See how Flagler County compares to the U.S. and Florida May home sales. As usual, we are the most affordable; 5.0% below the state median and 12.9% below the national median.
PALM COAST, FL – June 22, 2016 – May home sales were released today by both Florida Realtors® and National Association of Realtors®. As in the past, the median price of a single-family home in Flagler County is less than in Florida overall (-5.0%) and in the U.S. (-12.9%).
Here is how Flagler County stacks up:
Homes sold May 2016 vs. May 2015 (percentage change)
- Flagler – 4.1%
- Florida – 4.5%
- U.S. – 4.5%
Median selling price for single-family homes
- Flagler – $210,000
- Florida – $221,050
- U.S. – $241,000
Percent paid in cash
- Flagler – 41.1%
- Florida – 29.1%
- U.S. – 22.0%
Short Sale percentage
- Flagler – 0.9%
- Florida – 2.3%
- U.S. – 1.0%
- Flagler – 4.8%
- Florida – 9.4%
- U.S. – 5.0%
Here’s how existing-home sales fared across the country in May:
- Northeast: existing-home sales rose 4.1 percent to an annual rate of 770,000, and are now 11.6 percent above a year ago. Median price: $268,600, which is 0.1 percent below May 2015.
- Midwest: existing-home sales fell 6.5 percent to an annual rate of 1.3 million in May but are still 3.2 percent higher than a year ago. Median price: $190,000, up 4.8 percent from a year ago.
- South: existing-home sales rose 4.6 percent to an annual rate of 2.28 million in May and are now 6.5 percent above a year ago. Median price: $211,500, up 5.9 percent from a year ago.
- West: existing-home sales climbed 5.4 percent to an annual rate of 1.18 million in May but are still 1.7 percent lower than a year ago. Median price: $346,900, which is 7.7 percent above a year ago.
Note: U.S. "existing home sales" in the regional analysis includes single-family homes, townhomes, condominiums and co-oops.
U.S. Home Sales Infographic