Ormond Owners Report First Quarter 2017

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

ORMOND OWNERS REPORT

First Quarter 2017

Hello From Ormond By The Sea Florida

Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo owners local information that they may not otherwise receive.

BUSINESS BRIEFS

-Heffers Twoo restaurant has closed.

-Crab Island Cafe is now open in the space vacated by Heffers Twoo.

-Ocean View Realty Group has added a web site for Indies House vacation rentals at http://www.indieshousecondo.com/

LOCAL NOTES
-The Daytona Beach Convention Hotel and Condo has broken ground at A1A and Oakridge Blvd in Daytona Beach.  The project includes 501 hotel rooms and 128 condo units.  
-Bass Pro Shops is now open across the street from the speedway at One Daytona.

Ormond By The Sea Florida first quarter condo sales analysis 2017
This table shows the condos 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).  The volume of sales has been steady for several years except for last year and values are increasing . Both of those are good indicators for the market.  

Year

#Sales

Low $ sold

High $ sold

Avg $ sold

Avg ask $

Avg Sq. ft.

$/sq. ft.

Avg

DOM

2017

24

87,500

470,000

207,647

218,355

1353

170

110

2016

17

75,000

585,000

204,318

212,718

1324

154

129

2015

20

63,000

350,000

171,980

180,175

1403

123

198

2014

23

37,500

322,725

145,710

157,717

1316

111

136

2013

27

65,000

210,000

129,356

137,255

1154

112

218

2012

14

48,000

275,000

156,100

137,594

1329

104

163

2011

16

40,425

284,000

144,320

152,897

1420

102

220

2010

9

50,000

550,000

195,211

227,900

1658

118

429

2009

 11

95,000

474,900

209,027

234,864

1335

157

408

2008

10

137,000

224,900

169,490

187,000

1031

164

426

Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our web site www.ovrealty.com and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245 or outside Florida toll free call 1-800-356-3409. Email for rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling ovforsale@aol.com.

Real estate market information is updated on the Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for sale and sold in Ormond By The Sea Florida.

 

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

subscribe to Al's ActiveRain Blog       

 

 
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Ambassador
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Harry F. D'Elia
RentVest - Phoenix, AZ
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Thanks for sharing your local real estate information with us today

May 12, 2017 05:18 AM #1
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable information for home buyers and sellers in the Ormond real estate market!

May 12, 2017 06:14 PM #2
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Rainmaker
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Al Raymondi

Ormond By The Sea Florida - Home and Condo Sales
Come live by the beach in Ormond By The Sea Florida
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