Ormond Beach, FL

Ormond By The Sea Florida 4th Quarter home sales analysis

This table shows in the October(1st) to December (31st) quarter by year for 11 years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons.
4th Quarter home sales

Ormond By The Sea Florida market trends

The average days on the market has been coming down the past few years as the inventory of available homes is reduced. The number of sales was lower in 2011 than the previous 2 years but higher than the other years going back to 2005.
This graphic shows in the 4th quarter average sales prices by year for 11 years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons. Sales prices are relatively stable over the past 4 years and I expect that to continue through 2012.

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

Real Estate Values.

Watering restrictions for the Ormond Beach Florida area

Lawn and landscape irrigation in Ormond Beach, Daytona Beach and the rest of Volusia County have new restrictions in place. Beginning March 11, 2012 new watering restrictions took effect for the 18 counties within the jurisdiction of the St. Johns River Water Management District which includes Ormond Beach and Ormond By The Sea Florida. Watering is only allowed 2 days per week and only before 10 AM or after 4 PM. When daylight savings time ends watering is only allowed 1 day per week.

Knowing Your OK to water Days

Mandatory lawn watering restrictions specify the days when you may water depending on whether you have an odd or even numbered address, and the time of year. During Daylight savings time if you have an odd numbered address you may only water only on Wednesday and Saturday and you have an even numbered addresses you may water only on Thursday and Sunday.

Daylight saving time is always the second Sunday in March until the first Sunday in November and Eastern Standard Time is the first Sunday in November until the second Sunday in March.

Water only as needed between 4 PM and10 AM. And Water for no more than one hour per zone.

For more information, questions or to report violations, please call (800) 232-0904 or visit the the St. Johns River Water Management District web sitehttp://sjrwmd.com/wateringrestrictions/ . Watering will once again be allowed only 1 day per week when daylight savings time ends in November, 2012.

Ormond By The Sea Florida 4th Quarter 2011 condo sales analysis
This table shows sales in the October (1st) to December (31st) quarter by year for 11 years to analyze the Ormond By The Sea Florida condo sales and make year by year comparisons.


4th Quarter condo sales analysis

Ormond By The Sea Florida condo market trends

Although the volume of sales in the 2011 fourth quarter was slightly lower that 2010 the average sales price increased and the 19 sales is higher than any other fourth quarter since 2003. The trend of increasing values will probably level off some but the values should hold as the inventory of short sales and forclosures has decreased as has the inventory overall. With fewer distress sales and many more potential buyers looking than in the past several years the volume of sales should remain strong with the better properties commanding a higher price.

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 atwww.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Real Estate Values.

An Evening with Johnny Mathis March 4, 2012

Johnny Mathis will make his Daytona Beach debut at the Peabody Auditorium in Daytona Beach Florida on March 4, 2012 at 7 PM. This will truly be a night to remember as Johnny performs many of his hits and some newer songs. This is an event to remember for a lifetime!
Johnny Mathis is the winner of four Grammy nominations and has sold more than 350 million records around the world and is one of the most famous singers of all time. He has been performing over 5 decades and has been inducted into the Grammy Hall of Fame.
“Chances Are” you will have a great time and love this show and all your friends will be filled with envy if they could not be there.

This performance is part of the Broadway in Daytona Beach series of productions. for information about other performances in the series please contact the Peabody Auditorium.

Peabody Auditorium 386-671-3460 or 386-671-3462.
600 Auditorium Blvd,
Daytona Beach Florida
PEABODYAUDITORIUM.ORG
The Peabody Auditorium is next to the Ocean Center in Daytona Beach Florida right across the street from the world’s most famous beach.

Purchase tickets now at Ticketmaster.com or call 1-800-745-3000 or at Walmart Super-centers or in person at the Peabody Box Office.
An Evening with Johnny Mathis March 4, 2012

Ormond By The Sea Florida Condo sales and 2012 Market Trends analysis

Ormond By The Sea Florida 10 year Condo sales analysis chart

2012 Market Trends

*These are on the west side of A1A, across the road from the beach.

• Sales not counted in the average are 1 and 3 bedrooms and also the 2 bedroom units with 1 bath.
• Not all units counted in the average have an ocean view.

All sales information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).

The value of condos seems to have returned to the 2002 levels and the volume of sales overall in 2011 is the highest since 2005 but has not yet returned to the level of earlier years. The outlook for 2012 should be continued stabilization of values as the inventory has been reduced providing more balance to the market.

Read the ActiveRain 2012 predictions here Real Estate Values.