Ormond Owners Report First Quarter 2018
Hello From Ormond By The Sea Florida
Ocean View Condominium Rental Group, Inc. also dba Ocean View Realty Group publishes the Ormond Owners Report quarterly newsletter providing out of town Ormond By The Sea home and condo owners local information that they may not otherwise receive. View other editions of the Ormond Owners Report.
BUSINESS BRIEFS
-Hard Rock hotel is now open at 918 N Atlantic ave. Daytona Beach.
-Ben and Jerry’s ice cream shop has opened at One Daytona.
-Landshark Bar and Grill and Cocina 214 tex mex restaurant are open at 451 S Atlantic Ave.
–A Delta hotel by Marriott is open in Daytona Beach Shores.
LOCAL NOTES
-O’hara’s has changed its name to Origins.
-Houligan’s has reopened following hurricane repairs.
Ormond By The Sea Florida condo sales analysis 1st Quarter 2018
This table shows the condos sold January 1 to March 31 in Ormond By The Sea Florida in 2018 through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS) with a comparison to prior years.
| Year | Sales | Low$ | High$ | Average | Avg ask | Avg sq.ft | Price/sq ft |
| 2018 | 24 | 80,000 | 419,000 | 221,563 | 230,971 | 1207 | 181 |
| 2017 | 24 | 87,500 | 470,000 | 207,647 | 218,355 | 1248 | 166 |
| 2016 | 17 | 75,000 | 585,000 | 204,317 | 212,717 | 1184 | 170 |
| 2015 | 20 | 106,900 | 369,000 | 200,353 | 211,179 | 1286 | 159 |
| 2014 | 23 | 50,000 | 490,000 | 187,330 | 201,554 | 1229 | 152 |
| 2013 | 27 | 62,000 | 355,000 | 170,736 | 179,574 | 1150 | 148 |
| 2012 | 14 | 70,000 | 325,000 | 187,571 | 200,714 | 1312 | 143 |
| 2011 | 16 | 108,000 | 250,000 | 150,100 | 163,468 | 1234 | 121 |
| 2010 | 9 | 45,251 | 318,773 | 139,096 | 153,193 | 1242 | 112 |
| 2009 | 11 | 50,000 | 250,000 | 150,333 | 166,020 | 1173 | 128 |
Note the price per square foot and average sale prices are high. Condos that are priced right for the market will sell quickly while anything overpriced will sit on the market.
Contact Ocean View Realty Group to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our website 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.