Ormond By The Sea, Florida Condos Sold in November, 2011

By
Real Estate Broker/Owner with Ocean View Realty Group in Ormond By The Sea Florida BK559597
http://actvra.in/pq2

Ormond By The Sea, Florida Condos Sold in November, 2011

Two condos sold in Ormond By The Sea, Florida during November, 2011 t
Ocean House Condo in Ormond By The Sea Florida
hrough the Daytona Beach Area Association ofRealtors® Multiple Listing Service (MLS), one of which involved a lender as a short sale or foreclosure.
There are also 12 condos under contract pending sales closing and 8 of those involve a lender.
The 2 sales is lower than the 2010 monthly average of 5.5 sales and less than any November since 2005 and 2006 when there were also 2 condo sales.

Although there were only 2 sales this November, it is usually a slow month. Indeed, year to date there have already been more Ormond By The Sea condos sold than in any other year since 2005 where 110 condo were sold during that year.



Here is the list of the November, 2011 condo sales
.


 

Condo                       Description         Sold Price 

Ocean House*       1 bedroom 2 bath     $115,000
Ormondy**           3 bedroom 2 bath     $250,000



*
*These Condo buildings are directly on the beach
* these sales involved a lender as a short sale or foreclosure.

Posted by

 

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 
Seawinds penthouse vacation rental condo www.seawindspenthouse.com
Ormondy vacation rental condo in Ormond By The Sea Florida www.ormondycondo.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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Topic:
Real Estate Market Trends
Location:
Florida Volusia County Ormond Beach Ormond By-the-sea
Groups:
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Show All Comments
Rainmaker
80,185
Dennis Swartz
ABR, CRB, CRS, GRI...experience counts!
Rickert Property Management

Not sure if the prices are coming up, but it appears some are selling this year which is good,

December 16, 2011 05:21 AM
Rainmaker
1,930,651
Barbara Todaro
"New Franklin MA Homes"
RE/MAX Executive Realty

Good morning, Al....it looks like your market is improving.....that's a good sign....

December 16, 2011 05:55 AM
Rainer
115,537
Linda Edelwich
William Raveis Real Estate

Wow those are great proices for beach condos!

December 16, 2011 06:02 AM
Rainmaker
328,921
Marco Giancola
Realtor (305)608-1922, Miami Beach Florida
Majestic Properties

Can't beat those prices Al and the numbers on total sales seems arounf average for Nov. You know Dec thru May will show a big uptick.

December 16, 2011 06:09 AM
Rainmaker
790,963
Al Raymondi
Ormond By The Sea Florida - Home and Condo Sales a
Ocean View Realty Group in Ormond By The Sea Florida

Thanks Dennis, Barbara, Linda and Marco for stopping by my blog to read and to comment today. I appreciate your time and comments.

Dennis , prices are fairly stable on average but better properties are selling for higher prices.

Barbara, yes it sure is looking like the market is moving in the right direction..

Linda , You are correct, we have relatively cheap ocean views.

Marco, yes we are looking to improve over the next few months.

December 16, 2011 06:18 AM
Rainmaker
1,047,812
Scott Godzyk
One of Manchester NH's Leading Agents
Godzyk Real Estate Services

Good Morning AL, I am glad to see condominiums are selling in your area. I have seen a similar trend here in Nh as i placed 3 of my condo listings under contract since Thanksgiving. Now fingers are crossed they close on time. Do your markets pick  up once the snow birds get to town?

December 16, 2011 08:14 AM
Rainmaker
790,963
Al Raymondi
Ormond By The Sea Florida - Home and Condo Sales a
Ocean View Realty Group in Ormond By The Sea Florida

Lots more activity in the winter months when the town is full Scott.

December 16, 2011 08:24 AM
Rainmaker
273,233
Carol-Ann Palmieri
"Cal" the Real Estate Gal
RE/MAX Executive Realty, Al and Cal Realty Group

Hi Al.    Looks like you are moving these condos and why not?   Great prices, yes?

December 16, 2011 09:38 AM
Rainmaker
790,963
Al Raymondi
Ormond By The Sea Florida - Home and Condo Sales a
Ocean View Realty Group in Ormond By The Sea Florida

Thanks Cal, yes those priced right for this market are selling.

December 16, 2011 11:54 AM
Rainmaker
1,042,279
Robert (Bob) Gilbert
Your Katy TX Real Estate Expert
Berkshire Hathaway HomeServices Anderson Properties

Al,

Good market report for the condo's in your area. It appras that condo's are slling but at fairly low prices which certainly is good for he buyers. When do you think the price movement downward will end?

December 16, 2011 12:28 PM
Rainmaker
790,963
Al Raymondi
Ormond By The Sea Florida - Home and Condo Sales a
Ocean View Realty Group in Ormond By The Sea Florida

Thanks for dropping in Bob, I think we are close to bottom but some of the distresses properties may continue to drag on values.  Nice properties seem to be holding their value more now.

December 16, 2011 02:30 PM
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Rainmaker
790,963

Al Raymondi

Ormond By The Sea Florida - Home and Condo Sales a
Come live by the beach in Ormond By The Sea Florida
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