Al Raymondi's Ormond By The Sea Real Estate Blog

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Ormond Owners Report Second Quarter 2017

 

Ormond Owners Report

Second Quarter 2017

HELLO FROM ORMOND BY THE SEA FLORIDA

 

Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo owners local information that they may not otherwise receive.

BUSINESS BRIEFS

-Burger King on Atlantic Ave. south of Granada has closed.

-Delivery service is now available for Publix and ABC liquors through https://www.instacart.com/

LOCAL NOTES
-The tugboat that was in the river at San Jose Drive for almost 20 years has been taken away to a salvage yard in Texas.
-Hard Rock Hotel will be taking over the former Desert Inn building at 900 N Atlantic Ave which is undergoing renovations and hopes to open later this year.
-The Streamline Hotel in Daytona beach has reopened following extensive renovations.
Ormond By The Sea Florida mid-year sales analysis 2017
This table shows the condos sold in Ormond By The Sea Florida for the first 6 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS).  The average $ per square foot has been increasing for several years.  Average sale price has increased again.  Both of those are good indicators for the market.  

Year

Sales

Low $

High $

Average sold $

Average

ask $

Average

Sq. Ft

Sq. Ft. avg $

Avg DOM

2017

55

87,500

543,000

225,326

236,444

1410

180

112

2016

51

67,500

585,000

212,327

222,365

1237

172

127

2015

53

47,500

360,000

157,656

167,025

1217

131

163

2014

54

37,500

322,725

152,806

161,269

1203

127

106

2013

55

65,000

390,000

154,222

167,058

1236

125

122

2012

39

37,000

395,000

136,588

148,156

1208

113

108

2011

17

40,425

284,000

$144,320

152,898

1260

121

94

2010

10

50,000

550,000

195,211

227,900

1399

139

226

2009

12

95,000

474,900

209,027

234,864

1204

174

196

2008

11

137,000

210,000

169,490

187,000

985

172

133

2007

8

130,000

345,000

257,875

273,550

1233

209

81

 

Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our web site www.ovrealty.com and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245. Email for rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with buying or selling ovforsale@aol.com.  Real estate market information is updated on the Ocean View realty Group market watch page.  Go there for lots of statistics on homes and condos for sale and sold in Ormond By The Sea Florida.

 

 

Have a great day

Al Raymondi
Ocean View Realty Group
1350 Ocean Shore Blvd. Suite A
Ormond Beach, FL 32176
Ormond By The Sea Florida sales and rentals of homes and condos www.ovrealty.com 
Click the Realtor Logo below to search the Daytona Beach Florida area MLS anonymously.
386-441-8245
Fax 386-441-2407
Mail to ovrealty@aol.com
Ormond By The Sea Florida Vacation rental homes and condos information is at www.ormondbeachcondorentals.com 

Serving Ormond Beach and Ormond By The Sea in the Daytona Beach Florida area from the same location since 1991.

Homes and condos for sale by ocean View Realty Group    Ormond Beach Florida homes and condos for Lease by Ocean View Realty Group       Search the Daytona Beach area MLS     View Al's Linked-in profile     Follow Ocean View Realty Group on Twitter

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Comment balloon 0 commentsAl Raymondi • July 17 2017 12:35PM
Ormond Owners Report Second Quarter 2017
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Ormond Owners Report Second Quarter 2017 HELLO FROM ORMOND BY THE SEA FLORIDA Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo… more