Flagler Real Estate Report: Sales Down, Prices Up

close up of a woman holding a home for sale sign

Here’s how Flagler County Real Estate is reacting in the face of national recession news. Prices are up, but sales are down. Below is the Palm Coast-Flagler Regional Chamber of Commerce September 2022 Flagler County Real Estate Report:

According to the monthly real estate market report issued by the Flagler County Association of Realtors, September 2022 was NOT a good month for residential real estate.

  • Closed sales down 39% year over year (200, down from 330 a year ago)
  • Paid in Cash Sales down 41% (64, down from 109 a year ago)
  • Both Average and Median sales prices are up, year over year (Median: $362k, Avg: $417k, up 9% and 6% respectively)
  • New listings are down 33% and active listings inventory is up 73%(meaning fewer people are putting their homes on the market and the number of homes on the market has increased significantly).
  • NO Foreclosures and NO Short Sales last month.

View the full report below from the Flagler County Association of Realtors:

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