ORMOND OWNERS REPORT
Third Quarter 2015
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.
Congratulations to Realtor® Rhonda Lehnen of Ocean View Realty Group. Rhonda accounted for
20% of the Ormond By The Sea condo sales in August.
BUSINESS BRIEFS
– The building at 1190 Ocean Shore Blvd has been sold and will eventually become a Dunkin Donuts.
It is the former PNC Bank.
LOCAL NOTES
– An outlet mall is being planned for the southeast corner of LPGA and I-95. The developers hope
to begin construction this year and open late in 2016.
– 2016 wall calendars are in. Stop by Ocean View Realty Group for yours while supplies last.
– A second pedestrian walkway over International Speedway Blvd. has been erected just a few hundred
yards east of the original, allowing safer crossing of the 8 lane road.
Ormond By The Sea Florida 3rd quarter condo sales analysis
| Year | # Sales | Low $
Sold |
High $
Sold |
Average
Sold $ |
Average ask $ | Avg
Sq. Ft |
$/sq.ft | Avg DOM |
| 2015 | 37 | 115900 | 475000 | 200091 | 210203 | 1256 | 172 | 121 |
| 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 |
For additional information about the Ormond By The Sea Florida real estate market for homes and
condos for sale and sold visit the Ocean View Realty Group web site market watch page.
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 rental information at ovrentals@aol.com. Rhonda Lehnen is our Realtor® and can help
with buying or selling ovforsale@aol.com.
Visit https://www.ormondownersreport.com/ to view previously published newsletters and to sign up for a reminder
email when new information is added.