July 19, 2011

New Listings, Closed Sales and Pending Sales in the Florida Key - July 11th to July 17th, 2011

New Listing - Offered at $299,000
It's definitely summer here in the Florida Keys!  Temperatures are up, people are out on the boat fishing and diving and live is good! It's a great time to be living in the Florida Keys!

Pending Sale - Offered at $1,300,000
For the first time in a long time the number of closed sales dropped, but pending listings and new listings continue.

Sold Listing - Sold for $150,000
This past week, we had 20 new listings come on the market, 18 properties go under contract and just 6 closings.

New listings include a well-maintained dry lot home in Key Largo offered at $299,000. This 3/2 home is fairly new and move-in ready.  Pending sales included a 4 bedroom, 3 bath home on Adam's Cut.  This home features over 100 feet on the cut and offers immediate access to both bay and ocean. It was offered at $1,300,000.

Most of the properties that sold or went pending this past week were single family dry lot homes.  Priced right, dry lot homes are selling very well. They have become the "gateway" to owning a home in the Keys. Buyers have realized that dry lot homes can be comparable in price to condos, but without the monthly association fees. Most neighborhoods provide some sort of boating access, with some neighborhoods having fairly elaborate homeowner's parks with boat ramps, picnic areas, even small beaches. 

To see the listing activity from this past week, follow the links below:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS.  Listing links will expire on August 18, 2011.


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