"Palm Coast, FL - Salt Water Canals - Sales Update"

Back in 1999, I'd never heard of Palm Coast, FL, but was in Flagler Beach for a wedding.  The canals of Palm Coast caught my eye.  Back then, they were a bargain.  I moved here in 2001, at the beginning of the real estate explosion.  I got a bargain on a house on a canal, the week after 9-11.  These canals are really a very unique part of the Palm Coast aura.  Well, as circumstances would have it, they are again a bargain in 2010!

Here is a synopsis of recent activity, over the past 6 months:

• 81 Salt Water Canal homes currently "For Sale"
• "Asking" prices between $185,000 - $849,000
• Median asking price is $372,000
• 8 short sales
• 0 lender owned foreclosures
• Average "Days on the Market" = 202 (and counting)
• Longest time on market = 1,054 days (2.9 years)... dreaming of better times:-)

Now for "Sold and Closed" over this six month period:

• 35 Sold
• Sold between $170,000 - $536,000
• Median sale price is $250,000
• Average "Days on the Market" = 209
• 22 "Normal" sales
• 9 short sales
• 4 foreclosures

Now for vacant salt water canal building lots:

• 56 for sale
• between $89,000 - $395,000
• 10 have Sold
• between $95,000 - $214,000

If you are interested in selling or purchasing a Salt Water Canal home or lot in Palm Coast, FL... contact me for a confidential consultation.  I've been at this real estate profession for 23 years.  I'm really good at what I do... and I can help you get what you want.