December 29, 2011

December Market Activity - December 5th to December 25th, 2011

Christmas has come and gone, but the visitors to the Florida Keys are still here, with more arriving every day. The Overseas Highway is bustling with traffic. The last week of 2011 is certainly going to be a busy one!

The real estate market the past 3 weeks has been just as busy. 211 new listings came on the market, 105 properties went under contract and 100 properties sold.

Waterfront pool home in Key West - $349,000
Of the new listings, there is a rare find in Key West being offered for $439,000. This 3 bedroom 2 bath home is on a canal and also has a large swimming pool. Waterfront homes on the island of Key West are not that common, since there are very few canals in Key West and most open water property is either commercial (hotels, etc) or condos.

224 Treasure Harbor - pending sale
Pending sales include one of my listings in Islamorada. 224 Treasure Harbor is under contract and is scheduled to close early in 2012. This home features 2 bedrooms and 2 baths on the upper level and a legal 2 bedroom, 1 bath apartment downstairs.  Multi-family zoning makes renting the apartment completely legal.  It was offered at $899,000 at time of contract.

391 Fourth St., Key Colony - sold for $360,000
Sold sales include a unique A-Frame home in Key Colony. This 3 bedroom, 2 bath home has a lot of Keys character to it and has been recently remodeled.  It is also located on a nice canal in a great neighborhood.  It was originally listed at $428,500 and sold for $360,000

Follow the links below to see the listings:

New Listings
Pending Sales
Closed Sales

Listing information gathered from the Florida Keys MLS. Listing links will automatically expire after 1/28/2012.

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