Saltwater Canal Homes - Palm Coast, FL - Market Statistics Update - June 2009

Phew...Good news for June Saltwater Canal Homes Sales.....but is it temporary?

We have seen the traditional seasonal increase in sales volume for the month of June on the Saltwater Canals in Palm Coast, FL. Boating season is here and during this time of the year, we always see an increase in the sale of these types of homes....but oddly.... the inventory of available SWC homes is once again increasing.

Both listing and sold prices ticked up significantly for the month of June. This may be due to less "Short Sale" homes coming on the market.

For Current Statistics and more information, click to READ MORE

Area Information about the Saltwater Canals

When designing Palm Coast in 1969, ITT development group put in a unique 23 mile navigable Saltwater Canal system with access to the Intracoastal Waterway. The saltwater canal neighborhoods are divided up into sections and most of the street names begin with the letter "C". Most of the saltwater canals are 80' wide and can accommodate large boats. The Saltwater Canals are all within the City limits of Palm Coast and do not have HOA fees or boat dock fees.

You can just pull your boat up behind your home at your own private dock.

Because of the real estate downturn of home and vacant land prices in Northern Florida...you can now find affordable saltwater canal that sold for hundreds 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 saltwater canal homes very attractive

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.