How did the 3rd quarter this year compare to the 3rd quarter last year? Here's a quick look at the numbers. You can certainly see where open water homes took the hardest hit in the 3rd quarter of 2010, and I credit the Deepwater Horizon for that dramatic drop. The 2nd quarter of 2010 had 14 closings with an average sales price of $1,705,357 for open water properties. Then the oil spill happened and potential buyers of open water homes put plans to buy on hold until they knew whether or not the Keys would be impacted. Sales of these properties have recovered since then.
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