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Ormond By The Sea Florida multi year Condo sales analysis

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

Ormond By The Sea Florida Condo sales analysis

 

The past few years we have seen the inventory of Ormond By The Sea Florida condos for sale decrease while the number of sales is increasing and the average sold prices are up as well.

 

This chart shows the activity before and after the real estate bubble.

Year

Sales

Lowest$

Highest$

2/2*

2/2 average$*

2/2 Low $*

2/2 High $*

Directly on the beach

2001

87

49,250

270,000

55

$106,836

66,000

160,000

21

2002

117

55,000

339,000

69

$124,644

63,000

189,900

27

2003

109

64,500

350,000

59

$149,076

92,600

190,000

44

2004

84

78,000

599,000

41

$198,227

125,000

255,000

29

2005

111

128,000

840,000

74

$263,326

137,500

335,000

23

2006

43

117,000

810,000

24

$250,954

130,000

346,000

13

2007

50

110,000

830,000

28

$218,636

110,000

300,000

16

2008

41

110,000

720,000

25

$178,396

150,000

200,000

14

2009

59

50,000

595,000

35

$156,706

104,900

200,000

18

2010

66

47,251

550,000

44

$126,672

67,500

200,000

12

2011

79

40,425

495,000

38

$131,734

40,425

265,000

29

2012

79

37,000

380,000

46

$143,849

48,000

260,000

28

 

 *These are on the west side of A1A, across the road from the beach.

All sales information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).

 

 

Call Realtor® Rhonda Lehnen of Ocean View Realty Group for information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent 386-441-8245 or visit theOcean view Realty Group web site.where you can search the Daytona Beach area multiple listing service (MLS) anonymously.

Realtor® Rhonda can also prepare a free market analysis for you if you are thinking of selling your Ormond by the Sea Florida home or condo and help you get your property ready to sell. Email Realtor® Rhonda at ovforsale@aol.com.

 

 

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(4)

Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Al. Another good post filled with great and useful information. I guess you market for Rhonda? Enjoy the day. 

Apr 03, 2013 09:47 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Al.... another well researched chart for buyers and sellers to understand your market in Ormond by the Sea...

Apr 03, 2013 09:55 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

AL that is a great breakdown by year.  It tells the story or the last decade and the rise, the fall and the rise again. I hope things are well on the beach

Apr 04, 2013 12:11 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

Thank you for stopping by to read my blog and to comment Sheila, Barbara and Scott, I appreciate your comments and support.  Have a great day.

Sheila, thanks, yes Rhonda works for me.

Barbara,

thanks, yes there are lots of folks interested in market stats.

Scott, thanks, yes the market has improved a lot.

Apr 04, 2013 06:59 AM