Is Flagler Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Flagler Beach has remained a Buyer's Market.
Key Takeaway
Flagler Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Flagler Beach, FL
How much do homes in Flagler Beach, FL cost?
Median Sold Price
$509,900
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Flagler Beach have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Flagler Beach was $509,900 in April 2024, down 3.8% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $284K | $269.5K | -5.1% |
| 2 Bedrooms | $357.5K | $357.5K | 0.0% |
| 3 Bedrooms | $659K | $626K | -5.0% |
| 4 Bedrooms | $812.5K | $895K | +10.2% |
| 5+ Bedrooms | $650K | $825K | +26.9% |
Summary: Flagler Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 26.9%.
Median Sold Price Compared To Nearby Cities
| North Peninsula | $328.8K | $345K | +4.9% |
| Palm Coast | $369.4K | $356.6K | -3.4% |
| Flagler Beach | $530K | $509.9K | -3.8% |
| Beverly Beach | $660K | $300K | -54.5% |
Housing Supply in Flagler Beach, FL
How many homes are available in Flagler Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 207 | 190 | -8.2% |
Summary: The Flagler Beach real estate market had 190 homes for sale in April 2024, a 8.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 66 | 62 | -6.1% |
| 3 Bedrooms | 82 | 71 | -13.4% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Flagler Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 23 | -32.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flagler Beach, you may be able to get a good deal. 87% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Flagler Beach in April 2024, down by 32.4% month-over-month. Of the 23 sold homes, 87% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Flagler Beach, FL
How long does it take to sell a home in Flagler Beach, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 130 Days | +119.8% |
Summary: Homes in Flagler Beach had an average of 130 days on market in Apr 2024, up by 119.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Flagler Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 23 homes were sold in Flagler Beach; 17% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.