Ormond Owners Report for 3rd Quarter, 2018

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

Ormond Owners Report

Third Quarter 2018


Hello from Ormond By The Sea Florida

 

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

 

BUSINESS BRIEFS

- Lucky’s Market will be opening soon on Granada Blvd. in the former Food Lion store.
- The Daytona Zipline Aerial Adventure has reopened at Tuscawilla Park.
- Canadian Airline Sunwing will begin service to Toronto from Daytona Beach in January.
- Zaxby’s has opened at 1287 W Granada.   

 

LOCAL NOTES
- Wall calendars for 2019 are available at the Ocean View Realty Group office.  Stop in and say hi and get yours while they last.
- Florida Hospital building on A1A will be demolished.
- Many new dining, shopping and entertainment options are coming available at One Daytona, Tanger Outlet Mall and    Tomoka Town Center.

Ormond By The Sea, Florida 3rd Qtr Condo Sales Analysis 2018

This table shows the condos sold in Ormond By The Sea, Florida for the third 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS).  The volume of sales has been steady for a few years and values are increasing . Both of those are good indicators for the market. The increase in days on the market may be a product of the lower inventories and market activity since condos that have been on the market longer are now selling.

 

Year

# Sales

Low $

Sold

High $

Sold

Average

Sold $

Average ask $

Average

Sq. Ft

$/sq.ft

Avg DOM

2018

30

64,000

610,000

196,105

202,404

1150

172

91

2017

34

85,000

560,000

222,702

233,003

1227

181

141

2016

36

132,500

555,000

225,053

235,247

1223

183

156

2015

37

115900

475000

200091

210203

1256

172

121

2014

38

102500

335000

190513

164850

1270

150

104

2013

30

80000

365000

181341

191520

1196

152

139

2012

26

75000

380000

156521

170784

1131

138

149

2011

17

85600

495000

180024

203737

1354

133

199

2010

15

65000

530000

151400

165520

1169

130

108

2009

22

59900

595000

186864

214481

1167

160

164

 

Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our website www.ovrealty.com  and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245.  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, FL.

 



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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