A quarterly newsletter by Ocean View Realty Group to keep folks informed about Ormond Beach and Ormond By The Sea Real Estate and other business happenings.

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ORMOND OWNERS REPORT Fourth Quarter 2016 HELLO FROM ORMOND BY THE SEA FLORIDA

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ORMOND OWNERS REPORT

Fourth Quarter 2016

HELLO FROM ORMOND BY THE SEA FLORIDA

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

BUSINESS BRIEFS

– Ocean View realty group has redesigned their website to bring it up to date with the latest technology.  All the same great information about Ormond by The Sea and sales and rentals of homes and condos is still there.  Go take a look at the result of our efforts.  WWW.OVREALTY.COM  

– Jimmy Hula’s “surf shack” restaurant is now open at 191 E Granada in Granada Plaza.
– 2017 wall calendars are still available at the Ocean View Realty Group office.  Stop in and  get yours when you are in town while supplies last.

LOCAL NOTES

– Tanger Outlet mall is now open at LPGA Blvd and I-95 with over 75 brands including restaurants.  
– Skyzone Trampoline Park is open on International Speedway Blvd., the site of the former K-Mart.
– Cobb Theater has opened at One Daytona on International Speedway Blvd. across from the speedway.
Ormond By The Sea Florida condo sales analysis 2016
This table shows the condos sold in Ormond By The Sea Florida in 2016 through the Daytona Beach Area Realtors® Multiple Listing Service (MLS) compared to prior years.  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.

Year Sales Lowest$ Highest$ Avg Ask$ Avg Sold$ Sold$/SqFt Avg DOM
2006 43 117,000 810,000 331,372 313,114 241 164
2007 50 110.000 830,000 322,152 294,016 223 241
2008 41 110,000 720,000 227,475 204,355 175 274
2009 59 50,000 595,000 197,940 176,553 147 200
2010 66 47,251 550,000 168,106 150,428 117 271
2011 79 40,425 495,000 166,589 151,610 115 188
2012 79 37,000 380,000 164,918 152,183 126 196
2013 109 62,000 390,000 176,437 165,225 136 205
2014 115 37,500 490,000 181,599 171,151 142 129
2015 109 47,500 499,000 189,378 179,503 149 144
2016 121 67,500 585,000 229,334 219,265 174 135

 

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 vacation rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with leasing, buying or selling ovforsale@aol.com.

ORMOND OWNERS REPORT First Quarter 2016

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ORMOND OWNERS REPORT

First Quarter 2016

HELLO FROM ORMOND BY THE SEA

Ocean View Condominium Rental Group, Inc. also doing business as Ocean View Realty Group publishes this informative newsletter each quarter providing out of town Ormond By The Sea home and condo owners a source of local information about the area that they may not otherwise receive

 

BUSINESS BRIEFS

-Valentino’s restaurant has closed.  The former lovece restaurant building is once again for rent at 1064 Ocean Shore.

-McClain Insurance has moved from the Mall to 1010 Ocean Shore Blvd.

-The pool and spa store has moved from Ozzie Plaza to 1360 Ocean Shore Blvd.

-Star video has closed at 1452 Ocean Shore Blvd.

-TL’s Home & Garden Decor has opened at 1452 Ocean Shore Blvd.

 

LOCAL NOTES
–Local cake lady wins on Food Network show.  Read the story here.  
http://www.news-journalonline.com/article/20160126/NEWS/160129641?Title=Ormond-Beach-designer-wins-on-Cake-Wars-  
–The S.R.Perrott building on west Granada has been sold.  The new owners plan to convert it to a self storage facility.
-A new interchange is now open in Palm Coast at Matanzas Pkwy.
Ormond By The Sea Florida 2016 first quarter condo sales analysis
This table shows the condos sold in Ormond By The Sea Florida for the first 3 months
of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS)

Year Sales Low $ High $ Avg Avg ask $ Avg Sq.Ft Sq. Ft. avg.$ Avg

DOM
2016 17 75,000 585,000 204,317 212,717 1184 170 136
2015 19 106,900 369,000 200,353 211,179 1286 159 137
2014 20 50,000 490,000 187,330 201,554 1229 152 78
2013 25 62,000 355,000 170,736 179,574 1150 148 115
2012 14 70,000 325,000 187,571 200,714 1312 143 49
2011 19 108,000 250,000 150,100 163,468 1234 121 176
2010 21 45,251 318,773 139,096 153,193 1242 112 197
2009 15 50,000 250,000 150,333 166,020 1173 128 97

 

CONTACT OCEAN VIEW If you need information 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 or outside Florida a toll free call 1-800-356-3409. Email Deanna or Jeanne for vacation rental information at ovrentals@aol.com.  Rhonda Lehnen is our Realtor® and can help with leasing, buying or selling ovforsale@aol.com.

 

Ormond Owners Report Third Quarter 2014

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ORMOND OWNERS REPORT

Third Quarter 2014

HELLO FROM ORMOND BY THE SEA

Ocean View Condominium Rental Group, Inc., doing business as Ocean View Realty Group publishes this informative newsletter each quarter and sends it to out of town Ormond By The Sea property owners.  Ocean View provides non-resident owners a source of local information about the local area that they may not otherwise receive.  If you have comments, questions or suggestions do not hesitate to contact us.

Business Briefs

Crabby Chris is open at 1760 Ocean Shore Blvd, the former location of Chupacabras Beachside BBQ & Burritos.  Crabby Chris has BBQ and other stuff.

Real Estate activity

 

Ormond By The Sea Florida 3rd Quarter condo sales analysis

This table shows sales in the July (1st) to September (30th) quarter by year for 14 years to analyze the Ormond By The Sea Florida condo sales and make year by year comparisons.

 

 

Year # Sales Low $

Sold

 High $

Sold

 Average

Sold $

 Average ask $ Average

Sq. Ft

 Price/sq.

Ft. avg $

 Average Days

On market
2014 38 102500 335000 190513 164850 1270 150 104
2013 30 80000 365000 181341 191520 1196 152 139
2012 26 75000 380000 156521 170784 1131 138 149
2011 17 85600 495000 180024 203737 1354 133 199
2010 15 65000 530000 151400 165520 1169 130 108
2009 22 59900 595000 186864 214481 1167 160 164
2008 11 110000 720000 238264 262963 1212 197 162
2007 20 125000 825000 292620 318490 1167 251 180
2006 15 191000 410000 268393 281440 1246 215 103
2005 26 149900 840000 325931 338250 1251 261 36
2004 24 170000 599000 276575 248229 1307 212 61
2003 45 92600 320000 186491 193218 1174 159 70
2002 35 55000 339000 144104 148810 1165 124 39
2001 19 51500 252000 129121 136666 1187 109 63


Ormond By The Sea Florida 3rd Quarter condo sales analysis.jpg

 

 

 

CONTACT OCEAN VIEW If you need information to help you buy, sell or rent your Ormond By The Sea property.  Lots of information is available on our web site www.ovrealty.com and our rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245 or outside Florida a toll free call 1-800-356-3409.  Email Deanna or Jeanne for rental information at ovrentals@aol.com Rhonda is our Realtor and can help with buying or selling.  Email at ovforsale@aol.com  Our general email address is ovrealty@aol.com .