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Which Flagler Communities Show the Most Robust Housing Price Recovery?

Overall Flagler housing prices hit bottom in 2009. A few wealthier communities held on for another year. Since, which communities have had the greatest recovery from their respective lows?

By Toby Tobin

PALM COAST, FL – January 24, 2018 – The housing recession is over. Flagler County and Palm Coast home prices are rising at rates well above the Consumer Price Index (CPI). Residents are mostly above water and happy with their regained equity.
 

Flagler County Median Home Prices

The Hammock Dunes DRI is comprised of Hammock Beach, Ocean Hammock, Cinnamon Beach, Hammock Dunes, Island Estates, and Harbor Village Marina/Yacht Harbor. It along with Palm Coast Plantation and Grand Haven are wealthier communities and suffered less value reduction and fewer short sales and foreclosures. Their recovery percentage is consequently lower than those communities that took big price hits.
 

Flagler County Community Home Price Recovery

Seminole Woods had the highest percentage of both distressed sales and price recovery. Flagler Beach, Grand Haven, and Palm Harbor showed better than average recovery, even though they had generally fewer distressed sales, signaling that these markets are particularly strong today.


Toby Tobin: REALTOR®, SRES®

I am a REALTOR® licensed by the State of Florida and Seniors Real Estate Specialist, SRES®, with Grand Living Realty, now helping fellow aged 50+ buyers and sellers achieve improved outcomes in real estate transactions by integrating them with other age-related decisions/plans through my broad network of respected service providers; financial, wills, trusts, probate, insurance, healthcare, home services, recreation, lifestyle, estate planning, and adult living facilities.

Take advantage of my "Been there. Done that." experience, typically at no additional cost to you. Call me at (386) 931-7124 or email me at Toby@GoToby.com.

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Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.