12 Years of Real Estate Matters – How Have the Numbers Changed? – 7-4-26 Show

For nearly 12 years, Real Estate Matters has been the voice of real estate in Palm Coast and Flagler County, Florida.

2014 Compared

In June 2014, the median price was $160,000, or $226,560 when adjusted for inflation.

The most dramatic change is found in the total sales volume, as the following adjusted numbers show:

June 2014 – $52.5M

June 2026 – $151M

Watch the Podcast and read the Show Notes below for more details.

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Be sure to check out the continually updated interactive Flagler County Map of Developments and Subdivisions.

Raw Show Notes

Our behind-the-scenes guide to the show’s flow, including topics we didn’t have time to get to on the show. This is raw and likely contains typos. Data reflects the date of the show’s recording.

Show Notes for 7-4-2026

Recorded 7-2-2026

Welcome to the tranquil side of Florida. This is Real Estate Matters, the voice of real estate in Flagler County and Palm Coast for 12 years.

I’m Toby Tobin, publisher of the real estate news website GoToby.com, and a Florida-licensed Realtor with Grand Living Realty. I’m joined by Co-host Annamaria Long from the Flagler Homebuilders Association, one of our sponsors.

Thanks to Our Sponsors:

• Flagler County Home Builders Association
• Hammock Community Church – On A1A in The Hammock – Small enough to know you but large enough to serve you. North of the toll bridge with the message sign out front. It’s not just for Hammockians. Like me, many people cross the bridge.

Guest: None

June stats update (as of 7-2)

• 327 homes sold at a median price of $363,850 vs 257 at $358,445. DOM=43 vs 52 one year ago.
• <$250K – 8 sold, 5 for cash, DOM = 25
• $1M+ – 14 sold, 7 for cash, DOM = 40
• Listings – 1.158 vs 1,405, DOM = 75 vs74
• Pending sales – 333 vs 319, DOM = 50 vs 62, List price = $379383,900 vs $366,500
• GINNdex – 3.5 vs 4.4

Check out the latest article on GoToby.com. It’s a report on May results and a summary of the first 5 months, including a neat map of May home sales layered by price so you can see the effect of location on home values. The map has been viewed over 2,300 times.

Today’s Topic

Today marks the 250th anniversary of our country’s founding. It also represents the 12^th anniversary of “Real Estate Matters.” That’s 624 shows. A lot has happened in 12 years.

This year also marks 20 years of my blog, GoToby.com, which now boasts over 3,000 pages of content. Even more has happened in 20 years: from the peak of the housing bubble to the depth of the Great Recession to the post-COVID rebound.

2006 Compared

The beginning of 2006 represented the peak of the housing bubble, when the median selling price for a Flagler County single-family home hit $259,900. By June that year, the median had already dropped to $247,000. That’s $415,528 when adjusted for inflation. By comparison, the June 2026 median price is $363,850.

We did not return to the unadjusted $259,900 until June 2020, when the COVID rush began.

2014 Compared

In June 2014, the median price was $160,000, or $226,560 when adjusted for inflation.

The most dramatic change is found in the total sales volume, as the following adjusted numbers show:

June 2006 – $41.5M

June 2014 – $52.5M

June 2026 – $151M

This growth is driven by the growing number of homes sold and is commensurate with population growth:

• June 2006 – 195
• June 2014 – 189
• June 2026 – 327

It also reflects a shift in housing mix towards more expensive homes. For instance, the highest priced home sale in June 2014 was $840,000, or $1,189,440 (adjusted). By comparison, 11 of the 14 $1M+ sales reported in June 2026 were above the adjusted 22014 mark. Two were above $2M, and one was above $4M.

This June, $1M+ homes represented 4.3% of home sales, but 15.6% of overall sales volume.

Other interesting stats:

SFR Building permits

• May 2006 – 195
• May 2014 – 42
• May 2026 – 151

Foreclosures initiated:

• May 2006 – 29
• May 2014- 126
• May 2026 – 29

Wrap-up:

Video podcasts of Real Estate Matters are available on GoToby.com. Click on Podcasts on the top navigation bar. Show notes are included so you can see what we didn’t get to on the show. Also, on GoToby.com, the Flagler County Interactive map of residential developments and subdivisions is updated regularly. Currently viewed over 11,000 times.

Let me be your consultant at no additional cost to you. Owners’ associations and Florida’s property tax system are often misunderstood by buyers and sellers, leading to undesired outcomes. I have served on homeowner and condo association boards and a CDD commission. I understand the world of deed-restricted communities. I also served for more than ten years on the Flagler County Value Adjustment Board.

If you are thinking about buying or selling property in Flagler County, call me first. I’ll introduce you to a highly qualified agent or builder and serve as your consultant throughout the transaction at no additional cost. Call me at 386-931-7124 or email me at Toby@GoToby.com.