Ormond Beach, FL Real Estate News

By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Some news from the Volusia Building Industry Association: As Chairman of The Green Building Council, I was invited to sit it on the 2010 VBIA planning meeting last week. This 5 hour session was devoted to helping the association, as well as those it serves, set the stage for a great 2010.   Like all associations, the VBIA has worked through some challenging economic realities in 2009. I am pleased to say that the leadership has taken a very proactive approach in their 2010 planning by addressing some very difficult, and at times, unpopular issues.   Some say that "as the building industry so goes, so goes the local economy". With the number of new jobs that can be created through Green Building, as well as job cutbacks being restored through increased housing starts, I look forward to b...
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
         Ormond Beach Real Estate and Local Events: Info on Lisa Hill's Real Estate Blog Fun Christmas events for Ormond Beach this weekend. If you're planning to buy or sell real estate in Ormond Beach, here are a few fun reasons to live in Ormond Beach, or anywhere in the Daytona Beach area. For those of you who are not aware of this, Ormond Beach used to be the winter home of John D. Rockefeller! His actual winter home is what is now known as The Casements, located at 25 Riverside Drive. The Casements Guild is responsible for sponsoring many fantastic Ormond Beach activities. This past weekend's 30th annual Christmas Gala in Rockefeller Gardens was a huge success. Attendees of The Christmas Gala enjoyed food vendors, art exhibits, craft exhibitors, wagon and carriage rides, and even...
Comments 1
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The post office in Ormond by the Sea, Florida has moved to the former Sunoco service station at 1342 Ocean Shore Blvd.  The new location is across from the Tiffany Condos and is open until noon on Saturdays.                  
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
All 3 of the Ormond By The Sea Florida condo sales in November 2009 were 2 bedroom 2 bath. A townhouse at Madeira Villa Central sold for $135,000, a fourth floor unit at Fairwind Shore sold for $165,000 and a 4th floor unit at the direct ocean front Regency Plaza sold for $175,000. All of these are through the Daytona Beach Area Assoc. of Realtors Multiple Listing Service (MLS). None of the sales were short sales, bank owned or in foreclosure. There are an additional 12 condos under contract pending closing. Thirteen Ormond By The Sea condo were either withdrawn from the MLS or had their listing contract expire during the month of November 2009. Every year since 2004 there have been either 2 or 3 condos sold (closing) in November in Ormond By The Sea except there were 6 in 2008.  Ocean ...
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
    Ormond-by-the-Sea Real Estate, by Lisa Hill "The Smart Choice" for all your real estate needs We're now on post number 7 (plus the additional post that compiled the listing information of the first 4 cities I researched and posted), as I provide you with the current climate of the Volusia County real estate market, based on the active listings on the market, based on information from the Daytona Beach Area Association of REALTORS® and Multiple Listing Service (MLS); with this post focusing on the current real estate listings in Port Orange, Florida. Today is actually December 1, and since these posts are all using data from November, today I'm finishing this series with this post plus one more to follow. My last post featured the current real estate MLS listings for the city of Orm...
Comments 1
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Friday Jan.8, 2010 at the Ormond Beach Performing Arts Center in Ormond Beach, Florida.  Richard Nader's Rock and Roll and Doo Wop show with Joey Dee of Joey Dee and the Starliters, Tony Passa of the Fascinators, Tommy Mara current lead singer of the Crests, Steve Horn of the 5 Sharks, Frank Mancuso of the Imaginations, plus special guest star. This is expected to be a magical evening of solid gold Doo Wop and Rock and Roll hits. Call the box office for additional information and tickets 386-676-3375.  Tickets make great holiday gifts.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
 Lovece Italian Restaurant is now open again at 1064 Ocean Shore Blvd. Lovece's has served Ormond By The Sea Florida residents and visitors for over 20 years and was voted "Best Around" in 2004. New hours are currently Wednesday to Saturday from 4 PM
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
         Ormond Beach Real Estate, by Lisa Hill "The Smart Choice" for all your real estate needs I'm now on post number 6 (plus the additional post that compiled the information of the first 4) of my blogging series for each city in East Volusia County, providing real estate information on the available MLS listings; the types of properties, the number available, and the price ranges for each group. For this post we're featuring the city of Ormond Beach, located to the north of Daytona Beach, with the city of Holly Hill in between Daytona Beach and Ormond Beach (but Holly Hill does not extend over the bridge/Intracoastal Waterway, to the "beachside" which is what Volusia County locals call the area between the Intracoastal and the Atlantic Ocean. It's actually a peninsula. And the cit...
Comments 4
By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
According to News-Journal, Reno, NV, Cincinnati, OH, and Portland, OR have a similar festival but now there is a new town on the block and it is Ormond Beach, FL. “Ormond Beach's scenic river for the first time will take center stage over its usually more popular destination -- the Atlantic Ocean”. The city's first festival called Riverfest ran Saturday and Sunday, and combined folk and bluegrass music on three stages, kayak demonstrations and races, and a whole host of other activities, food vendors from area restaurants, children's corner with a climbing wall and games for children, plus booths offering crafts and representing local businesses. The festival activities span from the recently renovated Rockefeller Gardens across from the Casements on the south side of Rt. 40 (Granada Av...
Comments 4
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Through the Daytona Beach Area Association of Realtors Multiple Listing Service (MLS) 4 condos sold in Ormond By The Sea Florida in October, 2009. That compares to 3 sales in both 2007 and 2008. None of the 2009 sales were foreclosures or short sales. At this rate of sales we have about 2 years worth of inventory of condos for sale in Ormond By Sea, Florida.One sale was a 3 bedroom at Sand Dunes for $152,500 and the lowest sale was at Winchester manor for $82,000. There were 2 sales at $180,000, one at Seascape on the 5th floor and one at Ocean House on the 3rd floor. Both of those buildings feature secured entry, inside laundry, underground parking and more than 1150 sq. ft. of living area. Both units were in good condition and sold fully furnished.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
     Here is a chart I made from the Daytona Beach Area Association of Realtors MLS. The average sales price is an indicator of the recent reduction in condo values. Year Sales Lowest$ Highest$ 2/2* 2/2 average$* 2/2 Low $* 2/2 High $* Directly on the beach 2001 87 49,250 270,000 55 $106,836 66,000 160,000 21 2002 117 55,000 339,000 69 $124,644 63,000 189,900 27 2003 109 64,500 350,000 59 $149,076 92,600 190,000 44 2004 84 78,000 599,000 41 $198,227 125,000 255,000 29 2005 111 128,000 840,000 74 $263,326 137,500 335,000 23 2006 43 117,000 810,000 24 $250,954 130,000 346,000 13 2007 50 110,000 830,000 28 $218,636 110,000 300,000 16 2008 41 110,000 720,000 25 $178,396 150,000 200,000 14                    * These are on the west side of A1A
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The inventory of condo for sale in Ormond By The Sea, Florida through the Daytona Beach Area Multiple Listing Service (MLS) continues to be high with 108 condos for sale. There are 9 condos under contract pending closing. We have not seen a significant reduction in the inventory of condos for sale. Last year at this time there were 112, which was lower than the 130 for sale in 2007, but the numbers recently have stayed slightly over 100 condos for sale in Ormond By The Sea. The lowest asking price is a 1 bedroom at the Ocean Shores Condo for $59,900 and the highest is the 4 bedroom at the Tiffany for $790,000. With one exception every condo (32) with an asking price of $250,000 is either directly on the beach or a 3 bedroom. More than half (60) of the condos for sale in Ormond By The S...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
 There were 12 single family homes sold in Ormond By the Sea, Florida in October, 2009 through the Daytona Beach Area Association of Realtor Multiple Listing Service (MLS).  Surprisingly, none of the sales were 2 bedroom 1 bath.  All had either 2 baths or 3 bedrooms.  The lowest sale price was $125,000 on Seaside Drive and the highest was $420,000 on Coquina Key Drive.  Five of the sales were under $150,000.  One sale for $270,000 was on the east side of A1A.  Nine of the 12 sales had at least 3 bedrooms.For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.
Comments 1
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Spacious first floor, 2 bedroom 2 bath condo at Seascape in Ormond By The Sea. This end unit has a window on the east wall of the living room for extra light and a view of the beautiful Atlantic Ocean. Seascape features underground secured parking. There is a ceiling fan in the dining area. The modern, all electric kitchen has lots of cabinet and counter space and a large pantry and hook-ups for a stackable washer/dryer. Rentals are restricted to a monthly minimum and pets are not allowed. Seascape unit 101 is the East End of the building convenient to the pool and the beach. Tile and new Berber carpet, fresh paint. This end unit condo is move-in ready and boasts easy access to the beautiful pool and the beach. Go the Seascape condo home page of the Ocean View Realty Group for photos a...
Comments 0
 Lisa Hill's Daytona Beach Area Real Estate Blog. Make A Smart Choice for all your real estate needs Some of you may remember this photo from a townhouse I had listed for sale. The community pool was closed with no explanation why. I was trying to get pool photos for my listing. Well, I think I discovered why the pool area was closed. ROFL! For all your real estate needs, make a Smart Choice and contact Lisa Hill View some of Lisa's Featured Real Estate Listings. Search for real estate listings for sale in the Daytona Beach, Port Orange, Ormond Beach, Ponce Inlet areas. www.DaytonaBeachRealEstateSales.com   ALL CONTENT, INCLUDING IMAGES AND PHOTOS, IS OWNED BY LISA C. HILL AND PROTECTED BY U.S. COPYRIGHT LAWS. DO NOT COPY!
Comments 16
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond Loop named National Scenic Byway The Ormond Beach Scenic Loop & Trail has been designated a National Scenic Byway by the U.S. Department of Transportation. The Loop runs along John Anderson Highway, Walter Boardman, Beach St, Granada and A1A and offers views of marshes, the ocean, the river, and thick trees and other natural vegitation. Less than 150 other roads across the country have received this designation. For information, a map and photos of the Ormond Beach, Florida scenic loop and trail, go to http://ormondscenicloopandtrail.com/index.html.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Single family homes market in Ormond By the Sea, Florida  There are 123 single-family homes currently for sale in Ormond By The Sea, Florida through the Daytona Beach area Multiple Listing Service (MLS). Asking prices range from $74,900 to $2,699.000. There are 19 asking under $130,000 and 28 asking over $400,000 with 7 of those asking a million or more. There are 21 that are in various states of lender ownership including short sales. Of the 16 homes that sold in September 2009, 8 were short sales or bank owned. A short sale is where the sale price is lower than the amount a seller owes on the current mortgage. The highest sale price in September was $210,000 and 7 of the September 2009 sales were $120,000 or lower.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
July to September, 2009 Ormond By The Sea, Florida condo sales Condo values have declined but not as drastically as the past. The 3rd quarter (July-Sept.) 2009 average condo sale price was $156,036 for a 2 bedroom 2 bath on the west side of A1A. That is $21,297 less than the 3rd quarter of 2008, which was $42,000 lower than the 3rd quarter 2007. Volusia county property appraisal Morgan Gilreath has stated that overall property values in Volusia County, Florida are decreasing at an average rate of 2 ½% monthly. Ormond By The Sea 2 bedroom 2 bath condo on the west side of A1A year over year for the 3rd quarter have declined in value about 12%.    July to September Ormond By The Sea, Florida condo sales   Year     Sales      Average (2/2 West of A1A) Sale Price)   2005     26        $286,9...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea, Florida Condo Market, October 1, 2009 For Ormond By The Sea, Florida through the Daytona Beach Area MLS the inventory of condo for sale continues to be high at 103. There are 7 condos under contract awaiting closing. Using the 5 sales in September as the basis would mean there is over 20 months or inventory, which continues to be higher than what we would expect in a "normal" market. Generally a 6-month supply of inventory would be considered a balanced or normal market. Of the 103 condos for sale in Ormond By The Sea, Florida, 32 are on the beach or 3 bedroom units asking $250,000 or more.Asking prices for 55 or those for sale are under $200,000 with 23 of those being $150,000 or lower. The lowest asking price is $95,000 for a Kingston Shore condo and the highest is ...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
September 2009 Ormond By The Sea, Florida Condo sales Five Ormond By The Sea, Florida condos sold through the Daytona Beach area multiple listing service (MLS) during September 2009. Compare that to 2 sales in 2008, 4 in 2007, 5 in 2006 and 6 in 2005. One sale was a one-bedroom foreclosure for $66,100 and one was at the direct oceanfront Capriana. Three sales were 2-bedroom 2 bath on the west side of A1A and the average sales price for those 3 was $163,300. This average is only about $10,000 less than the September 2008 average so we may be seeing a slowdown in the rate of loss of value. All 3 of the 2-bedroom condo west of A1A had sales prices within 6% or less off of the asking price so setting a price close to the market value is very important. Average time of the market for those 3...
Comments 0