Real Estate Recovery Ormond By The Sea Florida Home sales 2011

Ormond By The Sea Florida mid-year Home sales analysis
This table shows the homes sold in Ormond By The Sea Florida for the first 6 months
of each 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

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 since sales prices are a little higher on average than they have been since 2008 and the number of sales is also up and is the highest volume of sales since 2005.  The average days on the market has also declined and is another indicator of a strengthening market.

 

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 
Seawinds penthouse vacation rental condo www.seawindspenthouse.com
Ormondy vacation rental condo in Ormond By The Sea Florida www.ormondycondo.com
Serving Ormond Beach and Ormond By The Sea in the Daytona Beach Florida area from the same location since 1991.

Homes and condos for sale by ocean View Realty Group    Ormond Beach Florida homes and condos for Lease by Ocean View Realty Group       Search the Daytona Beach area MLS     View Al's Linked-in profile     Follow Ocean View Realty Group on Twitter

subscribe to Al's ActiveRain Blog       

 

 
 

5 Comments on Real Estate Recovery Ormond By The Sea Florida Home sales 2011

JUL
30
2011
522,844 Points 10 Featured Posts Outside Blog Called Shot Master

I thought I was losing my mind for a moment.  No cracks.  I commented on a post yesterday, and came back today.  0 Comments.  Then I realized this is for houses, not condos. 

The numbers are improving.  Let's hope for a strong finish to the year!

8:27am • #1
638,817 Points 39 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Al, great news that the number of transactions is up for your area.  Now it's time for the sale prices to inch up and DOM to start falling.  Love the real estate recovery train that's stopped By the Sea!   Enjoy your week-end.
Pamela

10:36am • #2
686,370 Points 22 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Thanks for stopping by to read my blog and to comment today Ron and Pamela. 

Ron, Gotcha with that one.  Next time I'll wait a day between them.  Enjoy your weekend.

Pamela, affordable prices and interest rates are still near historic lows so everybody should be buying if they can. 

8:48pm • #3
AUG
16
2011
470,404 Points 24 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

HI Al,

Excellent market update and showing some pretty impressive recovery, while also showing that buyers are seeking good value and for seller to remain realistic and compeditive with their pricing

10:55am • #4
686,370 Points 22 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Thanks Peter and Linda, realistic seller pricing has not yet turned the corner but is improving IMHO.

11:22am • #5


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Al Raymondi-Ormond By The Sea Florida home and condo sales and rentals

Ormond Beach, FL

More about me…

Al Raymondi, Ocean View Realty Group in Ormond Beach Florida

Address: 1350 Ocean Shore Blvd., Suite A, Ormond Beach, Fl, 32176

Office Phone: (386) 441-8245

Cell Phone: (386) 290-8040

Email Me

Al Raymondi on Zillow

 

 

 

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