Daytona Beach Real Estate Blog: Ormond Beach Real Estate: 2007 Year in Review

Selling houses, land, condos, townhouses, and more in Daytona Beach, South Daytona, Port Orange, Ponce Inlet, Daytona Beach Shores, New Smyrna Beach, Ormond Beach, Wilbur by the Sea, Ormond by the Sea and other towns in east Volusia County. To buy or sell real estate in the Daytona Beach area, make a Smart Choice and call Lisa Hill today.

Ormond Beach Real Estate: 2007 Year in Review

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I just finished giving annual real estate updates for the year 2007 for

As I stated in a couple of those posts, my motto for this year is Real Estate is Great in 2008! I came up with that motto with good reason. Just read my post titled Good News for Central Florida Real Estate in 2008.

But this post is about what happened in real estate for the year 2007 for the city of Ormond Beach Florida. This is the year-in-review market report.

Let me start by quoting from my Daytona Beach real estate 2007 year-in-review post.

"Over the last month or so, I noticed an interesting trend. The residential real estate listing base in the Daytona Beach Area Multiple Listing Service (MLS), which includes all of East Volusia County plus some crossover listings from neighboring areas, has been slowly dropping..." You can read the rest of that post by following the Daytona Beach link above. You'll need the information that's in that post to compare to the data in the following chart for Ormond Beach, since these cities are all part of the Daytona Beach Area Association of REALTORS®.

Ormond Beach real estate sales for 2007

Unlike most of the other surroundng cities, Ormond Beach real estate sales remained fairly steady all the way up to 2006. But the peak years were the same as Daytona Beach, unlike Daytona Beach Shores, where the highest year's sales were in 2004.

I have several more cities to post, to cover all of east Volusia County. Then I'll add a post with a combined chart of all east Volusia cities.

If you're planning to sell or buy real estate in Ormond Beach, make a Smart Choice and contact Lisa Hill.

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7 comments • Lisa Hill (Daytona Beach Real Estate) • January 17 2008 12:46AM

Comments

Lisa - Very nice localism post about your communities in Florida!  Love the sold sign with the house at the bottom!

Posted by Candy Henthorne- Spring Texas Real Estate (Results Realty) over 2 years ago
Great post Lisa! You are just about exact OPPOSITE of me when it comes to giving the statistical bottom line on situations. Great information and many people are wanting specifics about turns and trends in the market at this time. You're the greatest! You are certainly armed and ready for whatever comes your way.
Posted by Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.) over 2 years ago

Hi Lisa,

Great 7 year comparison for Volusia County real estate.

Posted by Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner, CRS,CRB,GRI,SRES, Brea, CA (Preferred Home Brokers) over 2 years ago
Lisa - "Real Estate is Great in '08" I like it.
Posted by Dan Forbes over 2 years ago
Amazing the change from 05 to 06. Yep, 08 will be great. Good luck!
Posted by Gary Waters -Real estate agent Viera Suntree Melbourne and Rockledge FL (Bucci Realty www.moving2brevard.com) over 2 years ago
Lisa - love the graph and heres to a great 2008!
Posted by Central Oregon Real Estate | Broker Thesa Chambers, Licensed in Oregon (RE/MAX Sunset Realty) over 2 years ago
wow - interesting stats - thanks for sharing!
Posted by BarbaraJo's Blog - Clearwater and Pinellas County Florida Real Estate - (Charles Rutenberg Realty) over 2 years ago

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