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Ormond By The Sea Florida homes for sale November 30, 2011

By
Real Estate Broker/Owner with Ocean View Realty Group in Ormond By The Sea Florida BK559597
Ormond By The Sea Florida homes for sale
November 30, 2011
 Homes for sale in Ormond By The Sea Florida
There are 86 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of November 30, 2011. An additional 25 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.
 
 
The inventory of Ormond By The Sea Florida homes for sale continues to be fairly stable while inching lower and that is a good indicator that the market may be back to being more balanced between buyers and sellers. There are investors waiting for the lower priced homes to come available and if they come on the market at a reasonable price they will be sold quickly.

At the end of November last year there were104 homes for sale for sale in Ormond By The Sea and a year later (now) there are 86.  The reduced inventory is a good sign that the market is returning to a more balanced market between buyers and sellers.  Fewer choices for buyers means less downward pressure on sales prices.

The chart below 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

5

0

5

0

0

3

100-149

23

0

17

5

1

5

150-199

12

0

0

10

2

3

200-299

10

0

0

6

4

2

300-499

15

0

1

9

5

1

500-999

17

0

0

8

9

1

Over $1 Million

4

0

0

1

3

0

Total number of homes

86

0

23

39

24

15
 
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. 
 
 
 
 
 
 
 
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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Comments (8)

Frank Laisch
Orlando, FL
"The Insurance Guy"

Great news Al! Ormond is a great place, we have some great customers in Ormond and have see some good movement in the real estate market, I hope it continues in 2012. Thanks for Sharing

Dec 14, 2011 10:38 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hello Al,

Home sales are on the way upward and listings are down. A good sign for a housing recovery that is well underway.

Keep up the great work. Be ready for a really busy 2012 my friend in Ormond by the Sea,

Best, Clint Mckie

Dec 14, 2011 10:42 PM
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Al - it looks like the aggressive pricing is pushing sales.  Enjoy your day in this joyous season of the year!

Dec 14, 2011 10:42 PM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Thanks Frank, Clint and Barbara for stopping by my blog to read and to comment today. I appreciate your time and comments.

Frank , You are correct, Ormond is a great place. Best to you for 2012.

Clint, there sure is a lot of hope that the worst is over.

Barbara, there sure is a lot of truth to getting properties priced right for the market gets them sold.

Dec 14, 2011 10:52 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Al....glad to see that your Ormond Beach inventory is reducing....that IS a good sign that the market is leveling off...

Dec 14, 2011 11:58 PM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Thanks Barbara, we are expecting the low inventory to continue and that should make for an interesting 2012.

Dec 15, 2011 12:33 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Al,

Really good market report as it got to the key points and was easy to read and understand. I really like the chart you created. Its good to hear that there is more of  a balance of buyers an sellers in your market.

Dec 15, 2011 07:10 AM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Thanks for the kind words Bob.

Dec 15, 2011 11:10 PM