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.

Nov. 11, 2022

Marathon In The Middle

Marathon in the middle of it all!

People often think of Key West first when they think of the Florida Keys, but there is a gem right in the middle. Marathon is considered to be one of the biggest marine friendly city in the keys. Boasting a large amount of boat slips and mooring fields. It is also a great place to live part-time or fulltime. Being one of the biggest individual keys it has all the amenities of most small towns, from grocery stores, restaurants and a home depot. Marathon also has the most "vacation rental" friendly zoning areas in the keys. So if you've been looking for a rental property Marathon just might be the place for you.

Marathon 

 

 

For more information on Marathon and all it has to offer Click Here.

If you think Marathon might be the perfect choice for you, Click Here to see homes for sale.

 

Oct. 22, 2022

Monroe County Florida Q3 2022 Single Family Stats

Quarterly Market Detail - Q3 2022 Single Family Homes Monroe County

Q3 numbers are in for single family homes in Monroe County. What we have been seeing the last few months definitely shows in the numbers. Sales have continued to be down for Q3 2022 and days on market have increased by 65%. We had seen a slight uptick in inventory earlier this year, however new listings are still down 18% over last year. While we anticipated seeing more homes come on the market, it still has not happened at the rate anticipated. Signs are leaning towards a more balanced market but we aren't quite there yet. 

Monroe County Q3 Single Family Stats

 

To see the full report CLICK HERE.

Oct. 13, 2022

Key Largo Waterfront for Under $600k

Fantastic canal front oversized corner lot in Key Largo has been reduced! 

Priced to sell! High and dry 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 Vaca

For more information on this home click here.

Oct. 7, 2022

Port Largo Duplex For Sale

Rare duplex in sought after Port Largo is ready for it's new owner.

If you want to live in Port Largo on the water for well under $2 million, here's your chance. Four lots from the main canal with tremendous views of Molasses Reef from the top deck. 80' wide canal with 6' of draft to the ocean. In addition to 1650 sq ft of living space it has a 400' storage room and carport for two cars. Four decks and four sliding glass doors provide lots of light and access to beautiful Keys sunrises and sunsets. New A/C and hot water heater. This is a half duplex - not a condominium or townhouse. 37' concrete seawall and dock with boat davits. Members of voluntary HOA have access to the oceanfront boat ramp and neighborhood park with beach. Single owner for 32 years. Home ready for a new beginning. Make it yours!

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For more information on this home CLICK HERE. If you would like a complete list of available homes in Port Largo CLICK HERE.

Sept. 30, 2022

Sometimes a Non-Waterfront Home can be the answer to finding a home in the Keys!

Looking for a home in Key Largo with easy access to the water but find canal or waterfront unaffordable?

Most buyers don't realize that they can buy in Key Largo for under $1M and still have access to all the great water activities the area has to offer. Considering a dry lot is a great option. Several of the dry lot communities offer community parks with boat ramps at a low cost. If you buy in a community that doesn't have a ramp, there are several public ramps in the area where you can easily launch your boat.

key largo homeskey largo homesnon waterfront key largo

Click here for dry lot properties in Key Largo.

For more information on the Florida Keys real estate market, message us

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.

 

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. 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.

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.

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For more information on this home, contact us or call (305) 394-4449. 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. If you would like a complete list of available homes in key largo click here.