Florida Real Estate News & Market Trends

Market reports, local insights, and practical guidance for buyers and sellers from Key Largo to Key West. Updated regularly with current data from the Florida Keys MLS. Topics include market trends, home values, buying and selling tips, and neighborhood spotlights across the Upper, Middle, and Lower Keys. If you have questions or want to schedule a call, visit ScheduleJim.com.

March 29, 2023

Just Listed Moon Bay Condo

Key Largo Weekly Rental

Looking for that perfect keys getaway that you can enjoy and then rent out when you are not using it. Than this is the place for you. This beautiful third floor unit in Moon Bay has everything you need as it's being sold turn key. 

Moon Bay is located directly on Blackwater Sound with the most spectacular sunset views overlooking the marina, a private beach, kayaks/paddle board storage, bicycle storage, tennis/pickleball, shuffleboard, and basketball. The clubhouse has recently been renovated offering a full kitchen, game tables, bathrooms, showers, sauna and lounge area inside. Outdoor area includes a fire pit, hammocks, and tiki hut with BBQ grills for entertaining. Large newly renovated pool and patio with open water views. Great location within walking distance of multiple restaurants, tiki bars, world class diving/snorkeling tours and boat rentals. 

For more information on this property or other condos in Key Largo call us 305.394.4449.

 

March 20, 2023

Monroe County Single Family Stats February 2023

February 2023 Single Family Stats

The Florida Keys Board of Realtors has released the February 2023 numbers. Inventory continues to be the biggest factor when it comes to single-family homes in the Keys. In February, new listings were down 10% over the previous February. That lack of inventory is still a major factor affecting the reduced number of closings. The one thing we did see in February was a drop in median sale price over the previous year. This is the first time we've seen a decrease in sales prices since pre-pandemic times. 

You can learn more by reading the complete report. If you would like to discuss the current market or have questions, you can call our team of experts.

 

 

March 16, 2023

42 Bonefish Ave in Largo Sound Park for sale

42 Bonefish Avenue - Key Largo - For Sale

This home is new to the real estate market and one of the betters deals for homes for sale in Key Largo.  With permission from the listing agent, we are sharing this property as WE HAVE SOLD IT TWO TIMES IN THE PAST!

The neighborhood is Largo Sound Park which is sought after by locals in Key Largo.  The homeowner's park includes and sandy beach area plus a boat ramp.

Largo Sound Park - Key Largo

Here is a direct link to the listing including more photos: 42 Bonefish Avenue

Here is a link that includes all homes for sale in Largo Sound Park

If you like it, let us know and we'll be happy to get you more information and schedule a showing.

March 14, 2023

Key Largo Concrete Bunker Sold

Congratulations to our Sellers!

SOLD! This modern masterpiece in the Florida Keys was built to endure and withstand the elements. With solid concrete construction, a poured concrete roof, and impact-resistant windows, this home is a fortress of safety and security. Built by one of the most reputable contractors in the Keys, this larger version of its model boasts over 1,600 square feet of air-conditioned living space. The spacious floor plan flows seamlessly into an inviting porch area - perfect for entertaining or just taking in those warm ocean breezes. And with ample backyard space available, there's even room for a pool!

Congratulations to our sellers and the new owners on this well-built gem in paradise! If you would like more information on buying or selling in the keys, contact us today.

 

March 10, 2023

NEW PRICE on this one of a kind home!

This amazing Key Largo home is priced to sell!

If you want to experience a year-round vacation, then this is the place for you! Situated on a deep-water canal, facing a mangrove preserve, this magnificent 3-story, waterfront showplace offers breathtaking views, tiki hut, boat lift, 55' dock, wrap around balconies, elevator, on a lot and a half with room for a pool.

From shiplap accents and wide plank hardwood floors to a custom wet bar, this property offers all the latest trends and designer touches. Entertaining here is a pleasure, as the chef's kitchen is outfitted with stone counters and an oversized island. There is a guest room or private office located on the main level, while the upper level offers an exquisite owner's retreat complete with his/hers closets and a balcony to take in the breathtaking views. Plus, this property is beautifully landscaped, creating a tranquil tropical paradise just for you! 

For more information or to schedule a private tour, call us today.

March 3, 2023

The Village of Islands

Luxury Living in Islamorada

Discover the tropical paradise of Islamorada, where six Florida Keys come together to offer a unique experience. Immerse yourself in the vibrant coral reefs and swim with dolphins at the Theater of the Sea. Dive deep into history at the History of Diving Museum and uncover treasures from a 16th-century chest. Explore Windley Key Fossil Reef Geological State Park, once a quarry but now home to fascinating fossils. Take a stroll through Lignumvitae Key Botanical State Park's lush forests filled with exotic plants and wildlife. And don't forget to visit Indian Key Historic State Park, an island steeped in 1800s ruins that tell tales of its past inhabitants. 

Not only is Islamorada rich in history, it offers some of the best Luxury Living in the Florida Keys.  Are you interested in learning more about homes in Islamorada? Reach out to us and let's talk about finding your own Islamorada treasure.

Feb. 23, 2023

January 2022 Single Family Home Stats

A Balanced Market At Last?

January 2022 numbers are in, and we're starting to see the effects of reduced closed sales, pending sales, new listings, and median/average sale prices. Plus a 200% increase in time to contract - it all adds up to more breathing room for negotiation.  Could this be the start of a balanced market?

You can READ THE FULL REPORT from the Florida Keys Board or call us if you would like to discuss the current market in more detail. 

 

Feb. 10, 2023

New Price Concrete Key Largo Home

Corner Lot in Key Largo

This 3 bedroom, 2 bathroom home on a large corner lot in Key Largo is ready for it's new owner. Sellers have reduced the price on this well kept concrete home. Now listed at $825,000, it's hard to find a home in this condition on this size lot in Key Largo.

769 Musa769 Musa

769 Musa769 Musa

One of our favorite things about this property is the huge workspace on the lower level. This home has it all, plenty of room to play outdoors and spacious enough inside for year round Florida Keys Living.

769 Musa

You can learn more about this property and see more photos by visiting 769 Musa. Call us (305) 394-4449 to schedule a private showing.

Feb. 6, 2023

Mobile Homes In The Keys

Mobile Homes can be an affordable option in the keys.

The Florida Keys has a long history of mobile home communities. While we are seeing several of these mobile homes purchased to be demolished for new builds, it does make a somewhat affordable alternative to buying a single family home. Many people often dismiss mobile homes as an option, however it is something to consider. If you have ever thought about building down the road, it gives you the rights to build on the land, as well as a place to use while going through the permitting process. We have also seen many of these mobiles refurbished into really nice weekend retreats. So when thinking about buying in the Florida Keys don't forget to check all the options available to you. 

The Florida Keys Board of Realtors has just released their 2022 end of year sales figures for mobile and manufactured homes. Be sure to check out the report and see if a mobile home is a good alternative for you.

For more information on mobile or any Florida Keys homes, call us today. 

Jan. 26, 2023

Florida Keys Board 2022 Single Family Stats

Florida Keys SF Stats for 2022

2022 continued to be a busy year in the Florida Keys, while single family sales were down by over 29%, lack of inventory was still the biggest contributing factor. Single Family new listings ended up being down over 5% from the previous year. If you go back to pre-covid years, single family home sales are still up year over year and the number of months of inventory still remains below 6 months.   

2022 Single Family STats

If you like numbers and want to dive deeper into the Florida Keys single family market stats for 2022 , you can read the full report. If you would like to discuss the market in more detail or would like a valuation for your Florida Keys home, call us.