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Al Raymondi

September 2009 Ormond By The Sea, Florida Condo sales

10-16-09
Al Raymondi

September 2009 Ormond By The Sea, Florida Condo sales

Five Ormond By The Sea, Florida condos sold through the Daytona Beach area multiple listing service (MLS) during September 2009. Compare that to 2 sales in 2008, 4 in 2007, 5 in 2006 and 6 in 2005. One sale was a one-bedroom foreclosure for $66,100 and one was at the direct oceanfront Capriana. Three sales were
2-bedroom 2 bath on the west side of A1A and the average sales price for those 3 was $163,300. This average is only about $10,000 less than the September 2008 average so we may be seeing a slowdown in the rate of loss of value. All 3 of the 2-bedroom condo west of A1A had sales prices within 6% or less off of the asking price so setting a price close to the market value is very important. Average time of the market for those 3 sales was 150 days. The average days on the market in 2005 were 73.

Ormond By The Sea, Florida Condo Market, October 1, 2009

10-15-09
Al Raymondi

For Ormond By The Sea, Florida through the Daytona Beach Area MLS the inventory of condo for sale continues to be high at 103. There are 7 condos under contract awaiting closing.
Using the 5 sales in September as the basis would mean there is over 20 months or inventory, which continues to be higher than what we would expect in a "normal" market. Generally a 6-month supply of inventory would be considered a balanced or normal market. Of the 103 condos for sale in Ormond By The Sea, Florida, 32 are on the beach or 3 bedroom units asking $250,000 or more.
Asking prices for 55 or those for sale are under $200,000 with 23 of those being $150,000 or lower. The lowest asking price is $95,000 for a Kingston Shore condo and the highest is $790,000 for a 4 bedroom at the Tiffany.

Map of Ocean View Realty Group Office in Ormond By The Sea, Florida

10-11-09
Al Raymondi

Here is a link to a google map of the location of the Ocean View Realty Group office in Ormond By The Sea, Florida. The map shows street names and can be moved around to show anywhere you like in Ormond By The Sea, Ormond Beach, Daytona Beach and beyond. Enter a beginning address and get directions to the ocean View Realty Group Office.

http://maps.google.com/maps?geocode=&q=1350+Ocean+Shore+Blvd.%2C+Suite+A%2C+Ormond+Beach%2C+Fl%2C+32176

Ocean View Realty Group office in Ormond By The Sea Florida

Ormond By The Sea Florida Condos

10-09-09
Al Raymondi

Ormond By The Sea Florida Condos

Looking for information and photos of a condo in Ormond By The Sea?

Below are links to the Ocean View Realty Group
vacation rental web site pages for individual condo building in
Ormond By The Sea Florida. Photos and descriptions of each
building are followed by links to individual vacation rental condos.

Aquarius Atlantic 22 Corinthian Villa Fairwind Shores Leeward Winds Madeira Villa
Mariners Bay Ocean House Ocean Watch Ormond Breakers Ormondy Regency Plaza
Seabridge North Seabridge South Seascape Seawinds
Shoreham

Sunny Beach Club Sunrise Van Lee Villa Sereno

Ormond Beach, Florida information

10-04-09
Al Raymondi

Ormond Beach, Florida information

Ormond Beach Restaurant, event and other information for Volusia and Flagler County is available at www.Three8six.com .