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Ormond By The Sea Florida Homes sold in September 2011

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

Ormond By The Sea Florida Homes sold in September, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 15 Ormond By The Sea, Florida homes sold in September, 2011. Four (4) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 35 homes under contract waiting closing and 18 of those have lender involvement. The highest priced home sold was a 3 bedroom on Capistrano Dr for $240,000 and the lowest priced was a 2-bedroom 1 bath on Ocean Shore Drive for $67,000.

There were fewer homes sold in September, 2011 than in the past 2 years but this September saw more homes sold than in September of 2007 and 2008.
The high number of homes under contract (36) and the reduction in the inventory (89 homes for sale) are both good signs that the market may be getting stronger.

Ormond By The Sea, Florida homes sold in September, 2011 by price range.

Price range
$in thousands

 

Number

sold

 

1Bdrm

 

2Bdrm

 

3Bdrm

 

4+Bdrm

 

Lender involved

Under $100,000

 

6

 

0

 

6

 

0

 

0

 

2

100,000-149,999

 

5

 

0

 

2

 

3

 

0

 

1

150,000-249,999

 

4

 

0

 

0

 

3

 

1

 

1

250,000+

0

0

0

0

0

0

Total number

 

15

 

0

 

8

 

6

 

1

 

4

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

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 (4)

Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Al!     Dare I say it?   That seems to be good news!

Oct 22, 2011 12:18 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning Al, we are seeing similar trends are as our inventory is down 30% and pending sales are up 18%. Good to see things moving in your area. have a great weekend

Oct 22, 2011 04:29 AM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Al, it is difficult to believe that you can buy a home for less than 100K in your area. 

Oct 22, 2011 09:12 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 Cal, Scott and Ron, I appreciate your comments.

Cal, yes there is good news there, let's hope the trend continues.

Scott, better markets in the northeast is good news for us since folks can cash out up north and head to Florida to buy.

Ron, yup, still possible to bet a home under $100,000.

Oct 22, 2011 11:44 PM