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Waterfront Home Sales Big Pine Key

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Real Estate Agent 3112649

Waterfront Home Sales Big Pine Key

 

Big Pine Key Waterfront Homes


There are 70 available homes for sale that are waterfront in Big Pine Key FL.  


During the last 12 months 69 waterfront homes have sold.  An average of 5.75 waterfront homes are selling each month.  There was a 12.17 month supply of waterfront homes on Big Pine Key available for sale.  This was a strong buyer's market.


During the last 6 months 37 waterfront homes have sold.  An average of 6.16 homes per month are selling.  The market improved slightly.  There was an 11.36 month supply of homes on the market.  Still a very strong buyer's market.  


During the last 3 months 25 waterfront homes have sold.  An average of 8.33 waterfront homes sell each month.  We currently have a supply of waterfront homes available that will last 8.4 months.  Still a buyer's market.  At this pace waterfront homes should reach a balanced market in the next 3 months.



Homes on Big Pine Key


During the last 12 months 90 homes have sold on Big Pine Key.  An average of 7.5 homes sell each month.  There was a 12 month supply of homes during the last 12 months.  That's twice the number of homes that should be on the market to achieve a balanced market.  This is a very strong buyer's market.


During the last 6 months 52 homes have sold on Big Pine Key.  An average of 8.6 homes sell each month.  That's an extra home each month.  The pace of sales has improved.  There are more buyer's looking for homes.  The supply of homes has decreased from 12 months to 10.46 months.  This is still a strong buyer's market.


During the last 3 months 37 homes have sold on Big Pine Key.  An average of 12.33 homes have been selling each month.  The pace of homes is increasing rapidly and has nearly doubled.  There is currently a 7.29 months supply of homes on the market.  Still a buyer's market.


The market is improving!

 

Comments(3)

Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Maya,

Great market update for Big Pine Key which is an awesome place to call home or have a vacation get away.

May 11, 2013 05:54 AM
Maya Thomas, Broker
Tampa, FL
Please see my client recommendations.

Thank you Patty!  It's the 'boonies' in my area.  Tranquil, surrounded by nature, bigger pieces of land at low prices.  It's a peaceful place to live!

May 12, 2013 02:11 AM
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN
Maya, I agree with Patty. This is great information for your buyers considering buying a home or land on Big Pine Key. The trend is obvious that they better call Maya Marie Thomas before prices go up much more as demand is gradually overtaking supply of homes.
May 13, 2013 10:10 AM