Flagler County Real Estate Gets Off To Strong Start In 2013

By
Real Estate Agent with Trademark Realty Group of Palm Coast

January was definitely going to be an interesting month for local real estate because of the performance in 2012 when we saw 122 residential house close which was 56% above 2011.  January is typically the lowest number of real estate closes each year in the area.  January 2013 didn’t come in above 2012, but we saw 107 residential house closings which is 13% below last year but 37% above 2011.  Click here for all of the local market report details

Price

The median price of those homes closing this January was $143,000 and was the highest it’s been since 2009 for the month of January alone.  Overall median price has been trending upward in the area and all signs point to that trend continuing.

Flagler OCunty Palm Coast Homes Media Price Sales History

Cash still dominates the market

Cash sale composed 58% of January 2013 residential house closings.  Conventional loans came in at a strong second at 29%.

Flagler County Palm coast Homes Financing History

What to expect for 2013

We anticipate 2013 to be another strong year for the area.  Inventory still remains at the lowest levels in years with about 890 houses for sale right now.  Demand and “foot traffic” is continuing to be strong in the area.  February is typically the month we see a strong increase in online searches and in just these first few days of this month this year we have seen a spike in those searches.

Disclaimer: Information based upon the Flagler County Association of Realtors MLS  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 
Email:  Kathleen@PalmCoastHomeShow.com
www.PalmCoastHomeShow.com

"Bringing Real Estate to Life"

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

                                               

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Industry
Location:
Florida Flagler County Palm Coast
Tags:
palm coast
real estate
palm coast real estate
palm coast homes
flagler county real estate
palm coast houses
flagler county realtor

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
771,531
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Info for your market!! Keep up the good work and good luck with your business in 2013!

Feb 12, 2013 04:18 AM #1
Post a Comment
Spam prevention
Show All Comments

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

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

Rainmaker
87,542

Kathleen West

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

Additional Information