July 01, 2008

1st & 2nd Quarters: 2007 compared to 2008

How do the first two quarters of 2008 compare to the same time period in 2007? Here is a look at the numbers.


Single Family, Open water (oceanfront, bayfront, open water)

Year

Properties Closed

Average Sales Price

Average Days on Market

2007

30

$1,985,167

264

2008

15

$1,903,333

278


Single Family, Canalfront

Year

Properties Closed

Average Sales Price

Average Days on Market

2007

65

$1,045,816

227

2008

42

$932,402

217


Single Family, Non Waterfront

Year

Properties Closed

Average Sales Price

Average Days on Market

2007

68

$423,336

226

2008

31

$369,781

219


Condos / Townhomes

Year

Properties Closed

Average Sales Price

Average Days on Market

2007

28

$649,857

286

2008

45

$610,342

221

All data from The Florida Keys Board of Realtors Multiple Listing Service - Flex MLS, as of July 1st, 2008. Properties are from MM 74 to 106, Upper Keys only.


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