Florida Keys Real Estate Blog

The real estate market in the Florida Keys showed signs of improvement in 2011.  The Multiple Listing Service showed 533 sales in the Upper Florida Keys (Key Largo to Islamorada) from January 1st to December 31st, 2011.  Here is a quick breakdown in some of the available categories:

185 Single Family Waterfront Homes / 145 Single Family Non-Waterfront Homes / 129 Condominium / Townhouse Units / 5 Duplex / Half Duplex Units / 32 Waterfront Mobile Homes  / 35 Non-Waterfront Mobile Homes.

For Single Family Waterfront Homes in the Upper Keys, the Average List Price was $844,149 with an average Sale Price of $747,280, which was 90% of the Average List Price after the property was on the market for an average of 275 days.

For Single Family Non-Waterfront Homes in the Upper Keys, the Average List Price was $256,690 with an average Sale Price of $236,889 which was 93% of the Average List Price after the property was on the market for an average of 228 days. 

Stay tuned for more recaps of the 2011 real estate market in the Upper Florida Keys coming in the next few days.

Enjoy today!