Florida Real Estate News & Market Trends

Our Florida Keys blog offers information from Key Largo to Key West including market statistics, home values, Keys events and more.  We care and want to help you find your best place in the Florida Keys. Please reach out if you have any questions at all. An easy way is to visit ScheduleJim.com.  We’d love to speak with you!

Sept. 23, 2022

August 2022 Monroe County Single Family Stats

Sales are still down, however we have seen another month of  inventory increases.

The Florida Keys Board of Realtors has released it's August 2022 single family home stats. Closed sales continues to be down again in August. The average sales price continues to be up 65.2% however inventory has increased 30% over August 2021. Another interesting factor is the median days on market has increased 70%. The days on market increase is still lower than pre-covid years, however all these factors are showing the early signs of the market starting to balance out.

 

To see the full report CLICK HERE. For more information on buying and selling in the Florida Keys call (305) 451-2111 or message us today. 

Sept. 16, 2022

What can I find in Islamorada under $800k?

Homes in the very popular Islamorada area are often hard to find under $800k but there are a few out there!

While we continue to see a year of year increase in home prices their are still some great homes available in Islamorada and the Keys for under $800k. Some things to consider are choosing a dry lot property. Often several of the communities will have small home owners parks with boat ramps or water access. If the community you are looking in doesn't offer this, their are several public facilities throughout the keys that you can easily launch your boat from. The key is having a yard with enough space to park your boat trailer. Another thing to consider is a condo or townhome option. These properties often have extra amenities such as pool, tennis, marina, etc. 

For a list of Islamorada homes under $800k click here  or if you would like a complete list of available homes in Islamorada click here. For more information on buying and selling in the Florida Keys call (305) 451-2111 or message us today. 

 

Sept. 2, 2022

Key Largo Mobile For Sale

728 SF Mobile Home in Key Largo, use it now and build later.

Ready for you to move in now and then build when you are ready. This two bedroom, two bathroom mobile home is situated on a 5000 square foot lot. Seller does have plans completed and ready to be turned in to the county for 2400+ SF home. Lot has plenty of room to park your toys and build! Convenient location in Key Largo and located on the end of the street.

47 Tina 

47 Tina Place, Key Largo 

 

For more information on this home click here or call (305) 451-2111. If you would like a complete list of available homes in key largo click here.

 

 

 

Aug. 26, 2022

Monroe County Single Family Stats for July 2022

Florida Keys Single Family Home Stats are out for July 2022

The number of closed sales is down almost 50% year over year for single family homes in the keys. We continue to see decreases in that number due to having low inventory for so long, however there are hints of some changes. We did have an increase in new listings of 10.2%, which is the first double digit increase in new inventory we have seen in quite some time. Another import factor is pending inventory dropped 16.9%. With more supply coming in we could see a continued shift in the market, making it more balanced. 

To see the full report CLICK HERE. For more information on buying and selling in the Florida Keys call (305) 451-2111 or message us today. 

Aug. 23, 2022

Canal Front Double Wide In Key Largo

Large canal front corner lot with 4 bedroom double wide in Key Largo.

Canal front 4 bedroom home on an oversized corner lot. Lots of parking and room for the toys. Screened patio, storage shed, above-ground pool, chickee hut - lots of areas for fun in the sun! High elevation so a replacement home could be ground-level or choose stilts for additional room below. Room to expand the dock. Located near the entrance of Key Largo - after a short drive to the Keys, you can jump on your boat and be on the water in minutes.

301 Vaca301 Vaca301 vaca

For more information on this home click here or call (305) 451-2111. If you would like a complete list of available homes in key largo click here.

Aug. 19, 2022

Spacious Concrete Key Largo Home

CBS home in Key Largo is ready for it's new owners to move into.

This modern home was built to withstand the elements in the Florida Keys. Solid concrete 3 Bedroom, 2 Bathroom home with a poured concrete roof and impact resistant windows. This home was built by a very reputable Keys contractor and is one of the larger versions of this model, coming in at over 1,600 square feet of air-conditioned living area. The home includes a spacious floor plan opening up to a nice porch. There is room for a pool in the back yard. The cost of ownership for a new and well-built home compares favorably to many that are currently on the market.

For more information on this home click here or call (305) 451-2111. If you would like a complete list of available homes in key largo click here.

Aug. 12, 2022

Florida Keys June Stats for Townhomes & Condos

June 2022 sees a slight increase in Townhome & Condo Inventory

The Florida Keys Board of REALTORS® has come out with it's June 2022 numbers for Townhomes & Condos keys-wide. As expected we continue to see a decrease in the number of sales due to lack of inventory compared to where we were in June several years ago. We did however see a slight increase of 8.1% in inventory compared to June 2021. With inventory not back to balanced levels we continue to see higher prices as well, with the average sales price up 23.4%. 

To see the full report CLICK HERE. For more information on buying and selling in the Florida Keys call (305) 451-2111 or message us today. 

 

 

July 21, 2022

Monroe County 2Q Single Family Stats

Florida Keys Single Family Home Stats are out for 2Q 2022

We are finally starting to see a slight change in the numbers. While sales prices continue to be on the rise over 2021 we have just recently seen inventory numbers increase. Single family home inventory keyswide is up 20.8% over Q2 2021. It will be interesting to see how these increased inventory numbers play out in the next few months as it relates to sales prices. 

To see the full report CLICK HERE. For more information on buying and selling in the Florida Keys call (305) 451-2111 or message us today. 

July 15, 2022

Big Coppitt Single Family Tropical Oasis

Big Coppitt Key Tropical Oasis with Large Mature Landscaped Yard and a Peekaboo View.

 

17 Cactus Drive

This three story 2 bed/2 bath home had some renovations completed in 2019 including new floors, roof, kitchen cabinets and more, it is ready for your finishing touches. Additional 750sf of storage on lower level. Plenty of room to park your toys, large storage shed, plus room for a pool.

17 Cactus Drive

17 Cactus Drive

17 Cactus Drive

17 Cactus Drive

 

For more information on this property call or text (305) 451-2111 or message us today. For more lower Keys Properties For Sale click here. 

July 12, 2022

New Listing Canal Front Home In Key Largo

Canal Front CBS Home in Key Largo

This IMMACULATE 4 Bedroom/3 Bathroom home in Key Largo is like no other. The current owners have put countless hours and thought into the design of this home. 

It is the home that is ''built for entertaining''! The kitchen features 24' deep cabinets, center island with storage on both sides, double oven, and seats 6 in the kitchen and an additional 4 at the foyer table. Built-in bar wall with wet sink. The elevator has upgraded safety features and is perfect for not only transporting groceries but also to take breakfast up to the third floor for breakfast out on the bedroom balcony. The fixtures used were built to stand up to salt air, the exterior ceiling fans are from Kichler coastal collection and pendant lights throughout the home are solid brass. Dual air conditioners allow you to minimize electrical use. The impact windows have integrated UV protection. The floors are oiled and easily maintained.

The exterior of the home has been treated for water proofing and the decks are treated with cool deck. The property is a lot and a half with drip irrigation for perimeter plantings. A large shed with deep freezer, 50' dock with lift, fish cleaning station, tiki hut, double carports, commercial ice machine, outdoor shower, and room to add a pool. Current insurance rates on home are; Flood $60/month and Homeowners $370/month. This is a MUST-SEE property!!

 

Call or text us (305) 451-2111 for more information on either of these great properties.