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closed sales Monday Morning Market Update Good morning, everyone! First, I want to take a moment to thank my readers for their patience during my short break last week. I’ve been recovering from surgery and am happy to be back with your weekly look at what’s happening in the Florida Keys real estate market. This week’s update comes in two parts […]
1st Quarter Comparison Florida Keys Real Estate Market Update: Q1 2025 vs. Q1 2024 The first quarter of 2025 brought noticeable changes to the real estate landscape in the Upper Florida Keys. Comparing market activity from Q1 2024 to Q1 2025 reveals several important shifts, including a drop in closed sales volume, longer days on market, and mixed trends in average sales prices. Here’s a breakdown of what’s happening […]
closed sales Florida Keys Real Estate: January 2024 vs. January 2025 Market Trends As we enter 2025, the Florida Keys real estate market continues to evolve. A year-over-year comparison of January 2024 and January 2025 data provides key insights into shifting trends in home sales, pricing, and market activity across single-family homes and condos throughout the region. Single-Family Homes: Higher Prices, Fewer Sales, and Longer Market Times Open […]
Atlantic Ocean The 10 Most Expensive Homes Sold in the Florida Keys in 2024 The Florida Keys real estate market saw remarkable activity in 2024, with luxury homes fetching record-breaking prices. From Key Largo to Key West, the top 10 most expensive homes sold this year were architectural masterpieces showcasing the ultimate in tropical living. Prices ranged from $6,625,000 to over $13 million, proving that the Keys continue to […]
closed sales 6 Smart Reasons to Close on Your New Home Before Year-End Closing on a house before the end of the year can provide several advantages, including: 1. Tax Benefits Mortgage Interest Deduction: If you close before December 31, you can deduct mortgage interest, property taxes, and certain closing costs on your federal income taxes for the current year. Prepaid Property Taxes: Any prepaid property taxes at […]
closed sales January 2020 Sales compared to January 2019 Sales Click to enlarge When comparing January 2019 to January 2020, it shows that the real estate market in the Upper Keys remains stable. There were both gains and losses in average sales price across the various categories. More residential properties were sold in 2020 than in 2019, and the average sales prices remained consistent.  The […]
1st Quarter Comparison How Does 2019 Compare to 2018 in Terms of Sales? The 2018 real estate market was a fairly brisk market, especially considering that much of the Keys was still recovering from Hurricane Irma in September of 2017.  While it’s true that many “investors” flooded the Keys, hoping to buy damaged properties from desperate sellers at bargain prices, many of the homes in the Upper Keys […]
closed sales Post Irma Real Estate Market – A Look at the Numbers Venetian Shores in Islamorada, the day of Hurricane Irma While Monroe County continues its recovery after Hurricane Irma made landfall in the Florida Keys on September 10th, the local real estate market continues to recover as well. Here is the real estate activity that has taken place since Irma. In the weeks since the storm, […]
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closed sales Real Estate Activity August 18th to August 24th, 2014 – New listings, pending sales and closed sales New Listing – 108 N. Bounty Last week, a listing came on the market that got a lot of attention – a large bayfront home for just $423,900. Upon closer examination, this home has some major issues – including being built without an active building permit. despite failed inspections, and an expired permit, construction continued. […]
closed sales Real Estate Activity August 18th to August 24th, 2014 – New listings, pending sales and closed sales New Listing – 108 N. Bounty Last week, a listing came on the market that got a lot of attention – a large bayfront home for just $423,900. Upon closer examination, this home has some major issues – including being built without an active building permit. despite failed inspections, and an expired permit, construction continued. […]
closed sales New Listings, Pending Sales and Closed Sales – Listing Activity from July 20th, 2014 to July 27th, 2014 Despite being our “off season“, there is still quite a lot of activity in the real estate market.  This past week 19 new listings entered the market, 17 listings went under contact and 12 listings were sold. Moon Bay – Key Largo Among the new listings, there are two new units for sale at Moon […]
closed sales New Listings, Pending Sales and Closed Sales – Listing Activity from July 20th, 2014 to July 27th, 2014 Despite being our “off season“, there is still quite a lot of activity in the real estate market.  This past week 19 new listings entered the market, 17 listings went under contact and 12 listings were sold. Moon Bay – Key Largo Among the new listings, there are two new units for sale at Moon […]
closed sales Real Estate Activity December 1st to December 14th – New Listings, Pending Sales and Closed Sales Here in the Florida Keys, it’s not just the holiday season, it’s real estate season! The number of calls and showings I receive is steadily increasing and by looking at the numbers in the MLS, I’m not the only one seeing this trend. In the first two weeks of December there were 47 new listings […]
closed sales Real Estate Activity December 1st to December 14th – New Listings, Pending Sales and Closed Sales Here in the Florida Keys, it’s not just the holiday season, it’s real estate season! The number of calls and showings I receive is steadily increasing and by looking at the numbers in the MLS, I’m not the only one seeing this trend. In the first two weeks of December there were 47 new listings […]
3rd Quarter 3rd Quarter of 2012 Compared to 3rd Quarter 2013 Click the graphic to enlarge. It never fails – when you tell someone you’ve just met that you’re in real estate, the first question they ask is “how is the market?” Each quarter I compare the current year to the previous year to see how the market has changed.  It’s one thing to say it […]
3rd Quarter 3rd Quarter of 2012 Compared to 3rd Quarter 2013 Click the graphic to enlarge. It never fails – when you tell someone you’ve just met that you’re in real estate, the first question they ask is “how is the market?” Each quarter I compare the current year to the previous year to see how the market has changed.  It’s one thing to say it […]
Canalfront 4th Quarter of 2011 versus 4th Quarter 2012 in the Upper Florida Keys Prices appear to be on the rise in the Upper Florida Keys. The average sales price for waterfront homes, dry lot homes and condo/townhomes rose in the 4th quarter of 2012 compared to the same time period in 2011. The number of days on market, or marketing period, remained fairly consistent throughout the various types […]
Canalfront 4th Quarter of 2011 versus 4th Quarter 2012 in the Upper Florida Keys Prices appear to be on the rise in the Upper Florida Keys. The average sales price for waterfront homes, dry lot homes and condo/townhomes rose in the 4th quarter of 2012 compared to the same time period in 2011. The number of days on market, or marketing period, remained fairly consistent throughout the various types […]
closed sales Florida Keys Real Estate Activity – December 1st to December 9th, 2012 It may be the holiday season, but it is also the selling season here in the Florida Keys! The first week of December has been a busy one for new listings – 117 new listings came on the market.  Additionally, 54 listings went under contract and 50 listings closed.  Now is the time to buy! […]
closed sales Florida Keys Real Estate Activity – December 1st to December 9th, 2012 It may be the holiday season, but it is also the selling season here in the Florida Keys! The first week of December has been a busy one for new listings – 117 new listings came on the market.  Additionally, 54 listings went under contract and 50 listings closed.  Now is the time to buy! […]
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