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Ormond By The Sea, Florida Condos for sale as of December 31, 2011

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

Ormond By The Sea, Florida Condos for sale as of December 31, 2011

As of December 31, 2011 we have 53 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS).There are 41 priced under $200,000 and 2 of those are under $100,000. Additionally, there are 11 condos under contract pending closing of which 6 involve the lender as a short sale. There are 5 of the 53 condos for sale involving a lender , either short sales or foreclosures.

Short sales or foreclosures continue to be about 55% of the pending condos but less than 10% of the condos for sale indicating the banks are pricing their properties to sell while most owners are expecting to get more than the market will bear.

The inventory continues to decline as there were 61 Ormond By The Sea Florida condos actively for sale at the end of last month.

 
Below is a table breaking down the inventory by condominium name.
Condo name For
Sale
Lowest $ Highest $ Year Built Directly
On The Beach
Aquarius 2 179,900

229,000

1973 Yes
Atlantic 22 0 0 0 1990 No
Barrier Island 5 189,900 285,000 2000 No
Capriana 4 375,000 450,000 2006 Yes
Corinthian 1

103,900

103,900 1974 No
Court of Palms 0

0

0

1968 No
Fairwind Shores 3 140,000 189,000 83-87 No
Gemini 2 245,000 359,000 1984 Yes
Kingston Shores 5 85,000 199,900 1973 No
Las Olas 0

0

0

1997 No
Leeward Winds 3 149,900 164,900 1990 No
MadeiraVilla N,C
and South
1 124,900 124,900 71-72 No
Mariners Bay 0 0 0 1981 No
Ocean Dunes 1 139,000 139,000 1978 No
Ocean House

5

125,000 189,000 83-85 No
OceanShores 0 0 0 1973 No
Ocean Watch 1

145,000

145,000

1986 No
Oceanaire 1

124,900

124,900

1984 No
Oceanside 0 0 0 1973 No
Ormond Breakers 0 0 0 1974 No
Ormond By The Sea Club 1 214,900 214,900 1972 Yes
Ormondy 0

0

0

1986 Yes
Regency Plaza 6 139,900 179,900 1974 Yes
Sand Dunes 0

0

0

1985 No
Sands Point 0 0 0 1971 Yes
Seabridge 4 118,000 159,900 1991 No
Seabridge North 2 119,900 144,900 1994 No
Seascape 0 0 0 1983 No
Spinnaker 1 100,000 100,000 1987 No
Shoreham 0 0 0 1972 Yes
Starboard Light 1

179,000

179,000

1981 No
Sunny Beach Club 1

169,000

169,000

1990 No
Sunrise 1

179,900

179,900

1986 No
Surfside Club 1 249,500

249,500

1971 Yes
Tiffany 1 349,000 349,000 1991 Yes
Villa Sereno 0 0 0 1973 No
Winchester Manor 0

0

0

1974 No
Windemere Shores 0 0

0

1973 No
 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 the 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.

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

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Comments(9)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Al.... your marketplace is improving....nothing happens overnight but you're going in the right direction....

Jan 13, 2012 10:24 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Hi Al, Still amazed that more than half the condo sales in Ormond Beach are short sales for foreclosures...buyers, there are great deals awaiting you in this area!

Jan 13, 2012 11:27 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning AL, looks like condos are selling and the market continues to improve. It is going to be a cold Patriots game tonight, if you could send up some heat so i do not freeze please.

Jan 14, 2012 02:20 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Al,

Good chart of available Condo's in Ormond by the sea. Now creating that chart took a lot work with no doubt but once you create it you have to reuse. I like market reports that show available inventory in an easy to understand fashion.

Jan 14, 2012 03:30 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 stopping by to read my blog and to comment this morning Barbara, Larry & Sheila, Scott and Bob, I appreciate your comments.

Barbara, thanks, yes the market swings usually take a long time..

Larry & Sheila, thanks, yes there are some terrific deals.

Scott, thanks, 28 to 7 at halftime should keep you warm.

Bob, thanks for the kudos. Readable and understandable market reports are appreciated by lots of folks.

Jan 14, 2012 01:50 PM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Thank you for hte marketing reporsts. This is so much fun to see the positlve news of the other areas around the country.

Jan 14, 2012 02:32 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 Kevin, it is good to have positive news to report after a long downturn.

Jan 14, 2012 04:07 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

What a comprehensive real e state market report for condominiums in Ormond by the Sea!

Jan 15, 2012 04:16 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 kudos Renee.

Jan 15, 2012 11:05 PM