Palm Coast, FL Real Estate – Pine Lakes – Market Update – March 2009

 

Pine Lakes

Palm Coast, Florida

 (Non-Gated, Golf Community)

Active Listings Market update for March 2009

Pine Lakes is located west of I-95 and South Of Belle Terre Parkway. 

Pine Lakes has long been a very popular community due to the close proximity to shopping, dining, and of course is the home of the Pine Lakes Golf Course and Club house.

Because of the real estate downturn of home and vacant land prices in Northern Florida…you can now find affordable homes in Pine Lakes that sold for tens of  thousands more just a few short years ago.

A significant decrease is prices has again occurred just within the last 6 months…making the prices of homes in all of Palm Coast very attractive

 

132 Homes for Sale

 

Active Listings:

Lowest Priced Home:        $89,900

Highest Price Home:         $474,900

Average List Price:           $184,900

 

# of Listings Bank Owned:     4

% of  Listings Bank Owned:   3%

Search Bank Owned Home Listings

 

# of  Listings Short Sale:     42

% of  Listings Short Sale:    32%

Search Short Sale Listings

 

Absorption Rate:   28 Months (1year & 6 Months)

Type of Market:   Very, Very strong buyer's market

Average Sales Price Per Sq Ft: $69

Sale Price/List Price Ratio: 92%

 

 

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 7 years ….I have learned that information is power and I am an advocate for customer empowerment.

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 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.

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.

 

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