It’s been another exciting month in Key West
real estate, and I’m always excited to see the final numbers each
month. One thing the statistics show is that we’ve got a long way to go,
economically speaking. In a side-by-side comparison, January 2012 saw
better days than January 2013; we still had a fairly strong showing this
year considering the last-minute avoidance of the fiscal cliff. The
same is true in the Lower Keys as well.
This
January, real estate agents sold a total of 17 listings, a little less
than half that of January 2012. However, January 2013 beat out last year
in average selling price with $445,745, up 21.5% from last year. The
median selling price was up 10.2% at $362,466.67. The Lower Keys had an
even stronger rate of growth with the average selling price up 46.8% at
$391,715.50, and the median selling price of $304,812.50, up 18.8% from
last year.
Key
West real estate is still stable and growing. I am enthusiastic about
the next several months of 2013, as the economy strives for higher
ground.
Certainly, one thing is indisputable; Key West is still gorgeous and is a great place to consider purchasing a home.
Whether you’re a tourist, looking to move permanently to the Keys, or
just someone who likes the beauty of nature, the great variety of
amenities in the homes in our area are just more reason to want to live
in beautiful Key West. If you’re interested in real estate in this attractive area contact me, Jimmy Lane, at Key West Real Estate: 305-766-0585.Labels: key west, key west real estate, Key West Real Estate Market, market news
