Kathleen West - Palm Coast/Flagler County
Palm Coast & Flagler County Real Estate
As I said last week, March residential house sales in Flagler County saw a dip in performance compared to March of 2013, when the number of sales this year came in at -22%. April thus far this year has had 62 closings for residential houses in Flagler County bringing the total to 498 year-to-date. April […]
Just like our homes, websites occasionally need a refresh. The time for a makeover of our website was a bit overdue. When we initially launched the original site it was always with the goal of providing visitors with a great place to shop for local real estate and provide resources for buyers and sellers. The response has […]
Residential Houses 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. […]
As many buyers begin their shopping in the area they are surprised to find the selection lighter than they anticipated. Likewise, they are surprised to find the house they finally decided on is no longer available just days later. The truth is that the market has been changing with less properties available for sale and […]
If you’ve been thinking about selling your house you may have come across the advice to to a “For Sale By Owner”. Whether selling yourself or through an agent, advertising online and in an MLS (notice that I didn’t say “the MLS”, and I’ll explain this more in a moment) is extremely important nowadays. Some real […]
We’re through October and the local real estate market has been another year of some real positives. It’s also been a year of interesting developments too.
Like the rest of the country, Flagler County and Palm Coast saw a dip in the number of home sale closing in July to the tune of about 28%. 103 homes closed in July of this year compared to 142 in July of 2009. Year to date, the area still remains 7% above last year through August 25th in terms of the number of home sales. August through 8/25/10 has seen 82 closings and is slightly below the same period in August last year when 94 homes closed.
Recently the Flagler County Association of Realtors began transitioning over to Sentrilock lockboxes. These lockboxes add far greater security and peace of mind for sellers.
The common question today is how is ‘the market’ now that the tax credit for new contracts has expired? Remember to qualify for the tax credit the buyer must have signed the contract by April 30, 2010 and closed by June 10, 2010 with the closing date date extended now to accomodate short sales. Since most sales will close within 30 days, May was a real focus as an indicator of the impact of the tax credit and June to a point. So how is the market? Still holding strong in the area. Let’s take a look at the Palm Coast Residential Home statistics:
Through April of this year, the number of Flagler County residential homes sold has risen 17% compared to the same period in 2009. This period in 2009 saw 378 homes sold with 2010 seeing 442. 83% of those sales were up to $209,000 compared to 81% in 2009. Median price during these periods saw a decline 7% which was driven by the increase in the rise in the number of lower priced homes being sold. See the price bracket breakdown below.