Upper Florida Keys Real Estate Stats Report for April With Some VERY INTERESTING Numbers!

Real Estate Agent with American Caribbean / Christie's International Real Estate SL0624654

Hello my name is Mykael ....and I am a Stataholic.  I had been without stats for about a month, but now I am back head first!!!

My deepest apologies to friends of Bill W, but  I wanted to farcically demonstrate how much I LOVVVVE stats.  The story they tell...the truths they emit, and falsities they dispel.  The Numbers as they say, don't lie, and often buck Conventional wisdom.  And we have some very interesting (in my best Artie Johnson voice), numbers for the month of April, as we have been following a definite Trend.

That a look at the our monthly Report for the Upper Keys ( mile markers 70 thru 108), and I will break it down below.

Ok, Some important Bullet Points for you to be aware of:

  • Sales Volume is Down  7.7% from 2011 because there were 19.5% fewer New Listings!
  • The Absorption Rate for 2011 was a respectable 74.7% meaning the ration between New Listings and Sold Properties. for  the same time in 2012 it was a staggering 116% !!! that means more properties sold than came on the market.  Can you say supply and Demand??
  • List Prices were up 4.6%
  • Sale prices were up a health 6.8%
  • Time on the Market was 15% less

The bottom line and story that these numbers tell is that  this is the best time in several years put your property on the Market, and if you are a buyer...act NOW.

If you would like a full sized PDF version of this report, I would be happy to email it to you.

Work with an agent who KNOWS the numbers!!  Put the experience and expertise of The Conchquistador to work for you! For more information on the outstanding real estate opportunities that exist in the Keys, call me at 305.439.7730 or email me at DropAnchor@TheRealEstateConch.com.

Ready to create your own no-hassle shopping cart of available Properties in the Florida Keys, with multiple search capability? Click here: ConchMLS.com .

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*** Waterfront Specialist

*** Exclusive Florida Keys Affiliate of Christie's International Real Estate

*** Recognized by Who's Who in Luxury Real Estate

*** Past Vice Pesident Of The Florida Keys MLS

*** Seated on The Board of Directors of The Florida Keys MLS, INC.

*** Proud member of the Islamorada Chamber of Commerce

*** Patron Sponsor of the Historical Preservation Society of the Upper Keys

*** Member Upper Keys Rotary Club

*** Member of The Matecumbe Historical Trust

*** Member of The Upper Keys Fishing Club

*** Member of The Florida Keys Scenic Corridor Alliance

*** Native South Floridian 

*** Real Estate Cyber Specialist Designee

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Disclaimer:  Not all properties or businesses referenced in this blog are my listings or my businesses. Information has been gathered from my observations, favorite stores and restaurants and things to do, as well as the multiple listing service. Certain properties described as "Active" or "Available" at the time of the post, may no longer at this time be "Active" or "Available". Please contact me for details.


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Mykael Marinelli

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