Congress Votes to Extend National Flood Insurance

No lapse in NFIP yet: Congress passed an extension to keep it going until Nov. 21 – the 13th time it’s been extended. President Trump is expected to sign the bill.

WASHINGTON – Don’t expect a lapse – not yet anyway – in the National Flood Insurance Program, the country’s largest flood insurer. The program has been set to expire on Sept. 30, but the U.S. Senate recently passed an extension that would keep the program afloat until Nov. 21. The House had previously passed the extension.

The bill is expected to be signed by President Donald Trump.

This extension will mark the 13th time the program – which is billions of dollars in debt – has been rescued by lawmakers with extensions. The NFIP provides flood insurance coverage to 22,000 communities nationwide and protects property owners against loss from flooding, the most common and costly natural disaster in the U.S.

Federal law requires the purchase of flood insurance for a federally backed mortgage in special flood hazard areas designated by FEMA. Private flood insurance is also available in many high-risk areas, but the NFIP may be the only option for some homeowners.

Any lapse in NFIP funding could jeopardize up to 40,000 home sales a month, the National Association of Realtors® has warned in the past. NAR has long called on long-term reforms to the program. NAR supports reforms to the National Flood Insurance Program, including calls to strengthen flood mapping and mitigation and the development of more private-market flood insurance options.

Meteorologists warn that rising sea levels and increasingly powerful storms will continue to threaten more areas with flooding.

Source: REALTOR® Magazine

© 2019 Florida Realtors®

SOLD! 3 Floyd Court Palm Coast, FL 32137

3 Floyd Court is SOLD! 9/27/19

NAR: Pending Home Sales Rose 1.6% in August

Pending sales went up 1.6%, reversing the prior month’s decrease, and year-over-year contract signings jumped 2.5%. NAR economist calls it “very encouraging.”

WASHINGTON – Pending home sales reversed course in August after a prior month of declines, according to the National Association of Realtors® (NAR). Each of the four major regions in the study reported both month-over-month growth and year-over-year gains in contract activity.

The Pending Home Sales Index (PHSI) – a forward-looking indicator based on contract signings – climbed 1.6% to 107.3 in August, reversing the prior month’s decrease. Year-over-year contract signings jumped 2.5%. An index of 100 is equal to the average level of contract activity.

“It is very encouraging that buyers are responding to exceptionally low interest rates,” says Lawrence Yun, NAR chief economist. “The notable sales slump in the West region over recent years appears to be over. Rising demand will reaccelerate home price appreciation in the absence of more supply.

Regional breakdown: All regional indices were up compared to July, with the highest gain in the West region. The PHSI in the Northeast rose 1.4% to 94.3 and is now 0.7% higher than a year ago. In the Midwest, the index increased 0.6% to 101.7 in August, 0.2% higher than August 2018.

Pending home sales in the South increased 1.4% to an index of 124.4 in August, a 1.8% bump from last August. The index in the West grew 3.1% to 96.4, an increase of 8.0% from a year ago.

Yun says that historically low interest rates will affect economic growth, especially home buying, going forward.

“With interest rates expected to remain low, home sales are forecasted to rise in the coming months and into 2020,” says Yun. “Unfortunately, so far in 2019, new home construction is down 2.0%. The hope is that housing starts quickly move into higher gear to meet the higher demand. Moreover, broader economic growth will strengthen from increased housing activity.”

NAR forecasts home sales to rise 0.6% in 2019 and another 3.4% in 2020. Housing starts are predicted to increase by 2.0% in 2019 and jump an additional 10.6% in 2020, which in turn raises GDP to growth at 2.0% in 2020.

© 2019 Florida Realtors®

September Builder Confidence Hits High for Year

The index gauging builders’ attitudes hit 68 this month. Readings above 50 are considered positive territory, and they’ve been in the mid- to upper 60s since May.

WASHINGTON – Builder confidence in the market for newly built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading above 50 is considered positive territory, and sentiment levels have held in the mid- to upper 60s since May.

“Low interest rates and solid demand continue to fuel builders’ sentiments even as they continue to grapple with ongoing supply-side challenges that hinder housing affordability, including a shortage of lots and labor,” says National Association of Home Builders (NAHB) Chairman Greg Ugalde.

“Solid household formations and attractive mortgage rates are contributing to a positive builder outlook,” adds NAHB Chief Economist Robert Dietz. “However, builders are expressing growing concerns regarding uncertainty stemming from the trade dispute with China. NAHB’s Home Building Geography Index indicates that the slowdown in the manufacturing sector is holding back home construction in some parts of the nation, although there is growth in rural and exurban areas.”

The HMI index gauging current sales conditions increased two points to 75 and the component measuring traffic of prospective buyers held steady at 50. The measure charting sales expectations in the next six months fell one point to 70.

Looking at the three-month moving averages for regional HMI scores, the Northeast posted a two-point gain to 59, the West was up two points to 75, and the South moved one point higher to 70. The Midwest was unchanged at 57.

© 2019 Florida Realtors®

Federal Reserve Cuts Interest Rates by Quarter Point

The Fed cut rates for the second time this year and said it would keep doing what it deems necessary to sustain the U.S. economic expansion. Interest rate cuts have a direct impact on adjustable-rate mortgages and an indirect effect on fixed-rate loans.

WASHINGTON – The Fed cut rates for the second time this year and said it would keep doing what it deems necessary to sustain the U.S. economic expansion. Interest rate cuts have a direct impact on adjustable-rate mortgages and an indirect effect on fixed-rate loans.

In a statement accompanying the announcement, the Fed said the labor market “remains strong,” economic activity has been “rising at a moderate rate,” and household spending “has been rising at a strong pace.”

However, it also noted economic challenges, including “business fixed investment and exports have weakened.”

While Federal Reserve members often unanimously agree on rate changes, the vote this time was 7-3, the largest number of dissents in three years. Two Fed officials voted to keep rates unchanged, while one member argued for a larger half-point cut.

It’s not clear if the Fed will continue to cut rates later this year or not as some have predicted. While a number of Fed officials favor another rate cut soon, at least two officials expect a rate hike.

© 2019 Florida Realtors®

Florida Housing Market: Median Prices & Pending Inventory Up in August

August’s statewide single-family home median price up 4.2% to $265K, sales up 3.2% year-to-year. Condo median price up 2.7% to $190K, sales down 2.9%.

ORLANDO, Fla. – Florida’s housing market reported rising median prices and more pending inventory in August compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 27,107 last month, up 3.2% from August 2018.

Pending inventory for single-family existing homes increased 4.5% last month compared to a year ago, while condo-townhouse pending inventory rose 4.8%. Pending inventory is the number of listed properties that were under contract at the end of the month or data collection period.

“Florida’s favorable jobs outlook, latest low unemployment rate of 3.3% (in July) and strong economy are positive trends for the state’s housing market,” says 2019 Florida Realtors President Eric Sain, a Realtor and district sales manager with Illustrated Properties in Palm Beach. “Meanwhile, low mortgage interest rates are continuing to spark homebuyers’ interest in entering the market.

“Because local housing markets are unique, consumers should turn to a local Realtor to find out more about trends and conditions in their area. Your local Realtor can offer expert advice and guidance during the complex homebuying or selling process.”

In August, statewide median sales prices for both single-family homes and condo-townhouse properties rose year-over-year for 92 months in a row. The statewide median sales price for single-family existing homes was $265,000, up 4.2% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month’s statewide median price for condo-townhouse units was $190,000, up 2.7% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.

According to the National Association of Realtors (NAR), the national median sales price for existing single-family homes in July 2019 was $284,000, up 4.5% from the previous year; the national median existing condo price was $254,300. In California, the statewide median sales price for single-family existing homes in July was $607,990; in Massachusetts, it was $439,900; in Maryland, it was $315,000; and in New York, it was $299,950.

Looking at Florida’s condo-townhouse market in August, statewide closed sales totaled 10,062, down 2.9% compared to a year ago. Closed sales may occur from 30- to 90-plus days after sales contracts are written.

“On a statewide basis, sales and price growth was pretty much in line with what we’ve seen throughout the year,” said Florida Realtors Chief Economist Dr. Brad O’Connor. “There’s no real relief in sight for the inventory shortage, either, so it looks like this downward trend is going to continue, as well. Interest rates remain a wild card. We’re near record lows on the 30-year fixed mortgage rate, but there’s no guarantee we're going to stay down here for any significant length of time.”

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.62% in August 2019, down significantly from the 4.55% averaged during the same month a year earlier.

To see the full statewide housing activity reports, go to Florida Realtors Research & Statistics sectionon floridarealtors.org. Realtors also have access to local market stats (password protected) on Florida Realtors’ website.

© 2019 Florida Realtors®

Fla. Senators Introduce the ‘Canadian Snowbirds Act’

Senate Bill 2507, introduced by Scott and Rubio, would allow Canadian snowbirds to stay in the U.S. for up to eight months – an increase from the current six months.

WASHINGTON – Florida’s U.S. Senators Marco Rubio and Rick Scott think Canadians should be allowed to stay in the United States longer than the current mandatory six months, so they introduced the Canadian Snowbirds Act (S. 2507) in Congress.

The legislation would allow some Canadian citizens to spend up to eight months per year vacationing in the United States without penalty. According to the Canadian Embassy, Canadians who visit Florida contribute more than $6.5 billion each year to the state’s economy.

“Tourism is a crucial part of Florida’s booming economy, creating and supporting thousands of jobs all across the Sunshine State,” Rubio said in a statement. “This bill will be a huge boost to our state’s economy by allowing the millions of Canadian snowbirds who visit Florida each year to stay two months longer.”

To become law, the Senate would have to pass S. 2507 and send it to the House for approval. If that happened, it would then need President Trump’s signature to become law.

The bill would allow Canadian citizens over age 50 who own or rent a U.S. residence to remain in the country for up to 240 days each year. The bill prohibits qualifying visitors from working for American employers or seeking public assistance.

Under current laws, Canadians may remain in the United States for up to six months per year. If they stay more than six months, they’re considered U.S. residents for tax purposes and required to pay U.S. federal income taxes on any and all income they earn that year – regardless of which country it was earned in.

According to VISIT Florida, approximately 3.5 million Canadians visited Florida in 2018 alone. The legislation is endorsed by VISIT Florida and the Canadian Snowbird Association.

“This bill is a win-win for people on both sides of the border,” says Karen Huestis, president of Canadian Snowbird Association 

© 2019 Florida Realtors®

UNDER CONTRACT! 23 Colombus Court Palm Coast, FL 32137

23 Colombus Court is now Pending - Taking Backups. - 9/16/19

Open House Saturday 9/14 - 23 Columbus Court Palm Coast, FL 32137

Open House

Join us this Saturday, 9/14 from 11am - 1pm at

23 Columbus Court, Palm Coast, Florida

SOLD! 11 Conley Court Palm Coast, FL 32137

11 Conley Court is SOLD! 9/10/19

July 2019 Flagler County Waterfront Sales Report

Thank you for checking out this months Waterfront Sales Report for Flagler County. Below are waterfront property sales along with the addresses & selling prices of each sold in July 2019.

If you’re looking to buy or sell a waterfront home feel free to browse the website and register yourself for free market updates. You can also give me a call or text directly at 386-793-1426.

July 2019 Palm Coast - Flagler Beach Saltwater Canal Home Sales Report

TL = Tip Lot P = Pool GC = Gated Community SC = Sailboat Country

• In July, a total of 6 homes sold on the saltwater canal in Flagler County.

• The top saltwater canal home sale of the month in Flagler County was 306 11th Street North in the Palma Vista neighborhood of Flagler Beach at $640,000.

• The deal of the month was 28 Coleridge Court in the Palm Harbor neighborhood of Palm Coast at $295,000.

• The average sales price for Flagler County saltwater canal homes in July, 2019 was $440,667 with an average of 123 days on market.

Flagler Beach Canal Homes Sold in July

306 11th St N Flagler Beach, FL 32136 - $640,000

600 Cumberland Dr Flagler Beach, FL 32136 - $500,000

Average Flagler Beach Saltwater Canal Sales Price: $570,000

Average Flagler Beach Saltwater Canal Days on Market: 133

Palm Harbor Canal Homes Sold in July

6 Chestnut Ct Palm Coast, FL 32137 - $479,000

23 Cormorant Court Palm Coast, FL 32137 - $400,000

23 Criston Court Palm Coast, FL 32137 - $330,000

28 Coleridge Court Palm Coast, FL 32137 - 295,000

Average Palm Harbor Saltwater Canal Sales Price: $376,000

Average Palm Harbor Saltwater Canal Days on Market: 118

July 2019 Flagler County Saltwater Canal Lot Sales Report

• There were a total of 3 lots that sold on the saltwater canal in July.

• The top sale of the month was 6 Calusa Court Palm Coast, FL 32137 at $155,000.

• The deal of the month was 34 A Colechester Lane Palm Coast, FL 32137 at $85,000.

• The average sales price for a saltwater canal lot in July 2019 was $113,000 with an average of 126 days on market.

Below is a summary of each neighborhoods saltwater canal lot sales for June 2019.

Palm Harbor

6 Calusa Court Palm Coast, FL 32137 - $155,000

5 Claridge Ct N Palm Coast, FL 32137 - $99,000

34 A Colechester Lane Palm Coast, FL 32137 - $85,000

Average Saltwater Canal Lot in Palm Harbor Sales Price: $113,000

Average Saltwater Canal Lot in Palm Harbor Days on Market: 126

June 2019 Palm Coast - Flagler Beach Saltwater Canal Condo Sales Report

1763 Windsong Cir Flagler Beach, FL 32136 - $250,000

June 2019 Palm Coast - Flagler Beach Intracoastal Waterway Home Sales Report

• There were a total of 3 homes that sold on the Intracoastal Waterway in June.

• The top sale of the month was 3 Pavilion Ct Palm Coast, FL 32137 at $710,000.

• The deal of the month was 4212 N Ocean Shore Blvd Palm Coast, FL 32137 at $625,000.

• The average sales price for a ICW home in June 2019 was $670,667 with an average of 93 days on market.

Below is a summary of each neighborhoods Intracoastal Waterway sales for June 2019.

Tidelands

3 Pavilion Ct Palm Coast, FL 32137 - $710,000

Grand Haven

101 Front Street Palm Coast, FL 32137 - $677,000

A1A North - Palm Coast

4212 N Ocean Shore Blvd Palm Coast, FL 32137 - $625,000

Average ICW Home Sales Price: $670,667

Average ICW Home Days on Market: 93

July 2019 Palm Coast - Flagler Beach Intracoastal Waterway Lot Sales Report

• There were a total of 2 lots that sold on the Intracoastal Waterway in July.

• The top sale of the month was 8 Island Estates Pkwy Palm Coast, FL 32137 at $415,000.

• The deal of the month was 212 Palm Circle Flagler Beach, FL 32136 at $297,500.

• The average sales price for a ICW lot in July 2019 was $356,250 with an average of 1,217 days on market.

Below is a summary of each neighborhoods Intracoastal Waterway lot sales for June 2019.

June 2019 Palm Coast - Flagler Beach Intracoastal Waterway Condo Sales Report

• There were a total of 3 condos that sold on the Intracoastal Waterway in June.

• The top sale of the month was 500 Canopy Walk Lane Palm Coast, FL 32137 Unit #521 at $325,000.

• The deal of the month was 63 Ocean Palm Villas S Flagler Beach, FL 32136 at $157,900.

• The average sales price for a ICW condo in June 2019 was $229,300 with an average of 74 days on market.

Below is a summary of each neighborhoods Intracoastal Waterway condo sales for June 2019.

Canopy Walk

500 Canopy Walk Lane Palm Coast, FL 32137 Unit #521 - $325,000

Tidelands

45 S Riverview Bend Palm Coast, FL 32137 Unit #1917 - $205,000

Ocean Palm Villas

63 Ocean Palm Villas S Flagler Beach, FL 32136 - $157,900

Average ICW Condo Sales Price: $229,300

Average ICW Condo Days on Market: 74

Thank you for checking out this months Waterfront Sales Report in Flagler County.  All information is believed to be true and accurate, but not guaranteed.  The source for the information above is from the Flagler County MLS.  This is not intended to be an estimate of any ones home value.  To find your homes value in this market, give me a call and we will schedule a free valuation on your property give me a call or text at 386-793-1426.

UNDER CONTRACT! 3 Floyd Court Palm Coast, FL 32137

3 Floyd Court is now Pending - Taking Backups- 8/28/19

UNDER CONTRACT! 11 Conley Court Palm Coast, FL 32137

11 Conley Court is now Pending - Taking Backups. - 8/16/19

Open House Saturday 8/17 - 11 Conley Court Palm Coast, FL 32137

Join us this Saturday, 8/17 from 11am - 1pm at

11 Conley Court, Palm Coast, Florida

NAR: U.S. home sales down 6.4% in Dec.

WASHINGTON – Jan. 22, 2019 – After two consecutive months of increases, existing-home sales declined in the month of December, according to the National Association of Realtors®(NAR). None of the four major U.S. regions saw a gain in sales activity last month.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.4 percent from November to a seasonally adjusted rate of 4.99 million in December. Sales are now down 10.3 percent from a year ago (5.56 million in December 2017).

Lawrence Yun, NAR's chief economist, says current housing numbers are partly a result of higher interest rates.

"The housing market is obviously very sensitive to mortgage rates," Yun says. "Softer sales in December reflected consumer search processes and contract signing activity in previous months when mortgage rates were higher than today. Now, with mortgage rates lower, some revival in home sales is expected going into spring."

The median existing-home price for all housing types in December was $253,600, up 2.9 percent from December 2017 ($246,500). December's price increase marks the 82nd straight month of year-over-year gains.

Total housing inventory at the end of December decreased to 1.55 million, down from 1.74 million existing homes available for sale in November, but that's a year-to-year inventor increase from 1.46 million.

Unsold inventory is at a 3.7-month supply at the current sales pace, down from 3.9 last month and up from 3.2 months a year ago.

Homes also stayed on the market a bit longer before securing a contract. They typically stayed on the market for 46 days in December, up from 42 days in November and 40 days a year ago. However, 39 percent of homes sold in December were on the market for less than a month.

"Several consecutive months of rising inventory is a positive development for consumers and could lead to slower home price appreciation," says Yun. "But there is still a lack of adequate inventory on the lower-priced points and too many in upper-priced points."

According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage decreased to 4.64 percent in December from 4.87 percent in November. The average commitment rate for all of 2017 was 3.99 percent.

"The partial shutdown of the federal government has not had a significant effect on December closings, but the uncertainty of a shutdown has the potential to harm the market," says NAR President John Smaby. "Once the government is fully reopened, I am hopeful that housing transactions will increase."

First-time buyers were responsible for 32 percent of sales in December, down from November (33 percent), but the same year-to-year.

All-cash sales accounted for 22 percent of transactions in December, up from November and a year ago (21 and 20 percent, respectively). Individual investors, who account for many cash sales, purchased 13 percent of homes in December, which is unchanged from November but down year-to-year (16 percent).

Distressed sales – foreclosures and short sales – represented 2 percent of sales in December, unchanged from 2 percent last month and down from 5 percent a year ago.

Single-family and condo/co-op sales
Single-family home sales were at a seasonally adjusted annual rate of 4.45 million in December, down from 4.71 million in November, and 10.1 percent below the 4.95 million sales pace one year earlier. The median existing single-family home price was $255,200 in December, up 2.9 percent from December 2017.

Existing condominium and co-op sales were at a seasonally adjusted annual rate of 540,000 units in December, down 12.9 percent from last month and down 11.5 percent from a year ago. The median existing condo price was $240,600 in December, which is up 2.3 percent from a year ago.

Regional breakdownDecember existing-home sales in the Northeast decreased 6.8 percent to an annual rate of 690,000 and also 6.8 percent below a year ago. The median price in the Northeast was $283,400, which is up 8.2 percent from December 2017.

In the Midwest, existing-home sales fell 11.2 percent from last month to an annual rate of 1.19 million in December, down 10.5 percent overall from a year ago. The median price in the Midwest was $191,300, unchanged from last year.

Existing-home sales in the South dropped 5.4 percent to an annual rate of 2.09 million in December, down 8.7 percent from last year. The median price in the South was $224,300, up 2.5 percent from a year ago.

Existing-home sales in the West dipped 1.9 percent to an annual rate of 1.02 million in December, and 15 percent below a year ago. The median price in the West was $374,400, up 0.2 percent from December 2017.

© 2019 Florida Realtors®

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Flagler County / Palm Coast Saltwater Canal Home Sales Report - January 2018

Robert "Bobby" Keith, Realtor - 386-793-1426

     In January 2018, a total of 9 homes on the Saltwater Canal sold in Flagler County.  The average sales price for last months Saltwater Canal Homes in Palm Coast / Flagler County was $333,778 while the average days on market was 106 days.

     Compared to the same time last year, January 2017,  8 homes on the Saltwater Canal sold in Flagler County. The average sales price then was $321,313 while the average days on market was 59.

     The top home sale in January 2018 was 14 Cormorant Court in the Palm Harbor neighborhood of Palm Coast, selling at $412,000.

     The deal of the month was 305 Flagler Ave North, in Flagler Beach, selling at $210,000. 

     Here's a breakdown of last months sales activity on the saltwater canal in Flagler County.

Palm Harbor / Palm Coast

14 Cormorant Court - $412,000

10 Crow Court - $400,000

1 Charles Court - $381,000

36 Clearview Court North - $321,000

14 Felicia Court - $260,000

6 Cool Water Court - $260,000

 

Flagler Beach

614 Cumberland Drive - $385,000

148 Lantana Avenue - $375,000

305 Flagler Avenue North - $210,000

     Thank you for checking out this Months Sales Report for the Saltwater Canal Homes in Flagler County.  All information is believed to be true and accurate, but not guaranteed.  The source for the information above is from the Flagler County MLS.  This is not intended to be an estimate of any ones home value.  To find your homes value in this market, give me a call and we will schedule a free valuation on your property or have one sent to your email based off information you tell me and information from the property appraisers office within 24 hours.

Robert "Bobby" Keith, Realtor 386-793-1426

Flagler County - Palm Coast Saltwater Canal Homes Sales Report - February 2016

February saw a total of 10 homes on the Saltwater Canal that sold in Flagler County.  The average sales price for this months Saltwater Canal Homes was $337,850 while the average days on market was 168 days.

The top sale of the month was 72 Club House Drive in the Palm Harbor community in Palm Coast selling at $479,000.

The deal of the month was 46 Comanche Court also in the Palm Harbor neighborhood of Palm Coast, selling at $243,000.

Here's a break down of the selling market activity for homes on the Saltwater Canal in the Palm Coast - Flagler County area.

Palm Harbor - Palm Coast

72 Club House Drive - $479,000

3 Corning Court - $415,000

24 Conley Court - $430,000

24 Claridge Court South - $290,000

4 Cunningham Lane - $312,000

7 Clinton Court South - $265,000

46 Comanche Court - $243,000

2 Floyd Court - $290,000

10 Cris Lane - $355,000

Flagler Beach

12th Street North - $299,500

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Are you looking to Purchase a Saltwater Canal Home in Flagler County?  Give me a call at 386-793-1426 or fill out the Buyer Form Here.

Are you looking to Sell your Saltwater Canal Home in Flagler County?  Give me a call or fill out the Seller Form Here.

Robert "Bobby" Keith - 386-793-1426

Thank you for checking out this months Sales Report for the Saltwater Canal Homes in Flagler County.  All info is believed to be true and accurate, but not guaranteed.  The source for the information is from the Flagler County MLS.  This is not intended to be an estimate of any ones home value. 

To get a Free Home Valuation and find out your homes true value, contact

Robert "Bobby" Keith, Realtor 386-793-1426

Please subscribe to our blog for updates on the Saltwater Canal area in Flagler County.

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November 2015 Palm Coast - Flagler County Saltwater Canal Home Sales Report

Palm Coast - Flagler County Saltwater Canal Home Sales Report

November saw a total of 8 Homes on the Saltwater Canal that sold in Flagler County; all of which were in Palm Coast.  The average sales price for this months Saltwater Canal Homes was $321,820 while the average days on market was 95 days. 

The top sale of the month was 50 Cochise Court in "Sailboat Country", located in the Palm Harbor neighborhood of Palm Coast selling at $369,900. 

The deal of the month was 21  Clarendon Court S; also in the Palm Harbor subdivision of Palm Coast selling at $255,000.

Here's a break down of the market activities for homes on the Saltwater Canal in Palm Coast - Flagler County.

Palm Harbor - Palm Coast

2 Criston Court - $348,000

25 Colorado Drive - $362,500

5 Collier Court - $325,000

3 Chestnut Court - $303,000

21 Clarendon Court S - $255,000

50 Cochise Court - $369,900

31 Clermont Court - $275,000

20 Comet Court - $336,160

Hope everyone had a great Thanksgiving.  Thank you for checking out this months Sales Report for the Saltwater Canal Homes in Flagler County.  All info is believed to be true and accurate, but not guaranteed.  The source for the information is from the Flagler County MLS.  This is not intended to be an estimate of any ones home value. 

To get a Free Home Valuation and find out your homes true value, contact

Robert "Bobby" Keith 386-793-1426

Please subscribe to our blog for updates on the Saltwater Canal area in Flagler County.

March 2015 Palm Coast - Flagler County Saltwater Canal Homes Sales Report

March 2015 Palm Coast - Flagler County Saltwater Canal Homes Sales Report

It's spring, and just like the weather, this real estate market is heating up!  In the month of March, a total of 18 saltwater canal homes have sold in Palm Coast and Flagler Beach.  The average sales price for this months Saltwater Canal Homes was $348,000 while the average days on market was 96 days.  The top sale of the month was 80 Club House Drive, selling at $645,000.  80 Club House Drive is located in the Palm Harbor neighborhood of Palm Coast.  The deal of the month was 11 Cherry Court, also located in Palm Harbor.  11 Cherry Court is a 2/2 and sold for $159,000. 

Here's a break down of the market activity for homes on the Saltwater Canal in Palm Coast - Flagler County.

Palm Coast Saltwater Canal Homes Sales Report

2 Flametree Ct - $440,000

22 Fanwood Ct - $280,000

80 Club House Dr - $645,000

16 Chickasaw Ct - $425,000

13 Coleridge Ct - $225,000

37 Comanche Ct - $250,000

36 Cleveland Ct - $262,000

11 Cherry Ct - $159,000

22 Cottagegate Ct - $352,500

2 Clement Ct - $240,000

9 Colonia Ct - $287,000

55 Comanche Ct - $372,500

31 Farraday Ln - $230,000

12 Crazy Horse Ct - $455,000

Sanctuary Saltwater Canal Homes Sales Report

26 Old Oak Dr S - $631,000

Flagler Beach Saltwater Canal Homes Sales Report

304 12th St. N - $275,000

167 Lantana Ave - $290,000

276 Ocean Palm Dr - $445,000

Thanks for checking out this Sales Report for the Saltwater Canal Homes in Flagler County.  All information is believed to be true and accurate, but not guaranteed.  The source for the information is from the Flagler County MLS.  This is not intended to be a estimate of any ones home value.  To get a Free Home Valuation and find out your homes value, contact the Saltwater Canal Homes Team of Flagler County.

Bobby Keith - 386-793-1426

Subscribe to our blog for updates on the area.