Saltwater Canal Homes In Palm Coast: Less To Choose From, Listing Prices Rising

Palm Coast Florida Saltwater Canal Homes Report May 2012

We are moving into prime buying season for Saltwater Canal Homes in Palm Coast, Florida.  As the weather warms, the idea of living on the water, with a boat in your own backyard dock with access out to the Intracoastal Waterway and Atlantic Ocean, comes to the front of many minds.  Living on the Saltwater Canals in Palm Coast, Florida is a lifestyle choice just as choosing to live in a Golf Course community like Hammock Dunes, Ocean Hammock and Grand Haven or choosing to live beachside in the Oceanfront neighborhoods of Sea Colony, Cinnamon Beach, Hammock Beach and Matanzas Shores.

Inventory of homes for sale on the Saltwater Canals in Palm Coast is down for another month with only 72 properties available for sale through the Flagler County MLS.  The number of Saltwater Canal homes listed for sale under $350,000 has also dropped from 50 last month, to 42 homes this month.

The lowest priced home on the Saltwater Canals is a Bank Owned REO Foreclosure at 119 Cimmaron Dr  Palm Coast, FLORIDA 32137 listed for $167,750  The highest priced Saltwater Canal home is a  luxury home on Island Estates in Hammock Dunes at 37 Island Estates Pkwy  Palm Coast, FLORIDA 32137...this property is listed for $1,475,000

The Saltwater Canals are not immune from market distressed properties and there is currently 6 bank owned REO foreclosures available and  ther number of Short Sales on the Saltwater Canals has decreased 50% over the last couple of months.  There are now only 6 Short Sale homes on the Saltwater Canal market ranging in price from $199,900  up to $699,000

An impressive 43 Saltwater Canal homes are currently under contract pending sale. with almost 50% of those being distressed properties.  The pending homes have listing prices ranging from $99,000 up to a luxury homes in Hammock Dunes for $1,280,000.

Bank Owned REO & Short Sale Saltwater Canal Homes For Sale

View All Saltwater Canal Homes For Sale

44 Palm Coast Saltwater Canal Homes Sold YTD in 2012.

SubdivisionStreet # Street NameSold Price# Beds# BathsLiving SqFtprice per sq ftSpecial Conditions
Saltwater Canals9 Classic Court$100,000321642$61
Saltwater Canals105 Coral Reef Ct N$130,000321766$74Short Sale
Saltwater Canals16 Cloverdale Ct S$146,000321918$76Short Sale
Saltwater Canals14 Chippeway Ct$162,000221860$87Foreclosure
Saltwater Canals15 Farraday Lane$130,000221353$96Short Sale
Saltwater Canals23 Cloverdale Ct S$210,000322166$97
Saltwater Canals23 Clarendon Ct S$180,000321790$101Foreclosure
Saltwater Canals30 Fernham Lane$194,900321936$101
Saltwater Canals2 Crossgate Ct E$200,000321966$102
Saltwater Canals9 Crow Court$280,000322732$102
Saltwater Canals24 Claymont Ct S$135,000221314$103Short Sale
Saltwater Canals1 Cloverdale Ct S$276,500422654$104
Saltwater Canals17 Cloverdale Ct N$280,000432674$105Foreclosure
Saltwater Canals5 Cameo Court$150,000321424$105Foreclosure
Saltwater Canals63 Island Estates Pkwy$750,000566968$108Foreclosure
Saltwater Canals101 Colechester Lane$150,000221376$109Short Sale
Saltwater Canals5 Colonial Ct$210,000321924$109
Saltwater Canals27 Coral Reef Ct S$248,500332274$109
Saltwater Canals29 Colorado Drive$255,000322276$112
Saltwater Canals5 Colleen Court$255,000322176$117
Saltwater Canals16 Coconut Court$175,000321478$118
Saltwater Canals10 Captains Ct$450,000543792$119Short Sale
Saltwater Canals8 Calusa Court$320,000322638$121
Saltwater Canals13 Crossbow Court$243,000321991$122
Saltwater Canals16 Cold Spring Court$205,000321622$126
Saltwater Canals71 Longview Way N$293,000322305$127Foreclosure
Saltwater Canals2 Cherokee Ct W$175,000321376$127
Saltwater Canals5 Crandon Court$275,000322149$128
Saltwater Canals14 Chadwick Court$280,000432131$131
Saltwater Canals35 Cormorant Court$255,000321933$132
Saltwater Canals13 Clement Court$310,000322328$133
Saltwater Canals17 Clarendon Ct N$280,000422088$134
Saltwater Canals18 Claridge Ct N$286,000322108$136
Saltwater Canals48 Cortes Court$307,800332250$137
Saltwater Canals97 Covington Lane$174,000321220$143Foreclosure
Saltwater Canals7 Coleridge Court$280,000321959$143Short Sale
Saltwater Canals6 Cleveland Court$232,000321590$146Foreclosure
Saltwater Canals16 Cedar Hollow Court$230,000221568$147
Saltwater Canals15 Cedar Hollow Court$335,000322278$147
Saltwater Canals9 Crossgate Ct W$232,900321571$148
Saltwater Canals8 Crandell Court$356,000332320$153
Saltwater Canals5 Carlson Lane$292,000321820$160
Saltwater Canals16 Cherokee Ct E$225,000321382$163Short Sale
Saltwater Canals4 Chinook Court$590,000533237$182

 If you are interested in more information about Saltwater Canal homes and other luxury home communities in Palm Coast Florida, please feel free to contact The Ross/Collins team with Prudential Warren Real Estate anytime.

Palm Coast Saltwater Canal Homes Recently Listed For Sale

Palm Coast Saltwater Canal Homes Recently Price Reduced

Sea Colony Homes Real Estate Market Report May 2012

 Monthly Market Report for Sea Colony May 2012.

Sea Colony currently has 7  homes for sale featuring canal front and Oceanfront / Oceanview locations..  The lowest priced home in Sea Colony is a rare single story  at 50 Nantucket Dr Palm Coast, FL 32137 listed for $179,900.  The highest priced Sea Colony home is a a Palm Coast Ocean Front two story at 52 Sea Vista Drive Palm Coast, FLORIDA 32137 listed for sale at $599,000. And, the best value in Sea Colony is a single story home on a great corner lot at 30 Bedford Dr  Palm Coast, FLORIDA 32137 just listed for $215,000.

Sea Colony is not immune from market distressed properties and has had several foreclosures and short sales over the last few years.  However, as of right now, all of the  bank owned REO foreclosures  and Short Sale homes on the market  in Sea Colony have been sold. This is very good news for a community because it shows a stabilization in prices.

View Sea Colony Homes For Sale

7 Sea Colony Homes in Palm Coast Florida Have Sold YTD in 2012

SubdivisionStreet # Street NameSold Price# Bedrooms# Full BathsLiving SqFtprice per sq ftSpecial Conditions
Sea Colony1 Nantucket Ln$151,000221338$113
Sea Colony30 Andover Dr$170,000221033$165
Sea Colony35 Andover Dr$182,000321364$133
Sea Colony43 Bristol Lane$210,000321722$122Lender Owned
Sea Colony64 Bristol Lane$220,000321722$128
Sea Colony9 Andover Dr$245,000321722$142
Sea Colony41 Nantucket Dr$297,500321842$162

If you are interested in more information about Sea Colony and other luxury home communities in Palm Coast Florida, please feel free to contact The Ross/Collins team with Prudential Warren Real Estate anytime.