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
