Palm Coast, Flagler County, Flagler Beach Real Estate
Palm Coast Real Estate Market Report ~ Non Gated Golf Course ~ February 2010
Breaking down the numbers. Palm Coast Real Estate Market Statistics for the Month of February 2010 for the non gated golf course communities of Matanzas Woods, Cypress Knoll, Palm Harbor and Pine Lakes.
There are an awful lot of pending short sales clogging up the market that are just NOT closing….ugh!!! This creates frustration for sellers as it is keeping buyers tied up waiting for answers and closings that may never come while other homes that could sell quickly linger on the market. it also gives a false sense of lower housing inventory levels within the Palm Coast Market.
It is important as a seller or buyer when dealing with short sales to work very closely with experienced agents trained in these types of sales. The Team of Martin Collins & Kristi Ross has been awarded the Certified Distressed Property Expert Designation (CDPE) for the State of Florida. Less than .03% of all agents in Palm Coast, Flagler County have achieved this level of expertise regarding the buying and selling of distressed homes.
For more information on buying or selling real estate in Palm Coast, Flagler County, Florida…contact us. We believe that information is power and are advocates of consumer empowerment with regards to real estate searches, information and transactions.
| February Market Statistics ~Non Gated Golf Course Communities | |||||
|---|---|---|---|---|---|
| Neighborhood | Matanzas Woods | Cypress Knoll | Pine Lakes | Palm Harbor | |
| For Sale Listings | |||||
| # of Total Listings | 37 | 43 | 118 | 86 | |
| #Bank Owned | 1 | 2 | 2 | 1 | |
| # Short Sales | 16 | 9 | 27 | 30 | |
| Distressed Listings | |||||
| Total # Distressed | 17 | 11 | 29 | 31 | |
| % of Distressed | 46% | 26% | 25% | 36% | |
| Pending Sales | |||||
| Total # Pending | 34 | 21 | 38 | 30 | |
| #Bank Owned | 3 | 0 | 3 | 4 | |
| #Short Sales | 26 | 13 | 27 | 14 | |
| % Distressed | 85% | 62% | 79% | 60% | |
| Just Sold | |||||
| Total # Sold | 1 | 0 | 1 | 5 | |
| # Bank Owned | 1 | 0 | 1 | 0 | |
| # Short Sales | 0 | 0 | 0 | 3 | |
| %Distressed | 100% | 0 | 100% | 60% | |
| Price Statistics (Active) | |||||
| Low Price | $89,900 | $144,000 | $95,000 | $63,585 | |
| High Price | $449,000 | $400,000 | $390,000 | $399,000 | |
| Median Price | $189,900 | $220,000 | $179,700 | $159,450 | |
| Price Statistics (SOLD) | |||||
| Low Price | $182,000 | No Data | $94,900 | $92,000 | |
| High Price | $182,000 | No Data | $94,900 | $299,900 | |
| Median Price | $182,000 | No Data | $94,900 | $139,000 | |
| Price Per Sq Foot | $92 | No Data | $54 | $63 | |
| % Discount Off Last List Price | 1% | No Data | 0% | 6% | |
| Other Important Facts | |||||
| Average Days on Market | 209 | No Data | 42 | 161 | |
| # Taken Off Market/Did NOT Sell | 1 | 8 | 16 | 21 | |
| Print article | This entry was posted by Palm Coast Real Estate on March 13, 2010 at 5:21 pm, and is filed under Palm Coast Real Estate Market Reports. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
