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Madeira Villa North Condominium in Ormond By The Sea Florida has a beautifulnew sign. The townhouse style condo complex at 2820 Ocean Shore Blvd in Ormond Beach Florida recently installed the sign at the east end of the complex on State Road A1A.
For information about Ormond Beach and Ormond By the Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O'Connor is our sales specialist - ovforsale@aol.com Deanna Thomas is our rental specialist - ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com
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Ormond By The Sea Condo sales
Here is a chart I made from the Daytona Beach Area Association of Realtors MLS.
The average sales price is an indicater of the recent reduction in condo values.
|
Year |
Sales |
Lowest$ |
Highest$ |
2/2* |
2/2 average$* |
2/2 Low $* |
2/2 High $* |
Directly on the beach |
|
2001 |
87 |
49,250 |
270,000 |
55 |
$106,836 |
66,000 |
160,000 |
21 |
|
2002 |
117 |
55,000 |
339,000 |
69 |
$124,644 |
63,000 |
189,900 |
27 |
|
2003 |
109 |
64,500 |
350,000 |
59 |
$149,076 |
92,600 |
190,000 |
44 |
|
2004 |
84 |
78,000 |
599,000 |
41 |
$198,227 |
125,000 |
255,000 |
29 |
|
2005 |
111 |
128,000 |
840,000 |
74 |
$263,326 |
137,500 |
335,000 |
23 |
|
2006 |
43 |
117,000 |
810,000 |
24 |
$250,954 |
130,000 |
346,000 |
13 |
|
2007 |
50 |
110,000 |
830,000 |
28 |
$218,636 |
110,000 |
300,000 |
16 |
|
2008 |
41 |
110,000 |
720,000 |
25 |
$178,396 |
150,000 |
200,000 |
14 |
* These are on the west side of A1A
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Realtors sold three Condos in Ormond By The Sea in January 2009 through the Daytona Beach Area Multiple Listing Service (MLS). All 3 sales were in direct oceanfront buildings. A one bedroom at Sands Point was sold by Marion O'Connor of Ocean View Realty Group for $95,000. A studio at Aquarius Condo sold for $116,900 and a 2 bedroom, 2 bath at Seawinds sold for $257,000. There were also 3 sales in January 2008 and January 2007. If we look back to January 2005 there were 13 sales. Except for two units, all of the 2005 sales were within 2 months of listing. The shortest time for a January 2008 Condo sale was almost 6 months from listing.
Ocean View Realty Group
For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com
Vacation rental information is on our vacation rental web site at www.OrmondBeachCondoRentals.com
Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245 fax 386-441-2407
mail to:ovrealty@aol.com

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Daytona Beach Area Market Report For December - 2008
Market Report for Daytona Beach Area Real Estate December / 2008
December / 2008
New Listings on the market - 865
Pending - 211
Price Changes - 1193
Back on Market - 97
Expireds - 1271
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