Make sure to check back for updates on

the Palm Coast – Flagler County Real Estate Market and Trends.

 

I believe that information is power

I am an advocate for customer empowerment.

 

Gated, Intracoastal Front, Golf Community of Grand Haven

*I feel it is very important to disclose that I personally own property in this community.*

 

Please read more about this unique and wonderful community here

So little sales activity has taken place over the last few months in the community of Grand Haven that I have chosen to do a three month market report.  The following data is for September 01, 2008 through November 24, 2008.

 

 Search Grand Haven Homes for Sale

 

Total Grand Haven Home Listings: 131 Single Family Homes

Average Listing Price: $433,396

Average Sales Price: $356,222

Total Sold Homes: 9

Total Pending Homes: 10

Pending Bank Owned: 0

Pending Short Sales: 6  (60% of Pending Sales are “Short Sales”)

Days on Market: 281 days -  This is just over 9 MONTHS!!!!

Sale Price/ Last List Price Ratio:  90.13%*

*(This means that Grand Haven Homes sold for an average of 9.87% off the Last Listing Price)

Sale Price/Original List Price Ratio: 78.10%

*(This means that Grand Haven Homes sold for an average of 21.90% off the original listing price)

 

It is clear that owners and their agents are still chasing the market down.

The above data is very concerning to me and I am curious as to where the breakdown is coming from…is it the listing agent or the home owner?  Because here is the reality check…if your house is lingering on the market for 280 days and you end up selling the home for over 20% off off the original selling price…someone is either in denial or did not do their homework when properly pricing the home for sale.

If you are truly wanting or needing to sell your home in Grand Haven…price it aggressively and properly immediately and it will sell.  The only factor driving sales in Palm Coast, Florida right now is Price, Price, Price.  If you are not prepared to sell or list your home for what it is worth….I would recommend removing it from the market to assist in decreasing the inventory levels….this will assist in a faster recovery in the market.

For more information about actually getting your house SOLD instead of just listing it…feel free to contact me for a complimentary assessment.

 

Of the 131 homes currently listed for sale in Grand Haven….

15 Short Sales

8 Bank Owned

 

 

 

Kristi Ross – REALTOR - With over 12 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 come this October….I have learned that information is power and I am an advocate for customer empowerment.

Please feel free to search the MLS for free at my website www.Palm-Coast-Hot-Properties.com. You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

 

 

*DISCLAIMER: 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.

**Disclaimer: 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.

 

Make sure to check back in for updates on

the Palm Coast – Flagler County Real Estate Market and Trends.

I believe that information is power and am an advocate for customer empowerment.

 

Market update November 01 – November 21, 2008

 

The Cypress Knoll community has seen less foreclosures and deep discounted short sales erode away at the prices until recently It looks like we are seeing some weakening in the price stabilization in Cypress Knoll. Last month there were O Bank Owned properties available for sale. There are currently 4 Bank Owned properties now available in Cypress Knoll. Search Cypress Knoll Bank Owned

Located directly across from the new Town Center Project, close to the Flagler County Hospital, easy access to the beach by way of US 100 into Flagler Beach and of course it is a very pretty community. The Cypress Knoll golf course, although one of the toughest plays in town, is also one of the most beautiful.

 

Cypress Knoll Neighborhood (Town Center Area)

70 Homes for Sale

 

Search Homes for sale in Cypress Knoll – Palm Coast, Florida

 

Average List Price: $263,599

Average Sale Price: $217,200

Total Sold Homes: 6

Total Pending Homes: 4

Pending Bank Owned: 0

Pending Short Sales: 1

Days on Market: 336 days – YIKES!!!!

Sale Price/ Last List Price Ratio:  86.75%*

*(This means that Cypress Knoll homes sold for an average of 13.25% off the Listing Price)

Sale Price/Original List Price Ratio: 75.31%

*(This means that Cypress Knoll homes sold for an average of 24.69% off the original listing price)

The above data is very concerning to me and I am curious as to where the breakdown is coming from…is it the listing agent or the home owner?  Because here is the reality check…if your house is lingering on the market for over 300 days and you end up selling the home for almost 25% off off the original selling price…someone is either in denial or did not do their homework when properly pricing the home for sale.

If you are truly wanting or needing to sell your home in Cypress Knoll…price it agressively and properly immediately and it will sell.  The only factor driving sales in Palm Coast, Florida right now is Price, Price, Price.  If you are not prepared to sell or list your home for what it is worth….I would reccomend removing it from the market to assist in decreasing the inventory levels….this will assist in a faster recovery in the market.

 

For more information about actually getting your house SOLD instead of just listing it…feel free to contact me for a complimentary assesment.

 

 

 

 

Kristi Ross – REALTOR - With over 12 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.

Please feel free to search the MLS for free at my website www.Palm-Coast-Hot-Properties.com.  You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

 

There are currently 6 Bank/Corporate Owned Homes listed in Cypress Knoll

There are currently 17 Short Sale Homes listed in Cypress Knoll

 

 

 

 

*DISCLAIMER: 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.

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

 

 

Living Sq Ft: 1597

Bedrooms: 3

Bathrooms: 2

Lot Size:  Oversized 10,858 sq ft

Neighborhood: Lehigh Woods

Condition: Excellent

 

 

 

 

 

For more information about listing and actually getting your home SOLD -  contact your Palm Coast – Flagler County, Florida Real Estate expert Kristi Ross/Hawk Beach Realty@ (386) 931–5822

 

Kristi Ross – REALTOR - With over 12 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.

Please feel free to search the MLS for free at my website www.Palm-Coast-Hot-Properties.com.  You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

 

The Palm Coast – Flagler County Real Estate Market and Trends.

I believe that information is power and am an advocate for customer empowerment.

 

 

 

I personally own waterfront property in Palm Coast, Florida…so this market report is especially important to me personally.

 

Here is a Market Update for Navigable Saltwater Canal & Intracoastal Front Properties for October 1, 2008 to November 18, 2008.

 

Total Active Saltwater Canal & Intracoastal Homes:

195 homes for sale

Average List Price: $580,000

Average Sale Price: $316,000

As you can see from the numbers above…much off our market sales recently have been on the lower priced homes as bargain shoppers have rushed in to pick up the bank -owned deals and lower end properties. At some point these great bottom feeder deals will be gone. So if you have been sitting on the fence…now might be the time to hop off or miss out.

Click on Neighborhood to search Homes:

Current Listing Price Averages

Sailboat Country -Sections 14-15 – $488,982

Search Homes for sale in Sailboat Country – Palm Coast Canals

Clubfield Area – Sections 3-4 $394,316

Search Homes for sale in Clubfield Area – Palm Coast Canals

North West Area -Section 16 – $424,479

Search Homes for sale in Section 16 - Palm Coast Canals

Florida Park Area – Section 6 – $403,911

Search Homes for sale in Florida Park Area – Palm Coast Canals

Flagler Beach Canals – $518,333

Search homes for sale in Flagler Beach – Flagler Beach Canals

Northern/ Southern Peninsula Canals/Direct Intracoastal – $1,478,000

Search home for sale Northern/Southern Peninsula & Intracoastal

Pending Sales for Navigable Waterfront: 12 Homes

Sold Navigable Waterfront: 8 Homes

DOM For Navigable Waterfront Homes: 161 Days

Average List Price : Sale Price Ratio: 90.57%

Short Sale Inventory: 25 Homes

Bank-Owned Inventory: 2 Homes

 

*DICLAIMER: 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.

**Disclaimer: 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.

 

Kristi Ross – REALTOR - With over 12 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.

Please feel free to search the MLS for free at my website www.Palm-Coast-Hot-Properties.com.  You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.