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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.

 

 

 

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.