Association of Realtors® multiple listing service (MLS) had lender involvement. Lender involvement would be a short sale, foreclosure or lender owned property.
The lowest sold price during the quarter was $58,660 for a 2 bedroom 2 bath on Palmetto Drive and the highest was a 4 bedroom 3 bath on John Anderson Drive for $895,000.
Comparing 2011 to previous years, the chart below shows an increase in values and an increase in the number of sales. Average living area for homes sold was 1585 and the average sold price was $156,982. The average sale is at about 95% of the list price for the second quarter 2011 sales.
Ormond By The Sea, Florida homes sold in the second calendar quarter (April to June) by year.
Year Sold Lowest $ Highest $ Average sold price
2011 53 58,660 895,000 156,982
2010 51 60,000 485,000 133,709
2009 32 67,500 430,000 132,089
2008 42 74,000 500,000 156,937
2007 23 120,000 847,500 221,778
2006 49 155,000 1,200,000 337,758
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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