About Volusia County, FL

Only one of the 7 January 2010 Ormond By The Sea, Florida homes that sold were bank owned or short sales. There are 35 additional homes under contract awaiting closing and almost 70% of those are forclosures or short sales. A short sale is when the lender accepts less than what is owed on the mortgage for a property. Last January (2009) there were 5 sales, and in January 2007 & 2008 there were 10 homes sold.
The homes sold in Ormond By The Sea, Florida in January 2010 range in price from a 2-bedroom 1-bath on Azalea Drive for $89,900 to a 4-bedroom on Sea Oats Terrace with a pool and ocean view for $450,000. The average sales price for the 7 sales was $178,743. The Sea Oats sale was a short sale and added $45,000 to the average sale price for the month.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent 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.

As a follow-up to my recent post titled "South Daytona Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. And for statistical purposes I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales.

As you can see by the sales numbers, a significant number of the 2009 real estate sales for the city of South Daytona were NOT traditional seller-to-buyer sales. Read my previous post in the link at the beginning of this post to see all the data on the real estate listings and sales for South Daytona for the last decade (information provided by the Daytona Beach Area Association of REALTORS® and Multiple Listings Service -MLS-)

To buy a house or condo in Daytona Beach, or to sell a house or condo in Daytona Beach (or to buy or sell any type of real estate) make a Smart Choice and contact Lisa Hill for all your real estate needs.

www.DaytonaBeachRealEstateSales.com

As a follow-up to my recent post titled "Port Orange Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. For statistical purposes, on this graph I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales.

As indicated in the bar graph, for the city of Port Orange, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Daytona Beach were NOT traditional seller-to-buyer sales. But Port Orange had a lower number of foreclosure sales and short sales, which is good news for Port Orange real estate sellers.

Read my previous post in the link at the beginning of this post to see all the data on the real estate listings and sales for Port Orange for the last decade (information provided by the Daytona Beach Area Association of REALTORS® and Multiple Listings Service - MLS).

To buy a house or condo in Port Orange, FL, or to sell a house or condo in Port Orange, FL (or to buy or sell any type of real estate) make a Smart Choice and contact Lisa Hill for all your real estate needs.

www.DaytonaBeachRealEstateSales.com

www.PortOrangeRealEstateSales.com

In January 2010 through the Daytona Beach area MLS there were 2 condos that sold in Ormond By The Sea, Florida. A 1-bedroom at Ocean Shores Condo sold for $50,000 and a 3-bedroom at Oceanaire sold for $250,000. Since 2006 there have been 4 or fewer sales every January. There were 13 sales in January, 2005. There are currently 7 Ormond By The Sea condos under contract awaiting closing. The Ocean Shores condo was a renovated 3rd floor unit that was on the market 91 days. The Oceanaire condo was a top floor unit with a large roof deck, storm shutters and a fireplace that was on the market for 327 days.

As an example of how values have droopped in recent years, the Oceanaire 3-bedroom that sold has one other just like it that sold in 2005 for $500,000 and again in 2006 for $400,000.

For information about Ormond By The Sea Florida homes and condos for sale and for rent visit the Ocean View Realty Group web site at www.ovrealty.com

As a follow-up to my recent post titled "Daytona Beach Shores Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. For statistical purposes, on this graph I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales.

As you can see by the sales numbers, Daytona Beach Shores fared better than the city of Daytona Beach, regarding the number of the 2009 real estate sales that were not traditional seller-to-buyer sales.

Read my previous post in the link above to see all the data on the real estate listings and sales for Daytona Beach Shores for the last decade (information provided by the Daytona Beach Area Association of REALTORS® and Multiple Listings Service, MLS).

To buy a house or condo in Daytona Beach Shores, or to sell a house or condo in Daytona Beach Shores (or to buy or sell any type of real estate) make a Smart Choice and contact Lisa Hill for all your real estate needs.

www.DaytonaBeachRealEstateSales.com