We’re now into the third week of typically the busiest month for real estate in the area. It’s been another pretty active week. 43 houses were newly listed for sale. The lowest at $75,000, the highest at $968,000, for an average price of $263,554, and a median price of $170,000 for this group. The county now has just 739 houses active for sale.
Sales is this past week came in at 28 closings. The lowest being $50,000, the highest at $$535,000, for an average price of $145,229, and a median price of $108,750. That raises the total for the year to 920 residential house closings compared to 693 for the same period last year which is a 33% increase.
Condominiums and Townhouses
Condos/townhouses have had their challenges in the area over the last few years. Overall, this sector is starting to come back. Currently there are 286 active condos/townhouses listed for sale. The lowest being $39,000, the highest at $2,800,0000, for an average price of $369,125, and a median price of $253,600. Of those 286, 29 are short sales and 14 are lender owned/government owned/REO.
There have been 30 condos/townhouse closings since January 1st of this year. The lowest at $30,000, the highest being $640,000, with an average price of $162,869, and a median price of $113,000. Of those 30 closings, 26 have been cash sales.
Again, another great week continuing a strong and positive year in the area. Make sure to visit www.PalmCoastHomeShow.com for more market statistics and all your local real estate shopping needs.
Disclaimer: Information based upon the Flagler County Association of Realtors MLS as of 6/17/2012 for Residential Houses & Condominium/Townhouses. Information may be deemed reliable, but is not guaranteed