Lela Ashkarian, PA, CRS, GRI, e-PRO
o # Of Sales increased 16% to 2,601
o Average sales price increased 6% to $443,000
o Dollar value of sales increased 23% to $1.15 billion
o The sale price to list price ratio increased to 83% of original list price and 92% of final list price leaving a 17% margin from original list price to an 8% margin from final list price.
o Average days on market fell 7% to 247 days.
o Pending sales increased 21% to 2,681- the highest level recorded.
o The number of properties listed for sale declined by 12% to 2,772.
o Only 6% of all listed properties and 4% of all sales in the 4th quarter were distressed.
oCBSREC sales increased 19% to 23.7% of all sales Keyswide
oCBSREC dollar volume of sales increased 20.5% to $482 million
oCBSREC listing market share increased to 26% of all listings Keyswide
o#1 company for sales of $1 million+ properties from 2008-2013 with 18% market share.
· Our Offices From Key Largo, Islamorada, Marathon, Big Pine and Key West
o4 CBSREC Offices outside of Key West
§One third of the listings, 28% of the sales and 26.5% of the dollar volume of sales, more than next 3 companies who have a combined total of 9 offices.
oMiddle Keys: #1 Office in the Market (Marathon Office)
§Over ½ of all listings
§34.1% of the dollar volume
oLower Keys: #1 Office in the Market
§Over 1/3 of all listings
§36% of all sales
§38% of the dollar volume
oKey West: #1 Office-Number of Sales in Key West
§8.7% of all listings
§13.1% of all sales
§11.0% of the dollar volume
oUpper Keys #2 – (Soon to be #1 again)
§18.2% of all listings
§16.8% of all sales
§16.4% of the dollar volume