ORMOND OWNERS REPORT
Second Quarter 2016
HELLO FROM ORMOND BY THE SEA FLORIDA
Ocean View Condominium Rental Group, Inc., doing business as Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea Florida home and condo owners a source of local information that they may not otherwise receive.
BUSINESS BRIEFS
-Jus’ Beachy (Peckers Pub) has downsized to a single storefront at the same location at 1350 Ocean Shore Blvd.
-Espos restaurant is now open at 1064 Ocean Shore Blvd.
LOCAL NOTES
–The City of Ormond beach is planning to build a floating dock 150 feet into the river at Cassen park, allowing boats to dock on either side. Cassen Park is at the southwest corner of the granada bridge. Completion is scheduled for 2018.
-The drawbridge on Orange Ave. (Silverbeach Ave. from A1A) is being dismantled and replaced with a high rise bridge. Completion is planned for 2019.
Ormond By The Sea Florida mid-year condo sales analysis 2016
This table shows the condos sold in Ormond By The Sea Florida for the first 6 months of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS)
Year | Sales | Low $ | High $ | Average sold $ | Average
ask $ |
Average
Sq. Ft |
sq. Ft. avg $ | Avg DOM |
2016 | 51 | 67,500 | 585,000 | 212,327 | 222,365 | 1237 | 172 | 127 |
2015 | 53 | 47,500 | 360,000 | 157,656 | 167,025 | 1217 | 131 | 163 |
2014 | 54 | 37,500 | 322,725 | 152,806 | 161,269 | 1203 | 127 | 106 |
2013 | 55 | 65,000 | 390,000 | 154,222 | 167,058 | 1236 | 125 | 122 |
2012 | 39 | 37,000 | 395,000 | 136,588 | 148,156 | 1208 | 113 | 108 |
2011 | 17 | 40,425 | 284,000 | $144,320 | 152,898 | 1260 | 121 | 94 |
2010 | 10 | 50,000 | 550,000 | 195,211 | 227,900 | 1399 | 139 | 226 |
2009 | 12 | 95,000 | 474,900 | 209,027 | 234,864 | 1204 | 174 | 196 |
2008 | 11 | 137,000 | 210,000 | 169,490 | 187,000 | 985 | 172 | 133 |
2007 | 8 | 130,000 | 345,000 | 257,875 | 273,550 | 1233 | 209 | 81 |
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 or outside Florida toll free call 1-800-356-3409. 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.