I had said at the beginning of the year, that it would be interesting. And it has been just that. Moreso, it's been a year for some real positives in the area.

• Palm Coast closed September 7% above the Residential Home Sales compared to the same time last year (961 vs. 894).
• The number of listings remains dramatically lower than previous years.
• Short Sales have been consistent at about 35% of all Residential Home listings in the area.
• The number of Residential Home Foreclosures remains very low at about 21 for sale with 167 sold for the year at only 57 Days-On-The-Market
• Plus more

This has been a year so far that has shown alot of stabilization and a bit of an upturn. All of which is very positive compared to the past couple of years. The one question that remains on owners, buyers, and sellers' minds is price. Average Price still remains lower than previous years, but can not change for the positive without stabilization which we are seeing now. So if buyers were ever wondering if now is the time to buy? Well, the answer is most certainly . . . yes. As a buyer there are many things to consider to get the best deal, but most importantly . . . selection, price, and interest rates. Selection has gone down. Price remains lower for now. And interest rates are hand-down the lowest historically. As I read in an article this past year, this will be the year to say I am glad I bought then (or something to that effect), and I couldn't agree more.

Here's some statistics for the Palm Coast area and visit the Market Report page at PalmCoastHomeShow.com for the full area report.

"Bringing Real Estate To Life"

Kathleen West, Realtor
Kathleen West
Trademark Realty Group of Palm Coast
"Excellence Is Our Trademark"
Call me at (386) 446-5930
Email me at Kathleen@PalmCoastHomeShow.com

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