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Grand Haven Palm Coast FL Real Estate Market Update

By
Real Estate Agent with Real Living/ Palm West Home Realty

I been having a hard time finding a home to meet the criteria and expections of two families I am currently working with who have both targeted the gated community of Grand Haven in Palm Coast.  As I study the Grand Haven market it is easy to see why.  The number of home sales in Grand Haven Year to date has risen 65% over last year while inventory has fallen.  For the first five months of 2012 the average price for a home in Grand Haven was $310,000, this year it is $331,000. 

But here is the really compelling part,  in May the median price of the 14 homes that sold in Grand Haven is up to $361,000.  Not only are prices in Grand Haven rising but the rate of increase is excellerating.