Everything you Need to Know about Buy and Selling in the FL Keys - By Amy Prumo

FL Keys Real Estate - Market Stats May 2021

Marathon Real Estate Agents
Posted by Amy Prumo on June 09, 2021 in  uncategorized
In the history of FL Keys Real Estate, we have never seen numbers like these!  The number of sales in the first 5 months of this year,increased an overall 103 Percent. Which means there were just about twice as many transactions as the same time last year. Since 2016, we saw the average sale price grow at a steady rate.  Then in 2021 the Average Sale Price sky rocketed to $838k.  The average appreciation amount is around 1 Percent a month. (please note this various for different types of prope... read more

FL Keys Real Estate - Spring 2021 Newsletter

It's a Seller's Market
Posted by Amy Prumo on May 06, 2021 in  uncategorized
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FL Keys Real Estate Market Stats - March 2021

FL Keys Real Estate Market Stats - March 2021
Posted by Amy Prumo on April 08, 2021 in  uncategorized
Market Stats - All Properties    Wow, what a crazy month in real estate!  Coldwell Banker sold 8 homes a day in the month of March.  Overall, the inventory challenges continue, more listings are needed to keep up with the demand.  Keys Wide Inventory is Down 35 Percent.  2,669 homes on the market to 1,729.  The number of sales from the same time last year went from 639 to 1,061, which was a direct result of Covid.  The average sale price has gone from 691k to 864k, which is a... read more

FL Keys Real Estate - Market Stats - December 2020

Posted by Amy Prumo on January 13, 2021 in  uncategorized
Market Stats - All Properties December The 2020 housing market will end the year as the highest performing sector of the U.S. economy.  With inventory at it’s lowest we have ever seen in over 60 years of service in the the Florida Keys, the market will continue to remain strong through 2021.  Average Sale Price and Average List Price have been steadily increasing as the inventory dropped.  Days on the market decreased in Marathon and Key West.  Competition from buyers has been fierce and s... read more

FL Keys Real Estate - Market Stats Novemeber 2020

Posted by Amy Prumo on December 07, 2020 in  uncategorized
Market Stats - All Properties NovemberIt’s no surprise the housing market is booming right now.  Low supply and high demand are driving a healthy seller’s market.  Listings are down 17.8 Percent from 2,456 homes for sale last year to 2,019. Although, historic low-interest rates have allowed more buyers to qualify for higher-priced homes. Days on the market remains stable averaging around 120 days to get a contract.  Average List Price is up across the board.  When comparing Sale Pric... read more