📊 Florida Market Update: What’s Happening in Palm Coast Real Estate (Spring 2025)

📊 Florida Market Update: What’s Happening in Palm Coast Real Estate (Spring 2025)

Spring 2025 has ushered in a dynamic real estate landscape in Palm Coast. Whether you're considering selling, buying, or simply staying informed, here's a comprehensive look at the current market trends.

🏠 Home Prices: Modest Growth Amidst Market Adjustments

  • Median Home Price: As of April 2025, the median sold price in Palm Coast stands at $359,400, reflecting a 2.6% year-over-year increase.]
  • Price Variations by Bedroom Count:
    • 1-Bedroom Homes: Significant appreciation with a 56.6% increase, now at $310,000.
    • 2-Bedroom Homes: A slight decrease of 5.6%, bringing the median to $255,000.
    • 3-Bedroom Homes: A modest decline of 2.6%, settling at $339,900.
    • 4-Bedroom Homes: Positive growth of 6.6%, reaching $384,900.

📈 Inventory and Sales Dynamics

  • Active Listings: The market has seen an uptick, with 2,504 homes for sale in April, marking a 3.6% increase from March.
  • Homes Sold: A slight dip in sales activity, with 306 homes sold in April, down 1.6% from the previous month.
  • Time on Market: Properties are taking longer to sell, averaging 100 days on the market, a 27.5% increase compared to April 2024.

💰 Pricing Strategies: Navigating Buyer Expectations

  • Sales Price Trends:
    • 77% of homes sold below asking price.
    • 18% sold at asking price.
    • Only 5% achieved above asking price.

This data underscores the importance of strategic pricing and effective marketing to meet buyer expectations and achieve optimal sale outcomes.

🌸 Seasonal Insights: Spring Brings Opportunities

Spring remains a favorable season for real estate in Palm Coast:

  • Increased Listings: A surge in new listings provides buyers with more options, enhancing market activity.
  • Buyer Activity: The pleasant spring climate encourages more showings and open houses, potentially leading to quicker sales.

🧭 Navigating the Market: Expert Guidance Matters

In this evolving market, partnering with experienced professionals is crucial. At The Goellner Team, we offer:

  • Accurate Market Analysis: Ensuring your property is competitively priced.
  • Customized Marketing Plans: Highlighting your home's unique features to attract serious buyers.
  • Negotiation Expertise: Securing the best possible terms and price for your sale.

📧 [email protected]
📧 [email protected]
📍 Coastal Gateway Real Estate Group | Palm Coast, FL

 

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