Ormond Beach, FL Real Estate News

By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos Sold June 2016 Ten condos sold in Ormond By The Sea Florida during June 2016 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), none of which involved a lender as a short sale or foreclosure.  There is one under contract pending sales closing and none of these involve a lender. Here is the list of the June 2016 Ormond By The Sea condo sales.  Condo Building Sales  low price  High price On Beach   Bank  Regency  1 92,000  92,000  yes 0  Kingston Shores  2  112,000 124,000  no  0 Corinthian Villa  1 141,000 141,000  no  0 Seabridge South  1 170,000  170,000  no  0  Sunny Beach Club  1  175,000  175,000  no  0  Indies House  1  205,000 205,000  yes  0  Shoreham  1  225,000  225,000  yes  0  Barrier Isle  1  225,000  225,...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida homes for sale June 30, 2016June 30, 2016 Homes for sale in Ormond By The Sea Florida There are 56 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of June 30, 2016, 3 less than the end of last month. An additional 16 homes are under contract awaiting closing and lenders are involved in 3 of these either as a short sale or foreclosure.  Lenders are involved in 1 of the 56 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $164,500to $1,695,000.The inventory of Ormond By The Sea Florida homes for sale has stabilized, which is a good indicator that the market is back to a being more balanced between buyers and sellers.  There are investors...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos for sale by price range June 30, 2016The chart below shows Ormond By The Sea Florida condos for sale by price range as of June 30, 2016   Price Range In $Thousands  Number For Sale Lender Involved  Directly On The Beach*   Under 150  7 0         1  150-199 21 0 1  200-299 17 0 10  300+ 10  0  9  Total 55 0 21 The inventory of condos for sale has remained relatively low only fluctuating up or down by a few over the past several months. There were 53 Ormond By The Sea condos for sale at the beginning of 2012 and 57 at the beginning of 2013.  At the beginning of this year there were 51 for sale.* Note that the directly on the beach column means that the condo building is on the beach, east of A1A, the condo unit for sale may not face the beach directly. Cal...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos for saleas of June 30, 2016As of June 30, 2016, we have 55 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS).  There are 28 priced under $200,000 and 4 of those are under $100,000. Additionally, there are 10 condos under contract pending closing, none of which involve a lender as a short sale or foreclosure. None of the 55 condos for sale involves a lender, either as a short sale or foreclosure. Please note that the market is very active and the information here is provided as of June 30, 2016. For up to the minute information about Ormond Beach and Ormond By The Sea homes and condos for sale or for rent contact Ocean View Realty Group.  Ormond By The Sea condos for sale inventory by condomi...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ocean View Realty Group updates Real estate Market Watch web site page for May 2016 activity Ocean View Realty Group has updated the Ormond By The Sea Florida Real estate market watch page on its web site to reflect May 2016 activity.  Numbers of homes and condos for sale as of May 31, 2016  are indicated as well as the sales of Ormond By The Sea Florida homes and condos during the month of May 2016.   Condos for sale is presented by price range and by condo name so you can look at what is for sale in any Ormond By The Sea Condo building. Quarterly analysis charts of condo sales and for home sales is available for the 1st quarter of 2016, along with a chart comparing the volume of sales for Ormond By The Sea Florida  homes and condos in the month to sales in the same month in prior year...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos Sold May 2016 Nine condos sold in Ormond By The Sea Florida during May 2016 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), none of which involved a lender as a short sale or foreclosure.  There are four under contract pending sales closing and none of these involve a lender. Here is the list of the May 2016 Ormond By The Sea condo sales.   Condo Building Sales  low price  High price On Beach   Bank  Ocean Side  1 145,000  145,000  No 0  Seawinds  2  275,000 280,000  yes  0 Court of Palms  1 154,000 154,000  no  0 Seabridge South  2 165,000  177,000  no  0  Ocean Watch  1  165,000  165,000  no  0  Van Lee  1  325,000 325,000  yes  0  Ocean Aire  1  372,000  372,000  no  0 Here is a chart of Ormond By The Sea condo ...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Spotlight on Corinthian Villa Condo in Ormond by The Sea Florida A beautiful condo across the street from the beach with a private beach access.  A 3 story "u" shaped complex built in 1974, the building surrounds the courtyard and pool area. Laundry rooms are on each floor and there are 2 elevators.  Mediterranean architecture makes the look of Corinthian Villa Condo unique in Ormond By The Sea Florida. Corinthian Villa Condo in Ormond by The Sea Florida is located at:1926 Ocean Shore BlvdOrmond Beach Florida 32176 Corinthian Villa Condo units are spacious 2 bedroom 2 bath most with a view of the courtyard, Atlantic Ocean and pool.    Many of the units have been remodeled, some have a garage and a few have only one bath.  There are 30 units at 2 bedroom and six are 1 bedroom.  The month...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
     Ormond By The Sea Florida Homes Sold                    May 2016Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 23 Ormond By The Sea, Florida homes sold in May 2016, two of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 5 homes under contract waiting closing and 1 of those have lender involvement. The highest priced home sold was a 3 bedroom on John Anderson Dr for $450,000 and the lowest priced was a 2 Bedroom on River Shore Dr for $109,000.  Ormond By The Sea, Florida homes sold in May 2016 by price range. Price range$in thousands Number sold 1 Bdrm 2 Bdrm 3 Bdrm 4+Bdrm Lender involved Under $100,000  0  0 0  0  0  0 100,000-199,999 12 0 8 4  0  0 200,000-299,999 6  0  1 4  1 2 300,00...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos for saleas of May 31 2016 As of May 31 2016, we have 64 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS).  There are 35 priced under $200,000 and 5 of those are under $100,000. Additionally, there are 4 condos under contract pending closing, none of which involve a lender as a short sale or foreclosure. None of the 64 condos for sale involves a lender, either as a short sale or foreclosure.Please note that the market is very active and the information here is provided as of May 31, 2016.  For up to the minute information about Ormond Beach and Ormond By The Sea homes and condos for sale or for rent contact Ocean View Realty Group.The table for Ormond By The Sea condos for sale inventory by ...
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By Joyce Marie Marsh, Luxury & Ocean Homes in Central Florida
(Joyce Marsh Real Estate LLC)
Do you think it's a good idea to market your listings to the neighbors? Well it may be a very good idea!Hugh Heffners California Mansion is currently under contract by a neighbor who decided to put in an offer to purchase the famous mansion. Don't overlook the neighbors when marketing your listings.  They may know someone who wants to live in the neighborhood or might be interested in purchasing the property themselves.  My motto is to leave no stone unturned and consider every possible marketing option when developing your marketing plans for your listings. http://www.wsj.com/articles/playboy-mansions-neighbor-to-buy-the-property-1465231478?mod=pls_whats_news_us_business_f    http://enews.realtor.org/a/hBXVyC7B8f3M-B9Ob4vAAD$mZIK/rmo36 If you are considering buying or selling a condo, ...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos for sale by price range May 31, 2016The chart below shows Ormond By The Sea Florida condos for sale by price range as of May 31, 2016   Price Range In $Thousands  Number For Sale Lender Involved  Directly On The Beach*   Under 150  8 0         1  150-199 27 0 1  200-299 18 0 10  300+ 11  0  10  Total 64 0 22 The inventory of condos for sale has remained relatively low only fluctuating up or down by a few over the past several months. There were 53 Ormond By The Sea condos for sale at the beginning of 2012 and 57 at the beginning of 2013.  At the beginning of this year there were 51 for sale.* Note that the directly on the beach column means that the condo building is on the beach, east of A1A, the condo unit for sale may not face the beach directly. Call...
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By Joyce Marie Marsh, Luxury & Ocean Homes in Central Florida
(Joyce Marsh Real Estate LLC)
Why Hire a "Certified Luxury Home Specialist" When Selling Your Luxury Home   Joyce Marsh, CLHMS is one of the founding members of the Institute of Luxury Home Marketing  Member since 2003   THE CLHMS DESIGNATION Recognized as the mark of accomplishment in luxury markets around the world, the Certified Luxury Home Marketing Specialist (CLHMS) designation assures affluent buyers and sellers that the agents who have earned it have the knowledge, experience, competence, and confidence they require. Members of The Institute who hold the CLHMS designation have documented performance in the TOP 10% of their markets, and have successfully demonstrated their expertise in the luxury home and estate market    About: Joyce Marsh Homes & Lifestyles is a Leader in Luxury and Waterfront Real Estate i...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida homes for saleMay 31, 2016  Homes for sale in Ormond By The Sea FloridaThere are 59 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of May 31, 2016, 4 less than the end of last month. An additional 22 homes are under contract awaiting closing and lenders are involved in 4 of these either as a short sale or foreclosure.  Lenders are involved in 2 of the 59 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $118,000 to $1,695,000.The inventory of Ormond By The Sea Florida homes for sale has stabilized, which is a good indicator that the market is back to a being more balanced between buyers and sellers.  There are investors waiting for th...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida 1st Quarter home sales analysis 2016This table shows in the January(1st) to March (31st) quarter by year for previous years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons.1st Quarter home sales for Ormond by The Sea Florida Year # Sales Low $ Sold High $ Sold Average Ask $ Avg Sold $ Avg Sq. Ft $/Sq.Ft Avg DOM 2016 62 110,000 600,000 227,533 216,326 1511 143 110 2015 53 81,000 675,000 214,955 205,392 1437 143 90 2014 52 57,000 387,500 197,060 187,123 1460 135 81 2013 48 58,900 649,000 172,492 161,760 1363 127 86 2012 43 45,100 575,000 156,041 169,060 1505 103 139 2011 38 57,000 475,000 161,325 150,872 1482 102 122 2010 44 42,500 870,000 169,903 148,401 1405 106 132 2009 50 50,000 420,000 150,551 162,915 1458 112 134 2008 1...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
        Ormond By The Sea Florida Homes sold                            April 2016Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 24 Ormond By The Sea, Florida homes sold in April 2016, two of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 6 homes under contract waiting closing and 1 of those have lender involvement. The highest priced home sold was a 2 bedroom on Ocean View Dr for $646,200 and the lowest priced was a 2 Bedroom on Ocean Shore Dr for $60,000.  Ormond By The Sea, Florida homes sold in April 2016 by price range. Price range$in thousands Number sold 1 Bdrm 2 Bdrm 3 Bdrm 4+Bdrm Lender involved Under $100,000  1  0 1  0  0  0 100,000-199,999 16 0 12 4  0  2 200,000-299,999 4  0  1...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida Condos Sold April 2016 Fourteen condos sold in Ormond By The Sea Florida during April 2016 through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS), none of which involved a lender as a short sale or foreclosure.  There are three under contract pending sales closing and none of these involve a lender. Here is the list of the April 2016 Ormond By The Sea condo sales.  Condo Building Sales  low price  High price On Beach   Bank  Kingston Shores  1 67,500  67,500  No 0  Sunny Beach Club  1  158,900 158,900  no  0 Spinnaker  1 180,000 180,000  no  0 Gemini  2 227,000  230,000  yes  0  Surfside  North  1  260,000  260,000  yes  0  Barrier Isle  1  260,000  260,000  no  0  Seabridge North  1  189,000  189,000  no  0  Sand Dunes  1  194,0...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida 1st Quarter home sales analysis 2016This table shows in the January(1st) to March (31st) quarter by year for previous years to analyze the Ormond By The Sea Florida home sales and make year by year comparisons.1st Quarter home sales for Ormond by The Sea Florida Year # Sales Low $ Sold High $ Sold Average Ask $ Avg Sold $ Avg Sq. Ft $/Sq.Ft Avg DOM 2016 62 110,000 600,000 227,533 216,326 1511 143 110 2015 53 81,000 675,000 214,955 205,392 1437 143 90 2014 52 57,000 387,500 197,060 187,123 1460 135 81 2013 48 58,900 649,000 172,492 161,760 1363 127 86 2012 43 45,100 575,000 156,041 169,060 1505 103 139 2011 38 57,000 475,000 161,325 150,872 1482 102 122 2010 44 42,500 870,000 169,903 148,401 1405 106 132 2009 50 50,000 420,000 150,551 162,915 1458 112 134 2008 1...
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By Joyce Marie Marsh, Luxury & Ocean Homes in Central Florida
(Joyce Marsh Real Estate LLC)
Now that we know we are in a Sellers Market, is it time for you to downsize?Time for you to Sell Your Home?A study by Fannie Mae revealed that only 37% of Americans believe that they have significant equity (> 20%) in their current home. In actuality, CoreLogic's latest Equity Report revealed that 72.6% have greater than 20% equity. That equity could enable you to build the life you've always dreamt about.  What about your own situation? You may be pleasantly surprised and actually have much more equity in your present home than you originally thought.  In a recent blog, Dave Ramsey, the financial guru, highlighted the advantages of selling your current house and downsizing into a smaller home that better serves your current needs.  Sellers Market - Is It Time To DownsizeRamsey explains...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida homes for saleApril 30, 2016 Homes for sale in Ormond By The Sea Florida  There are 63 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors®  Multiple Listing Service (MLS) as of April 30, 2016, 7 less than the end of last month. An additional 21 homes are under contract awaiting closing and lenders are involved in 3 of these either as a short sale or foreclosure.  Lenders are involved in 2 of the 63 homes for sale .  Asking prices for Ormond By The Sea homes currently for sale range from $134,500 to $1,695,000.The inventory of Ormond By The Sea Florida homes for sale has stabilized, which is a good indicator that the market is back to a being more balanced between buyers and sellers.  There are investors waiting f...
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By Joyce Marie Marsh, Luxury & Ocean Homes in Central Florida
(Joyce Marsh Real Estate LLC)
The Junior League of Daytona Beach recently hosted a fabulous event."Kentucky Derby Gala" was held on Saturday May 7th at the gorgeous riverfront mansion, home of Dr. & Mrs. Jeffrey Martin on John Anderson, Ormond Beach FloridaMint Juleps, Bourbon, and delicious Southern FoodRunning of the 142nd "Run for the Roses" Kentucky Derby  and a silent Auction   One of the highlights was the "Couture Fashion Hat Walk" with absolutely stunning designer hats from the renowned hat designer, Arturo RiosOver 30 beautiful models participated.  All of the hats were purchased from theArturo Rios Collection with a portion of the proceeds being donated to The Junior League of Daytona Beach.       We had so much fun and all for a wonderful cause."The Junior League of Dayona Beach has been in existence sinc...
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