How do the first two quarters of 2008 compare to the same time period in 2007? Here is a look at the numbers.
Single Family, Open water (oceanfront, bayfront, open water)
Year |
Properties Closed |
Average Sales Price |
Average Days on Market |
2007 |
30 |
$1,985,167 |
264 |
2008 |
15 |
$1,903,333 |
278 |
Single Family, Canalfront
Year |
Properties Closed |
Average Sales Price |
Average Days on Market |
2007 |
65 |
$1,045,816 |
227 |
2008 |
42 |
$932,402 |
217 |
Single Family, Non Waterfront
Year |
Properties Closed |
Average Sales Price |
Average Days on Market |
2007 |
68 |
$423,336 |
226 |
2008 |
31 |
$369,781 |
219 |
Condos / Townhomes
Year |
Properties Closed |
Average Sales Price |
Average Days on Market |
2007 |
28 |
$649,857 |
286 |
2008 |
45 |
$610,342 |
221 |
All data from The Florida Keys Board of Realtors Multiple Listing Service – Flex MLS, as of July 1st, 2008. Properties are from MM 74 to 106, Upper Keys only.