Florida Keys Real Estate Blog

According to the Multiple Listing Service for the Florida Keys Board of Realtors, there were 22 Single Family homes sold in the Upper Florida Keys (MM74 to 106) during the month of August 2009. Here's how it broke down:

22 Single Family Homes Sold after an average of 315 days on the market. The Average List Price was $762,802 with an Average Sale Price of $642,704. The Sale Price to List Price Ratio was 84.26% and the Sale Price to Original List Price Ratio was 69.50%.

Of the 22 Single Family Homes that sold, 11 of them were waterfront and sold after an average of 308 days on the market. The Average List Price was $1,182,704 and the Average Sale Price was $983,863. The Sale Price to List Price Ratio was 83.19% and the Sale Price to Original List Price Ratio was 70.05%.

The remaining 11 Single Family Homes that sold were non-waterfront and sold after an average of 321 days on the market. The Average List Price was $342,900 and the Average Sale Price was $301,545. The Sale Price to List Price Ratio was 87.94% and the Sale Price to Original List Price Ratio was 67.76%.

We also had 5 sales in the Condo market in the Upper Keys. These sold after an average of 384 days on the market with an Average List Price of $369,280 and an Average Sale Price of $316,400. The Sale Price to List Price Ratio was 85.68% and the Sale Price to Original List Price Ratio was 70.50%.

If you would like more information on the Real Estate market in the Florida Keys, please contact us at Info@BuyInTheKeys.com or call Jamie Engel at (305) 289-6634 or Kari Maino at (305) 304-8177. We offer personalized service with professional results!