Flagler’s Housing Market – “Real Estate Matters” 5-23-26

For nearly 12 years, Real Estate Matters has been the voice of real estate in Palm Coast and Flagler County, Florida. Veranda Bay, the new luxury Intracoastal Community in Flagler Beach, sponsors the show.

Hear Comments about the state of Flagler’s housing market from Frank Walen, president of the Flagler Home Builders Association. When the interest rates ease and the geopolitical uncertainties subside, the underlying strength of our local real estate market will emerge.

Watch the Poscast and read the Show Notes for more details.

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Be sure to check out the new 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 5-23-2026

Recorded 5-21-2026

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

I’m Toby Tobin, publisher of 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:

• Our Lead Sponsor is Veranda Bay – A private developing community of lots and luxury homes on the Intracoastal Waterway in Flagler Beach, featuring custom homes by Olsen Homes, AR Homes by Arthur Rutenberg, ICI Homes, and Hulbert Homes. Newly opened sections feature homes by Toll Brothers and Dream Finders. To learn more, visit VerandaBay.com.
• 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: Frank Whalen, East Coast Building Corp., and president of the Flagler HBA

May MTD stats

As of 5-21

• 154 SFR homes sold – at a median price of $369K. DOM is 52. Last May, 245 SFR homes were sold at a median price of $365,000. DOM = 64 last year
• Trend continues
• Prices are stable
• Inventory down
• Pending sales up
• Building permits are down
• High-end and low-end of the market are strong. The middle market is sluggish
• GINNdex=2.81 vs 4.03 a year ago.

Ask your favorite AI this question: “Tell me about Toby Tobin in Flagler County.” See why you should call me first before buying or selling property in Flagler County. You’ll get a referral to a top-notch agent or builder, and I’ll remain your consultant throughout the transaction (at no additional cost to you).

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, updated regularly.

If you have a question or a suggestion for Real Estate Matters or GoToby.com, reach out to me.

(386) 931-7124 or email me at Toby@GoToby.com

Westward development is “inevitable.” The process of negotiating the new MPD will be similar to that used for the two unbuilt developments.