Moving On Up: Flagler County/Palm Coast Market Update

By
Real Estate Agent with Trademark Realty Group of Palm Coast

In Flagler County and Palm Coast we have seen a lot of positives this year in regards to local real Flagler County Palm Coast Market Moving Upestate with residential houses.  Just some highlights are:

  1. A 25% increase in the total number of houses sold from January 1st through October 31st of this year compared to 2011.  1,704 homes sold in 2012 during that period compared to 1,362 in 2011.
  2. A significant decrease in the number of houses for sale which is at 846 as of 11/19/2012.  In the last few years this number was typically around or over 2,000.
  3. A significant drop in the number of short sales listed.  We are currently 88, or  about 10% of all active house sale listings for the County.  Just last year this number average around 35% of all listings.

One of the biggest questions that comes up is in regards to the recovery of prices.  The good news is that the combination of increasing sales and lower inventory levels is resulting in the flattening out and slight increases in prices.  This is the direction we want to see . . . slight increases.

Click the links below for specific market statistics in Flagler County and Palm Coast.

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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Kathleen West

Flagler County & Palm Coast Realtor
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