Overall Palm Coast Canal Market – This Month

Total waterfront homes sold: 9

Price range: $395,000 – $975,000

Average sale price: $612,000

Median sale price: $545,000

Compared to last month, waterfront home sales increased slightly (8 → 9 sales), while the average sale price declineddue to fewer ultra-luxury canal transactions.

Last month’s top sale reached $1,415,000, while February’s highest closing came in at $975,000, reflecting stronger activity in the mid-range waterfront market rather than the luxury segment.

Homes sold at an average of 96% of list price, with an average of 171 days to contract, suggesting buyers are negotiating more actively while still absorbing available waterfront inventory.

Sailboat Country Sales

Palm Coast’s Sailboat Country remains one of the most desirable boating communities due to its wide canals and direct access to the Intracoastal Waterway without fixed bridges.

Recent sales included:

11 Crossview Ln – $395,000
12 Cotton Ct – $810,000

These sales demonstrate the broad price range within Sailboat Country, where home condition, dock improvements, and canal frontage can significantly influence value.

Homes with updated interiors, newer seawalls, and upgraded docks continue to command premium pricing.

Palm Harbor Canal Sales

Palm Harbor continues to be one of Palm Coast’s most active canal communities, offering direct boating access, established neighborhoods, and close proximity to shopping, golf, and the Intracoastal Waterway.

Recent sales included:

14 Clear Ct – $450,000
16 S Claymont Ct S – $499,000
20 Crescent Ct N – $545,000
25 Corning Ct – $850,000
17 Coleridge Ct – $975,000

The higher-end sales in this group highlight continued demand for larger waterfront homes with upgrades, wider canals, and premium locations.

Palm Harbor continues to represent one of the broadest price ranges in Palm Coast canal real estate, depending on home size, updates, and water access.

Flagler Beach Waterfront Sales

Two waterfront properties also closed in nearby Flagler Beach, highlighting continued interest in coastal properties close to the ocean and beach lifestyle.

Recent sales included:

2290 S Flagler Ave – $435,000
311 N 11th St – $550,000

These homes appeal to buyers looking for waterfront living with close proximity to the beach, restaurants, and the relaxed Flagler Beach atmosphere.

Market Trends & Key Numbers

February 2026

Homes Sold: 9
Average Sale Price: $612,111
Median Sale Price: $545,000
Price Range: $395,000 – $975,000
Average Price Per Sq Ft: $299
Avg Days to Contract: 171
Sale-to-List Ratio: 96%

January 2026

Homes Sold: 8
Average Sale Price: ~$820,000
Price Range: $506,000 – $1,415,000

Month-Over-Month Change

Sales Volume: Slight increase
Average Price: Lower due to fewer luxury closings
Strongest Segment: $450K – $700K waterfront homes
Buyer Behavior: More negotiation occurring

What This Means for Buyers & Sellers

Sellers:
Waterfront location continues to play a major role in pricing. Homes with sailboat access, wider canals, and updated docks or seawalls tend to attract the strongest buyer interest. Correct pricing remains critical in the current market.

Buyers:
Buyers currently have slightly more negotiating leverage than earlier in the year, particularly on homes with longer market times. However, well-positioned canal homes still attract strong interest.

Final Thoughts

Palm Coast’s canal and waterfront market remains active, with steady demand for boating-access homes and coastal lifestyles. While February saw fewer luxury transactions compared to the previous month, the core waterfront market between $450K and $700K remains strong.

Sailboat Country and Palm Harbor continue to drive much of the canal activity, while nearby Flagler Beach properties offer additional opportunities for buyers seeking a waterfront lifestyle along Florida’s east coast.

Data is deemed reliable but not guaranteed. Information is sourced from Stellar MLS for the property type, geographic area, and timeframe specified in this report. Listings may not include all available properties and are subject to errors, omissions, or changes without notice. This report is provided for informational purposes only and does not constitute a valuation, appraisal, or legal advice.