Palm Coast, Fl Real Estate - Matanzas Woods - Market Update - March 2009

Matanzas Woods

Palm Coast, Florida

(Non-Gated, Golf Community)

Active Listings Market update for March 2009

Matanzas Woods has also held onto property values much better than most of the other non-gated communities in general Palm Coast, Florida. Again, I think it is very important to point out LOCATION. Matanzas Woods is located west of I-95 and is the furthest Palm Coast community to the North. This community is very popular with people who commute and work in St. Augustine & Jacksonville due to its close proximity to US1 with direct access to I-95.

Matanzas Woods also has become more popular since the north bridge over the interstate connecting the west side to the east side was completed, making access to the New Matanzas High School, the beaches and upcoming commercial developments in Palm Coast Park. Oh did I mention it has a golf course.

Because of the real estate downturn of home and vacant land prices in Northern Florida...you can now find affordable homes in Matanzas Woods that sold for tens of thousands more just a few short years ago.

A significant decrease is prices has again occurred just within the last 6 months...making the prices of homes in all of Palm Coast very attractive

54 Homes for Sale

Active Listings:

Lowest Priced Home: $104,000

Highest Price Home: $349,000

Average List Price: $179,900

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# of Listings Bank Owned: 3

% of Listings Bank Owned: %

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# of Listings Short Sale: 26

% of Listings Short Sale: 48%

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Absorption Rate: 14 Months (1year & 2 Months)

Type of Market: Very, Very strong buyer's market

Average Sales Price Per Sq Ft: $62

Sale Price/List Price Ratio: 99%

Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.

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The above statistical data was gathered from the Flagler county MLS and is not to be guaranteed reliable or accurate and is for informational purposes only.

The search homes information is provided through IDX. Kristi L. Ross PA, Hawk Beach Realty, My Broker or associates are not in anyway responsible for any mistaken information provided.