Flagler County Remains Very Affordable

State and national real estate sales results for November are out. The median selling price for single-family Flagler County homes was 10.5% below the state median and 19.2% below the national median.

PALM COAST, FL – December 23, 2015 – State and local real estate results for November were released Tuesday.  As predicted by GoToby.com, the new TILA-RESPA Integrated Disclosure (TRID) rules for mortgage closings reduced the number of reported home sales closed. TILA-RESPA and TRID aside, real estate fundamentals remain strong.

Flagler County remains affordable. The median selling price for single-family Flagler County homes in November was 10.5% below the state median and 19.2% below the national median.

Compare

November 2015 median selling prices for single-family homes:

• Flagler County – $179,000, up 11.9% from November 2014
• Florida – $200,000, up 13.6% from November 2014
• United States – $221,600, up 6.6% from November 2014

Month to date figures signal a year over year decline for December home sales as well, but year over year December median price growth is expected to be in the same range as November’s increase.

Real Estate Matters

Be sure to listen to my weekly half-hour radio show, Real Estate Matters, every Sunday morning at 9:00 on WNZF News Radio where I discuss a wide range of real estate topics. Listen on 1550 AM or 106.3 FM or streaming live at https://player.listenlive.co/36561. Past shows can be found at https://www.flaglerbroadcasting.com/wnzf/#archives. 

If you need help finding the right agent/broker, I can help. I’m licensed and have been a referral agent for years. It will cost you nothing. I will be compensated by the referred broker only if a sale closes. (386) 931-7124 or Toby@GoToby.com.