The Florida Keys Real Estate Market, Sales and Listings 305-395-0814

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Real Estate Agent with Coldwell Banker Schmitt Real Estate
https://activerain.com/droplet/49cv

·    The Florida Keys Real EstateMarket

 Lela Ashkarian, PA, CRS, GRI, e-PRO

305-395-0814

Call Today for Free Market Analysis for your Property in Florida Keys

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.

 ·    The Company: Coldwell Banker Schmitt (CBSREC) #1 Keyswide

         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

§#1 Overall

§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

§37.5% of all sales

§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

**Number 1 company is combined Century 21, Prudential & Better Homes and Gardens, which continues to lose market share since mergers 3 years ago as we continue to increase.


 

 

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Lela Ashkarian, PA, CRS, GRI, e-PRO

Coldwell Banker Schmitt Real Estate

International President's Circle

11050 Overseas Highway

Marathon, Fl 33050

305-395-0814

lela@coldwellbanker.com

 
P.S.My Purpose is for you to be so outrageously happy with the help I provide you that you'll gladly introduce me to at least two people you really care about before I even sell your home/help you buy a new home.  Not because you feel obligated, but because you truly believe they will benefit.

 

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Show All Comments
Rainmaker
771,687
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great information on your local market.

 

Thank you for sharing this important information about the Real Estate market in your area!

Jan 09, 2014 10:44 AM #1
Anonymous
Lela Ashkarian
Imagine That.. Bob... wishing you the best year in every aspect of your life
Jan 09, 2014 10:58 AM #2
Rainmaker
3,718,849
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Lela, good news coming from your market! Hope it continues to improve further. Enjoy your day!

Jan 09, 2014 08:28 PM #3
Anonymous
Lela Ashkarian
That's Right Wayne... Once our MLS hits 2200 listings, I believe we will see the days when we use to have multiple offers.. 70 % of the sale last was in the price range between 175K-500K, 19 % was the 550-1M and the rest were the high end properties... Thank you for noticing and wish you the best day of your life..
Jan 09, 2014 09:14 PM #4
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Rainmaker
204,220

Lilas "Lela" Ashkarian

Ashkarian PA, ABR, CRS, E-PRO, GRI,SFR
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