Friday, August 13, 2010

Palm Coast Florida Houses Are Selling for Half What Was Paid

Want a quick look at our real estate market? Without struggling through lots of who, what, when, where info?

I just read a Real Estate Transactions article in our weekly Palm Coast Observer newspaper (Great new paper!) where they gave a report on all the real estate transactions recorded for the week of July 19-23. The data was comprehensive by neighborhood, houses and condos. Toby Tobin of GoToby.com helped to compile it.

To give you some idea of the housing bargains here the $625K house that sold for $350 is in Palm Coast Plantation, a gated community on the Intracoastal. It has a pool that features an island with a palm tree on it and 2457 sq ft of living area.

MY LIST:  I took just the amount the property sold for and the amount the sellers paid for it and made this list:
PAID/SOLD

$625,000-$350,000
231,000-113,000
499,000-215,000
177,000-168,500
290,000-120,000
136,000-95,000
358,000-120,000
254,000-116,000
290,000-139,900
92,000-54,000
430,000-208,600
47,500-95,000
415,000-213,700
149,900-55,000
164,900-175,000
314,000-120,000
?-110,000
242,600-110,000
183,700-109,000
148,500-135,000
?-112,000
248,000-127,500
257,000-125,000
258,000-125,000
145,000-170,000
285,000-132,000
There has never been a better time to buy a home in Florida. For the best deal, Talk To Ted ! (me). tedleshersr@gmail.com

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