Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in December 2011

Plantation Bay Golf and Country Club in Ormond Beach Florida Homes sold in December 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 4 Plantation Bay Golf and Country Club home sold in December, 2011. One of those have lender involvement as either a short sale or foreclosure.

The Plantation Bay homes sold were:

3 bedroom on Bay Pointe Dr for $170,000
3 bedroom on Sunningdale Ln for $175,000
3 bedroom on Gale Ln for $200,000
4 bedroom on Dovercourt Ln for $513,000

The 4 sales in December, 2011 equals the volume of sales in the month of November. December, 2011 with the 4 sales gives a good indicator that the market here is making the required corrections to once again become balanced. Reduced inventory, low interest rates and reduced values are all contributing to attracting buyers and to improvements in the real estate market in Plantation Bay.