Flagler County/Palm Coast Market Report July 2009

We are seeing some very postive signs in the area and much needed stabilization. So why is stabilization important? Because value can not recover without it. Just a recap of some of the postives from the Residential House market:

1. Number of listings is remaining at their lowest levels in the last few years @ 1,342 for all of Flagler County & 969 for Palm Coast
2. Number of Sales is slightly above this time last year with 773 houses for all of Flagler County & 716 for Palm Coast Year-to-Date.
3. Foreclosures for sale have remained very light at 20 for all of Flagler County and 17 for Palm Coast.

Click here to see the full market statistics for the area.

Short Sales

This is one area which has had many concerned, but agian there are some real postives in respect to Short Sales in the area. Of the total number of properties for sale right now, Short Sales comprise 28% of the listings for all of Flagler County & 35% of the listings for all of Palm Coast. The great thing is that Short Sales (one of the most difficult property scenarios to sell) comprise 50% of Residential House sales for all of Flagler County & 43% of Residential House sales for all of Palm Coast. Although these types of sales can be lengthier than normal sales, these properties are selling.

Flagler County Active Residential Houses For Sale

Palm Coast Active Residential Houses For Sale

Click here to see the full market statistics for the area.