The total number of listings sold in Key West in the
month of November was 25. This is down from the same time last year when 41
listings sold. When compared to last year’s sales, the average selling price is
up by 43 percent even though the number of listings sold is down by 39 percent.
In the Lower Keys, the total number of listings sold in November was 25, which
is down from the 32 listings that sold last month. The average and median
selling price is up 11.9 percent and 34.4 percent for the month-over-month
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 remains 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 one of our biggest draws and advantages
at this time of year.
2013 has been more of a seller’s
market than 2012 was. The number of listings sold has gone up and the selling
price in Key West has continued to rise each month.
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.
