The Coldwell Banker Schmitt Real Estate Company market report for the Florida Keys is in!
We will break down the specific market statistics in future posts but some highlights include:
- Total Sales Volume: $2,209,904,118
- Number of Listings for Sale: 1,871
- Number of Pending Sales: 404
The total sales volume is second only to the $2.3 billion closed during 2005 and up 26.5% over 2019. This comes in a year in which the Keys were effectively closed down during February and March due to COVID-19.
The end-of-year number of listings for sale is down 23.9% as compared to one year ago and at a level not seen in 15 years. In the Upper Keys, the number of properties for sale is down 40.5%.
Finally, pending sales are up 51.9% signaling a strong start for 2021.
