Ormond By the Sea Florida first quarter home sales analysis.
This table shows the houses sold in Ormond By the Sea Florida for the first 3 months of the year through the Daytona beach area realtors@ multiple listing service (MLS).
Year | # sales | Low $ | High $ | Average | Average ask $ | Average Sq. Ft | Price/ Sq. Ft | Average DOM |
2012 | 46 | $61,000 | $575,000 | $147,847 | $156,426 | 1479 | $100 | 74 |
2011 | 40 | $50,000 | $385,000 | 131,156 | $138,550 | 1304 | $101 | 83 |
2010 | 34 | $67,000 | $565,000 | 159,138 | 175,203 | 1456 | $109 | 133 |
2009 | 28 | $66,000 | $475,000 | $135,979 | 149,582 | 1211 | $112 | 80 |
2008 | 29 | $80,000 | $500,000 | $201,700 | $218,421 | 1376 | $147 | 102 |
2007 | 30 | $120,000 | $1,185,000 | $253547 | $271,393 | 1247 | $203 | 100 |
2006 | 22 | $190,000 | $600,000 | $285,796 | $301198 | 1267 | $226 | 84 |
The average days on the market so far this year is lower than any year since 2006 and the volume of sales is up. Both of those are good indicators for the market.The increase in the average sale price is potentially due to larger homes being sold since the average price per square foot is stable.
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