Preliminary: Flagler County and Palm Coast April Home Sales
I expect additional reporting for April, but the numbers already look really good. Gross sales for single-family homes is the highest since mid-2006.
Palm Coast, FL – May 4, 2015 – As usual, some late reporting is still coming in. Even with additional MLS sales likely to be posted, April’s Flagler County housing market looks like it’s on a roll. Non-distressed sales now dominate the market, making up fully 87.8% of the total gross sales dollars for single-family homes. Gross sales for single-family homes is the highest since mid-2006.Here’s a quick snapshot of some other numbers.
| 2015 | 2014 | |
| All Homes Sold | 208 homes | 208 homes |
| Median Selling Price | $171,800 | $156,950 |
| Price per Square Foot | $107.08 | $97.79 |
| Homes Sold for Cash | 92 homes | 101 homes |
| Percentage of Total Homes | 44.2% | 48.6% |
| Short Sales | 3 homes | 10 homes |
| Percentage of Total Homes | 1.4% | 4.8% |
| Lender-owned (REO) | 39 homes | 47 homes |
| Percentage of Total Homes | 18.2% | 22.6% |
| Non-Distressed | 165 homes | 151 homes |
| Percentage of Total Homes | 79.3% | 72.6% |
Watch for my next newsletter for a more complete analysis.
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