The total
number of listings sold in Key West in the month of October was 32. This is slightly
down from the same time last year when 35 listings sold. When compared to last
year’s sales, the average selling price is up by 26.6 percent even though the
number of listings sold is down by 11.8 percent. In the Lower Keys the total
number of listings sold in October was 16, down slightly compared to the 18
sold in September. The average and median selling price is up 26.3 percent and
0.2 percent respectively.
Key West Area Selling Price
Looking at an analysis of the real estate market from
January through October of this year, the listings sold, the average price and
the median price all increased from the same period of time in 2012. The market
in Key West is certainly in a stable place. While other markets may experience
a slow period in their winter months, Key West is not subject to the same
restrictions. Our weather is certainly an advantage at this time of year.
2013 has been much better for home sellers than 2012. The number of listings sold has gone up and the selling price in Key West has gone up by 125.8 percent since last year.
Key West Area
Total Listings Sold 2013 Compared To 2012
Whether you are a tourist or looking
to make a permanent change to the Keys, there are many reasons to move to our
beautiful area. If you would like more information on the real estate in this
amazing area, contact me, Jimmy Lane, at Key West Real Estate:
305-776-0585.
