May 2022 Numbers for Single Family Homes in the Florida Keys
We are continuing the trend of the number of closed sales being down compared to the same time last year with the average sales price increasing 37.2% over last year for single family homes. Inventory continues to be low here in the Florida Keys however we did have an increase in active inventory of 6.6%. It's not a huge increase but it could be a sign that we are going to start to see more inventory come back into the market over the next few months. Also interesting to see in the May report is that the median percent of sold to original list price is on 99.9%. Read the full report here.