September 14, 2011

Florida Keys Real Estate Market - September 5th to September 11th, 2011


This is the time of year in the Florida Keys when things start to slow down. Restaurants usually close or limit their hours, many businesses temporarily close so the owners can go on vacation, and the real estate market begins to slow down.

This year has been no exception.  There were fewer pending contracts and fewer sales than we've seen over the last few weeks, but new listing activity is still strong.

This past week, 69 new listings came on the market, 28 listings went under contract and 25 listings sold.

Canalfront on Plantation Key - $349,000
Of the new listings, there is a canalfront home on Plantation Key in Tavernier that is now on the market for just $349,000. This home needs some work, but it is in one of the Upper Keys favorite neighborhoods - Plantation Key Colony - and is on a canal.  It is a 4 bedroom home with 3 baths and is being marketed as a short sale.

A-502 Moon Bay - Pending Sale
Pending listings include my listing at Moon Bay in Key Largo - A502. This 2 bedroom, 1.5 bath condo comes fully furnished, and includes a deeded boat slip.  It is on the top floor and offers nice views of Florida Bay. Listed at $268,000, it was on the market just 50 days before going under contract.

1421 Eliza - Key West - sold for $385,000
Closed sales include a gorgeous Key West home in the heart of Old Town.  This is a great home and features many decorator exclusive touches. It has large sundeck which surround the pool, which is heated and also features jets for a whirlpool effect. Listed at $360,000, it sold for $385,000.

Follow the link s below to view all of the listings:

New Listings
Pending Sales
Closed Sales

Listing information is gathered from the Florida Keys Multiple Listing Service. Listing links will automatically expire after 10/14/2011


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