Florida Realtors releases early 2022 Upper Keys Stats

The numbers are in for the early part of 2023. We've broken down the stats by each of the Upper Keys areas. While the numbers varied from area to area, the overall trends remained the same throughout each area. Inventory has gone up this year but still not up to pre-pandemic numbers. This is still the biggest driving force behind the reduction in closed sales year over year. We are also starting to see the median sale prices drop over the previous years, where we had been on an upward trend for the last several years. We still don't have enough inventory to say it's a "buyers' market" but there is at least a little negotiating room now. 

If you are thinking of buying or selling in the Florida Keys and would like more info, reach out to us. If you would like to see the current inventory in Key Largo, or Islamorada you can visit www.keyslistings.com and set up a custom search to get regular listing updates.