in Ormond-by-the-Sea, FL • 2026 Buying Guide
Best Month
February
$252K
Avoid
November
$284K
Potential Savings
$31K
11.1% difference
Market Type
Balanced
5.6 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$415K
+25.8% YoY
Days on Market
98
median days
Inventory
152
active listings
Sale-to-List Ratio
93.7%
room to negotiate
Jan
$273K
Feb
$252K
BestMar
$260K
Apr
$263K
May
$262K
Jun
$262K
Jul
$267K
Aug
$270K
Sep
$271K
Oct
$271K
Nov
$284K
PeakDec
$283K
Based on historical sales data in Ormond-by-the-Sea
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Ormond-by-the-Sea's median price at $415K, a 20% down payment would be approximately $83K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Ormond-by-the-Sea's housing market, February is typically the best time to buy a condo. During this month, prices average around $252K, which is 11.1% lower than peak prices in November. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Ormond-by-the-Sea is $415K. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed +25.8%. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Ormond-by-the-Sea has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Ormond-by-the-Sea include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Ormond-by-the-Sea currently spend an average of 98 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Ormond-by-the-Sea's median price of $415K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Ormond-by-the-Sea? Our analysis shows that February typically offers the best prices, with homes averaging around $252K. Buying during this time could save you up to $31K compared to peak months like November.
With a median price of $415K and homes spending an average of 98 days on market, Ormond-by-the-Sea is currently a balanced market. There's currently 5.6 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Working with a local real estate agent who knows Ormond-by-the-Sea can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in condos.