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Palm Coast/Flagler County Real Estate Martin Collins & Kristi L. Ross

Palm Coast Real Estate -JUST SOLD - Amazing Deal in Pine Lakes

9 Whittlesey, Palm Coast – Wow, what a deal!

With deals like this, Florida real estate is becoming more attractive everyday…

4 Bedroom – 3 Baths with over 1,900 square feet of living area! Built in 2003.

SOLD in September 2009 for $139,900 !!!

9 Whittlesey Palm Coast FL

9 Whittlesey ENTRY 9 Whittlesey DR

9 Whittlesey BR 9 Whittlesey BATH

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This property was a “Short Sale” approved by the lender. Sold by Hawk Beach Realty.


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Brought to you by Kristi Ross, Hawk Beach Realty.
Call me today at (386) 931-5822
Visit my website at
http://www.palm-coast-hot-properties.com/!

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Palm Coast Real Estate - JUST SOLD - Salt Water Canal Lot $99,500 CASH!!!

SOLD - Salt Water Canal Lot with OCEAN VIEWS!

Here’s one you missed! SOLD!!! 3568 N Oceanshore Blvd, (Hammock Moorings North) Palm Coast Florida - This BANK OWNED lot was originally listed on July 2nd, 2009 for $134,900. It SOLD in less than 90 days for $99,500 CASH.3568 N Oceanshore AERIAL

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Fantastic Location at unbetable price with Salt Water Canal frontage and only across the street from Ocean! Community has access to the Beach right across the street from gate. If you are searching for Florida at its BEST look no further! This is a beautiful home site for any boater / ocean enthusiast. Submit all Offers on AS-IS contract with proof of funds or pre-approval letter. Sold by Hawk Beach Realty.


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Brought to you by Kristi Ross, Hawk Beach Realty.
Call me today at (386) 931-5822
Visit my website at
http://www.palm-coast-hot-properties.com/!

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Palm Coast Saltwater Canal Home - JUST SOLD - $335,000

This Florida CANAL FRONT home SOLD for $335,000

Originally listed on April 1, 2008 for $485,000

SOLD for $335,000 – 3 Bedroom – 3 Bath – 2,572 Square Feet

11 Collinson Ct Palm Coast FL11 Collinson Ct DOCK

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SOLD! - A unique one-of-a-kind Mariani custom-built home located on a saltwater basin. 3 bedrooms (2 masters), 3 full baths. Some of the many upgrades and features include: See-thru fireplace between living room and den, built-in china cabinet and buffet in dining room, abundance of closets and other built-ins. Large propane tank to fuel whole-house generator and fireplace. Florida room under heat and air, handicapped accessible 18'x35' boat dock has water, electric, boat lift, security lights, sink and built-in seating area to relax and enjoy the basin view. AND MORE. Great location in excellent neighborhood. Sold by Hawk Beach Realty.


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Brought to you by Kristi Ross, Hawk Beach Realty.
Call me today at (386) 931-5822
Visit my website at
http://www.palm-coast-hot-properties.com/!

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Palm Coast Real Estate - JUST SOLD - 11 Lewis Shire Place - $105,000

Florida home SOLD for $105,000 - 1,775 sq ft, built in 2004!!!

SOLD for $105,000 – 3 Bedroom – 2 Bath – 2 Car Garage

11 Lewis Shire Pl Palm Coast FL

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SOLD! – This was a Short Sale Lender Approval Required. Brick home w/ split floor plan, 3 bedrooms, 2 bathrooms, tiled floors throughout except bedrooms. Nice kitchen w/tiled backsplash, breakfast nook & bar counter. Large fenced back yard, very nice neighborhood. Built in 2004!!! Sold by Hawk Beach Realty.


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Brought to you by Kristi Ross, Hawk Beach Realty.
Call me today at (386) 931-5822
Visit my website at
http://www.palm-coast-hot-properties.com/!

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Palm Coast Real Estate - Saltwater Property Market Report - September 2009

Palm Coast Real Estate- Saltwater Market Report

I have started to add the number of pending home sales and the number of pending sales that are “Short Sales” to the Palm Coast/ Flagler County Real Estate Market Reports. The reason for this is to better gage the market…you see, “Short Sales” have a very high fall through rate; homes that never make it to closing. In my opinion, there seems to be a very high number of currently pending saltwater canal homes..if all these homes sell, that will be great news, they will be removed from inventory and will reduce the number of short sales we must deal with. However, if these short sale homes do not close, there is a very good chance that they will continue to move through the foreclosure system and will once again be added back into the homes for sale inventory as bank owned or lender owned properties at discounted prices at a later date.

So to take a deeper look at the pending sales data for September, it is important to note that of the 23 homes currently pending sale on the Saltwater Canals in Palm Coast, only 5 of those were actually taken pending during the month of September. Also it is a little disheartening that 18 of the 23 pending homes are “Short Sales” and may not make it to closing at all prior to being turned over to the bank and then relisted as a foreclosure.

16 New Listings were added to the Palm Coast Saltwater Canal Homes For Sale Inventory in September and 3 properties came back on the market and did not sell. With a higher number of new listings versus pendings for September, it will be critical to watch these numbers as they indicate a return to larger inventories in upcoming months. Traditionally, higher inventory of homes available for purchase signal lower sale prices as sellers compete for buyers.

Flagler Beach Saltwater Canal Homes and Intracoastal Front homes are still making a poor showing in September for closings. This again tells me that sellers need to become very aggressive on pricing in order to get their homes sold…prices still need to come down to meet with what buyers are willing to pay.

One of the biggest shockers for the month of September was the sale of a Palm Coast Saltwater Canal Home with a pool that closed in September for only $59 a square foot…with a total of 3 Palm Coast Saltwater Canal Homes closing for under $100K per square foot…..YIKES!!!!

Below is a snapshot of the current real estate market in Palm Coast & Flagler County, FL

Palm Coast – Flagler County Homes for Sale Data – September 2009

Palm Coast Saltwater Canal & Intracoastal Properties Search

ACTIVE LISTINGS

Total # of Listings

96

13

55

160

#of New Listings 16 1 4 11

Low Price

$189,000

$254,900

$299,900

$80,000

Average Price

$424,636

$451,131

$1,309,525

$316,383

Median Price

$399,700

$335,000

$999,999

$273,500

High Price

$990,000

$975,000

$6,950,000

$1,049,900

# Bank Owned

0

0

0

4

% Bank Owned

0

0

0

2.5%

# Short Sales

12

0

4

17

% Short Sales

12.5%

0

6.9%

9.8%

#Pending Sales 23 2 3 14
# of Pending that are Short Sales 18 2 0 8
#Back on the Market 3 1 2 3

Palm Coast – Flagler County Homes Sold Data – September 2009

Palm Coast Saltwater Canal & Intracoastal Properties Search

SOLD LISTINGS

Palm Coast

Flagler Beach

Intracoastal

Vacant Lots

# of Solds

11

0

2

1

Low Price

$170,000

No Sales

$535,000

$159,500

Average Price

$256,636

No Sales

$542,500

$159,500

Median Price

$250,000

No Sales

$542,500

$159,500

High Price

$355,000

No Sale

$550,000

$159,500

# Bank Owned

1

No Sales

0

1

% Bank Owned

9%

No Sales

0%

100%

# Short Sales

3

No Sales

0

0

% Short Sales

27%

No Sales

0%

0%

Avg. Days On Market 161 143 62

Absorption Rate

10 Months No Sales 5 Years 34 Months

Type of Market

Buyer’s Market Strong Buyer’s Market Very Strong Buyer’s Market Very Strong Buyer’s Market

Recently Sold Saltwater Canal Homes in Palm Coast, FL

Address Price Beds Baths LivingSqFt Pool Type of Sale YearBuilt ppsqft
2 COLUMBIA LANE $170,000 4 3 2866 Yes Short Sale 1988 $59
27 N CLINTON CT $210,000 3 2 2028 No 1984 $104
25 COLECHESTER LN $340,000 3 2 2492 No 1996 $136
19 COMET COURT $355,000 3 2 1995 Yes 1994 $178
64 CLUBHOUSE DR $250,000 3 2 1865 No 1985 $134
25 FARRADAY LN $170,000 3 3 2076 No Lender Owned 1974 $82
13 S CLINTON CT $258,000 3 2 2129 No 1981 $121
12 CHESNEY COURT $225,000 3 2 1836 Yes Short Sale 1983 $123
16 CRISTON COURT $250,000 3 2 1780 No 1986 $140
2 N CLARENDON CT $240,000 3 2 2490 Yes Short Sale 1989 $96
4 CALUSA CT $355,000 3 3 2700 Yes 1986 $131

Are you ready to start your search for your future home??

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Featuring everything from bank-owned foreclosed homes under $100K up to luxurious Oceanfront Homes and Condominiums...you will find everything you need when searching for Palm Coast & Flagler County Florida real estate all in one place.


Martin CollinsREALTOR – Florida Licensed in Real Estate since 2003 and over $40 Million in sales covering full range of properties, including: Short Sales, Commercial Property, High End Gated Communities, Vacant Land, Water Front Properties, Golf Communities, Rental Properties I have developed a broad customer base in both the U.S. and Internationally. My goal is to assist both buyers and sellers achieve their ideal goals in today’s diverse real estate market. For professional service and real estate representation with integrity…contact me today @ PalmCoastMLS@gmail.com

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 8 years and also a Licensed Colorado Broker....I have learned that information is power and I am an advocate for customer empowerment. Let my expertise with data analysis, information technology, proven negotiating strategies and a portfolio of hundreds of satisfied customers and closed real estate transactions benefit you when buying or selling real estate is Palm Coast & Flagler County, FL. I am also, sometimes unfortunately during these tough times, very seasoned and experienced with bank owned foreclosures and short sales….if you are looking for a REALTOR to handle your most important transactions….contact me today….@ PalmCoastMLS@gmail.com


*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed