Monday market Update 7/8/12 to 7/14/12

Real Estate Agent with Trademark Realty Group of Palm Coast

June finished out a good month for sales in the area with 187 houses sold.  This was just slightly over June last year when 184 sold.  Through June of this year we are still 32% above last year for the same time period.  As you can see in the chart below we are on a similar trend from month-to-month.


Palm Coast Flagler County Homes Sales

Activity this past week

This past week we saw 40 new houses listed in Flagler County. The lowest being $65,000, the highest being $1,299,900, for a median list of $168,375.  There are currently 718 houses listed for sale in the area, and again is lowest it’s been in several years.

In terms of closings, there were 21 houses that closed this past week.  The lowest being $74,000, the highest being $400,000, for a median price of $127,000, and average days on the market was 86.  That brings the total number of sales to 1068 for the year through 7/16/2012 with average days on the market of 114.

We have definitely seen the pace pick up in the area.  As you can see, the average days on the market for all house sales is slightly over 90 – 180 days which the average target that you should look for when selling.


Question of the week: All the sales are mostly short sales right?

This actually false.  Of the 1068 houses that have sold only 265 were short sales which is about 25%.  Likewise  of the 718 houses active for sale as of today only 100 are short sales which is about 14%.  This is very positive as short sales have typically been about 35% of all active listings and sales in the last couple of years.

For a full market report of the area visit our Market Report page at

Disclaimer: Information based upon the Flagler County Association of Realtors MLS as of  7/16/2012  for Residential Houses.  Information may be deemed reliable, but is not guaranteed

Posted by

Kathleen West, Realtor
Trademark Realty Group of Palm Coast

416 South Central Ave Flagler Beach, FL  32136 | Office: (386) 446-5930 

"Bringing Real Estate to Life"

Palm Coast Facebook Palm Coast Google+ Palm Coast Twitter Watch Us On YouTube



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Florida Flagler County Palm Coast
palm coast
palm coast realtor
flagler county real estate
palm coast real estate florida
flagler county realtor

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Kathleen West

Flagler County & Palm Coast Realtor
How can I help you?
Spam prevention

Additional Information