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.