Real Estate Market Watch Volusia and Flagler County Florida

According to the Florida Association of Realtors, 556 Homes were sold in Volusia and Flagler county in April, 2008 compared to 486 in March. Sales totals were 8% lower than in April 2007, and the median sale price went from $205,000 in April 2007 to $178,100 this year. Condo sales totals were down 16% from April 2007 to this April and the median sale price dropped from $221,300 in April 2007 to $179,200 in April 2008. Many now believe we have gotten real close to the bottom of the price drop and that prices will stabilize now and possibly begin to increase slightly towards the end of 2008.