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Ormond By The Sea, Florida Condos Sold in November, 2011

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

Ormond By The Sea, Florida Condos Sold in November, 2011

Two condos sold in Ormond By The Sea, Florida during November, 2011 t
Ocean House Condo in Ormond By The Sea Florida
hrough the Daytona Beach Area Association ofRealtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure.
There are also 12 condos under contract pending sales closing and 8 of those involve a lender.
The 2 sales is lower than the 2010 monthly average of 5.5 sales and less than any November since 2005 and 2006 when there were also 2 condo sales.

Although there were only 2 sales this November, it is usually a slow month. Indeed, year to date there have already been more Ormond By The Sea condos sold than in any other year since 2005 where 110 condo were sold during that year.



Here is the list of the November, 2011 condo sales
.


 

Condo                       Description         Sold Price 

Ocean House*       1 bedroom 2 bath     $115,000
Ormondy**           3 bedroom 2 bath     $250,000



*
*These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

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(11)

Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Not sure if the prices are coming up, but it appears some are selling this year which is good,

Dec 15, 2011 09:21 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Al....it looks like your market is improving.....that's a good sign....

Dec 15, 2011 09:55 PM
Linda Edelwich
William Raveis Real Estate - Glastonbury, CT
Serving Glastonbury & Beyond | 218 New London Trnk

Wow those are great proices for beach condos!

Dec 15, 2011 10:02 PM
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Can't beat those prices Al and the numbers on total sales seems arounf average for Nov. You know Dec thru May will show a big uptick.

Dec 15, 2011 10:09 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 Dennis, Barbara, Linda and Marco for stopping by my blog to read and to comment today. I appreciate your time and comments.

Dennis , prices are fairly stable on average but better properties are selling for higher prices.

Barbara, yes it sure is looking like the market is moving in the right direction..

Linda , You are correct, we have relatively cheap ocean views.

Marco, yes we are looking to improve over the next few months.

Dec 15, 2011 10:18 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning AL, I am glad to see condominiums are selling in your area. I have seen a similar trend here in Nh as i placed 3 of my condo listings under contract since Thanksgiving. Now fingers are crossed they close on time. Do your markets pick  up once the snow birds get to town?

Dec 16, 2011 12:14 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

Lots more activity in the winter months when the town is full Scott.

Dec 16, 2011 12:24 AM
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Al.    Looks like you are moving these condos and why not?   Great prices, yes?

Dec 16, 2011 01:38 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 Cal, yes those priced right for this market are selling.

Dec 16, 2011 03:54 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Al,

Good market report for the condo's in your area. It appras that condo's are slling but at fairly low prices which certainly is good for he buyers. When do you think the price movement downward will end?

Dec 16, 2011 04:28 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 dropping in Bob, I think we are close to bottom but some of the distresses properties may continue to drag on values.  Nice properties seem to be holding their value more now.

Dec 16, 2011 06:30 AM