Tax Credit Expiration Does Not Appear To Have Effected Performance In Flagler County & Palm Coast

By
Real Estate Agent with Trademark Realty Group of Palm Coast

Many (including myself) had been wondering what effect the expiration of the Home Buyer Tax Credit Program would have on local sales.  In all honesty, I had expected to see a drop compared to the year before this month (May 2010).  I am pleased to see that performance remains strong in the area. 

The number of home sales for Flagler County through 5/26/2010 are +15% compared to 1/1/2009 through 5/26/2009 with median price at -9%.  Likewise, 5/1/2010 through 5/26/2010 sales are +9% compared the same period the year before with medin price at -6%. 

We are seeing steady and strong comparables each month and this is obviously great news.  In terms of median price, we are seeing dips but at a much slower rate than the past few years which again were seeing double digit drops. 

Start your Flagler County and Palm Coast Home Search Today!

Posted by

Kathleen West, Realtor
Trademark Realty Group of Palm Coast

416 South Central Ave Flagler Beach, FL  32136 | Office: (386) 446-5930 
Email:  Kathleen@PalmCoastHomeShow.com
www.PalmCoastHomeShow.com

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Comments (1)

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great news for our market; hopefully, this means the market is recovering and will be great for all of the Agents.

May 26, 2010 05:19 AM