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)
Furnished 1 Bedroom bungalow for lease in Ormond By The Sea Florida    34 Hibiscus Dr Ormond Beach Florida 32176 1 bed 1 bath No garage. Pets OK with non refundable pet fee. All utilities are included  window A/C and space heaters  (electric, water, sewer.)    fenced yard.   Asking $700 Monthly for a year lease.   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/.
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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 Beach Florida Real estate market watch   Real estate market watch for Ormond By The Sea Florida January 2011 Ocean View Realty Group has updated the Ormond By The Sea Florida Real estate market watch page on its web site to reflect January, 2011 activity.  Numbers of homes and condos for sale as of January 31, 2011 are indicated as well as the sales of Ormond By The Sea Florida homes and condos in January , 2011.   A 10 year chart of condo sales has been added as well as a breakdown of condos for sale by price range and by condo name.  There is also a section with Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale by price range and homes sold during the month.  All information is taken from the Daytona Beach Area Association of Realtors Multiple Listing ...
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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 2010 Through the Daytona Beach Area Realtors® Association Multiple Listing Service (MLS) there were 183 Ormond By The Sea, Florida homes sold in 2010.  Lenders were involved in 67 (37%) of the sales, either a short sale or foreclosure. The highest priced home sold was a 2 bedroom on John Anderson Dr for $870,000 and the lowest priced was a 2 bedroom 1 bath on River Dr.   for $42,500.  The number of Ormond By The Sea Florida homes sold in 2010 was higher than recent years and the highest volume since 2005 when there were 277 sales.  2010 Ormond By The Sea Florida home sales by price range.   $ Price range in thousands Number of sales 1 Bedroom 2 Bedroom 3 Bedroom 4 or more Bedrooms Lender involved Under 75 31 1 23 7  0 22 75-99 41 0 37 3 1 18 100-149 ...
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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)
Plantation Bay Golf and Country Cub  in Ormond Beach Florida Homes sold in 2010Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 58 Plantation Bay Golf and Country Cub homes sold in 2010.  This represents the highest volume of homes sold since 2005 whenthere were 59 sales.  One big difference other than the reduced values is that 13 of the 2010 sales involved a lender as either a short sale or foreclosure where in 2005 there was no bank involvement in any of the sales.  Indeed, there were zero bank involved sales from 2000 to 2006, only 2 in 2007, 2 in 2008, and 7 in 2009.2010 Plantation Bay home sales by price range.   $ Price range in thousands Number of sales 2 Bedroom 3 Bedroom 4 or more Bedrooms Lender involved Under 150 7 4 3  0 4 150-199 13 1 11 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 2010 Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 66 Ormond By The Sea, Florida condos sold in 2010.  That is the highest number of condo sales in Ormond By The Sea since 111 sales in 2005.  The highest priced condo sold was a 3-bedroom at the Capriana for $550,000 and the lowest priced was a 2-bedroom 1 bath at Ocean Shores condo for $45,251.  Lenders were involved in 11 (17%) of the 66 sales as foreclosures or short sales. Condo values in Ormond By The Sea Florida have returned to 2002 levels.It is notable that there were only 12 sales of condos in buildings directly on the beach.  That is the lowest sales volume for those condos in over 10 years.  This chart shows the Ormond By The Sea Florida condo sales by ...
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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)
Plantation Bay Golf and Country Cub  in Ormond Beach Florida Homes sold in January, 2011   Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 3 Plantation Bay Golf and Country Cub homes sold in January, 2011 of which one had lender involvement.  Additionally, there are 6 homes under contract waiting closing and 2 of those have lender involvement as either a short sale or foreclosure. The highest priced home sold was a 3 bedroom on Hampstead lane for $460,000 and the lowest priced was a 3-bedroom 2 bath on Harwick Lane for $169,000. 
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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 in January, 2011  Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 15 Ormond By The Sea, Florida homes sold in January, 2011.  Eight of the sales had bank involvement, either a short sale or foreclosure. Additionally, there are 39 homes under contract waiting closing and 22 of those have lender involvement. The highest priced home sold was a 2 bedroom on John Anderson  Drive for $350,000 and the lowest priced was a 2-bedroom 1 bath on River Shore Drive for $50,000. There were 7 Ormond By The Sea Florida homes sold in January 2010 and only one of those involved the lender.  Ormond By The Sea, Florida homes sold in January, 2011 by price range.     Price range$in thousands   Number sold   1Bdrm   2Bdrm   3Bdrm   4+Bdrm...
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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 January 2011  Five condos sold in Ormond By The Sea, Florida during January, 2011through the Daytona Beach Area Realtors® Multiple Listing Service (MLS), one of which involved a lender.  There are also 7 condos under contract pending sales closing and 5 of those involves a lender. Of the 91 condos actively for sale on the market, 13 involve a lender. The high inventory of 91 Ormond By The Sea condos for sale continues to indicate a buyers market and is about 18 months of inventory if we continue to sell 5 each month. There was an average of 5.5 condos sold each month in 2010.  Between 2006 and 2010 there were 4 or fewer Ormond By The Sea Florida condos sold each January. There were 2 sales in January 2010.  Here is the list of the January 2011 cond...
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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  The chart below shows Ormond By The Sea condos for sale by price range as of January 31, 2011 Price range in$Thousands Number forsale Lender involved  Directlyonthebeach  Under 100   10 6  1   100-149    19 3 2  150-199  28 3  7  200-299    16  1 12  300-499  14 0   9  500+  4  0  4  Total    91  13  35  For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously
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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)
Plantation Bay Golf and Country Club in Ormond Beach Florida Homes for sale as of January 31, 2011  Plantation Bay homes for sale as of January 31, 2011 There are 61 Plantation Bay Golf and Country Cub in Ormond Beach Florida homes for sale through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of January 31, 2011.  An additional 6 homes are under contract awaiting closing.Below is a chart listing the number of homes for sale by price range. Price range  Homes  Under $150,000  2  150,000 to 199,000  6  200,000 to 249,000  16  250,000 to 299,000  11  300,000 to 399,000  9  400,000 to 799,000 14  800,000 and over 3 Of the 61 Plantation Bay Golf and Country Cub homes for sale 6 have lender involvement.  Two of those 6 have asking prices under $150,000.  A...
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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 as of January 31, 2011  As of January 31, 2011 we have 91 Ormond By The Sea condos for sale through the Daytona Beach Area Multiple Listing Service (MLS).  There are 57 priced $200,000 or lower and 10 of those are under $100,000. Additionally, there are 7 condos under contract pending closing of which 5 involve the lender.  There are 13 of the 91 condos for involving a lender , either short sales or foreclosures.    Many owners have turned to rentals or have decided to wait until the market improves to put their condo back on the market.   Below is a table breaking down the inventory by condominium name. Condo name For Sale Lowest $ Highest $ Year Built DirectlyOn The Beach Aquarius 8 199,900 299,900 1973 Yes Atlantic 22 1 169,000 169,900 1990 ...
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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 January 31, 2011    Homes for sale in Ormond By The Sea Florida   There are 99 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Realtors®  Multiple Listing Service as of January 31, 2011.   An additional  40  homes are under contract awaiting closing.  As has been the case in recent months lenders are pricing their properties more aggressively to get quicker sales.  Lenders are involved in 25 of the 99 homes for sale (25%) and 22 (55%) of the 40 homes under contract.  Asking prices for Ormond By The Sea homes currently for sale range from $60,000 to $1,995,000.The chart below shows Ormond By The Sea Florida homes for sale by price range.   Price range in $Thousands Number 1 Bdrm 2 Bdrm 3 Bdrm 4+ Bdrm Under 100 7 0 7 0 0...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
89 Oceanfront Condominium is … an oceanfront condominium at 89 South Atlantic Ave in Ormond Beach. I guess it happened when the naming creativity was on vacation. But it is convenient. And easy to remember… Very good location in prestigious Ormond Beach  just a few buildings south of intersection of Atlantic Ave with Granada Blvd (Rt. 40. This location in Ormond Beach does not require a car. Shopping, banks, restaurants are within walking distance. There are not that many places like that in Daytona Beach area. This 17-story (no 13th floor, though) building was constructed in 1974 as apartment building. It was converted to condominium in 1982. Outside corridor system. 6 units per floor, total of 96 units. All units are 2 bdr / 2 baths. 8’ ceilings, hook-ups for washer & dryer inside. Li...
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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)
Montovani Italian Restaurant Opens in Ormond By The Sea, Florida  Montovani Italian Restaurant is now open at 1064 Ocean Shore Blvd. in Ormond By The Sea, Florida in the building formally occupied by Lovece's Restaurant; Montovani offers an extensive menu of everything from soups, salads and appetizers to deserts including pizza, subs and a kids menu.  Montovani is open daily 3 pm to 10 pm and also offers carry-out or delivery service.  Entrees range in price from $8 to $22. For additional information call 386-441-1445.  Try Montovani's and comment here to let us know how you liked the food, service and etc.
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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 to close A1A School of Real Estate in Ormond By The Sea Florida.   Ocean View Realty Group in Ormond By The Sea, Florida will not renew the license for the A1A School of Real Estate when it comes up for renewal March 31, 2011.Recently the school has only provided the Real Estate Sales Associate & Broker 14 hour continuing education course required for license renewal.A1A School administrator & Ocean View Realty GroupBroker, Al Raymondi said "eliminating the school will allow us to concentrate more on our core real estate sales and rental activities. We apologize to our loyal customers. Realtors who have used the A1A School of Real Estate for their continuing education requirement will find many alternatives available at competitive prices.
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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 Beach Florida Real estate market watch  Real estate market watch for Ormond By The Sea Florida Ocean View Realty Group has updated the Ormond By The Sea Florida Real estate market watch page on its web site to reflect December 2010 activity.  Homes and condos for sale as of December 31, 2010 are indicated as well as the sales of Ormond By The Sea Florida homes and condos in December 2010.  There is also a section with Plantation Bay Golf and Country Club in Ormond Beach Florida homes for sale by price range and homes sold during the month.  All information is taken from the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS).  View the updated information at http://ovrealty.com/Market_Watch.html  For additional information about Ormond Beach and Ormond By T...
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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)
Frozen in Florida   These photos were taken this morning ouside our back porch in Ormond Beach Florida.  There is ice on the screen and icicycles on the bushes.  The sprinklers were running earlier making the grass crunchy too.              At least we know it melts quickly and there is no white stuff to shovel.
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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 10 year Condo sales chart   Ormond By The Sea Florida 10 year Condo sales analysis 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 2009 59 50,000 595,000 35 $156,706 104,900 200,000 18 2010 66 47,251 550,000 44 $126,672 67,500 200,000 12 These are on the west side of A1A, across the road fr...
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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)
Plantation Bay Golf and Country Cub  in Ormond Beach Florida Homes sold in December, 2010 Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 6 Plantation Bay Golf and Country Cub homes sold in December, 2010 of which one had lender involvement.  Additionally, there are 5 homes under contract waiting closing and 3 of those have lender involvement as either a short sale or foreclosure. The highest priced home sold was a 4 bedroom on Hampstead Lane for $265,000 and the lowest priced was a 2-bedroom 2 bath on Jasmine Run for $120,000.  One of the homes sold had lender involvement. For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www...
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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 in December, 2010  Through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) there were 25 Ormond By The Sea, Florida homes sold in December, 2010.  Eight of the sales had bank involvement, either a short sale or foreclosure. Additionally, there are 33 homes under contract waiting closing and 14 of those have lender involvement. The highest priced home sold was a 4 bedroom on John Anderson  Drive for $870,000 and the lowest priced was a 2-bedroom 1 bath on Brooks Drive for $49,900.  Ormond By The Sea, Florida homes sold in December, 2010 by price range.   Price range$in thousands   Number   1Bdrm   2Bdrm   3Bdrm   4+Bdrm   Lender involved   Under $100,000   12   0   11   1   0   4   100,000-149,999   5   0   1   4   0   1   150,000-249,...
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