jan-nov 2014 “market stats” florida keys. florida keys real estate market jan-nov 2014 vs. 2013...
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Jan-Nov 2014
“Market Stats”Florida Keys
Florida Keys Real Estate Market Jan-Nov 2014 Vs. 2013
Upper Keys Middle Keys Lower Keys Key West All AreasAll
Areas
Lower Matecumbe-KL
7 Mile Bridge-Long Key
Bay Point-Big Pine KW-Shark Key Keys-wide 2013
Number of Sales As of 11/30/14
+7% More844
+15% More511
+3% More467
+6% More741
+7% More2,563
2,389
Avg. Sale Price As of 11/30/14
+15% More$479K
No Change$406K
-4% Less$354K
+20% More$654K
+11% More$492K
$443K
$ Value of Sales As of 11/30/14
+23% More$405M
+15% More$207M
-1% Less$165M
+27% More$485M
+19% More$1.26Billion
$1.06B
Sale Price to Original List Price Nov‘14
+9% More89.78%
+5% More88.60%
+6% More88.60%
+7% More84.63%
+7% More89.40%
82.44%
Sale Price to Final List Price Nov ‘14
+1% More92.80%
No Change91.88%
+3% More92.92%
+1%More95.47%
+1% More93.27%
91.90%
Avg. Days to SellAs of 11/31/14
-22% Less222
+1% More236
-10% Less209
-25% Less192
-15%Less215
252
Pending Transactionsat the end of Nov 2014
51(Nov # Sales 68)
40 (Nov # Sales 28)
37 (Nov # Sales 25)
17 (Nov # Sales 54)
145 (Nov # Sales 175)
N/A
Listed Properties As of 11/30/14
-3% Less802
-15% Less492
-13% Less 483
+1% More787
-6% Less2,564
2,734
Avg. “List Price”As of 11/30/14
+27% More$941K
+13% More$716K
+7% More$609K
+2% More$749K
+13% More$776
$684K
Mths of InventoryAs of 11/30/14
-9% Less10
-26% Less11
-15% Less11
No Change12
-13% Less11
13
Number Properties Available Vs. Sold – Keys-Wide Source: Florida Keys MLS
-27%
2,564
3,310
113
175
-23%
+55%
2011 2012 20142013
Coldwell Banker & Offices
Market Share Ranking
Jan-Nov 2014
Key Wide Market Share Jan-Nov 2014Key West to Key Largo (MM 0 - 107)
Lower to Upper Keys Market Share Jan-Nov 2014Lower Keys to Upper Keys (MM 10 - 107)
Middle Keys Market Share Jan-Nov 2014Middle Keys (MM 47 - 67)
Off#
ListedListing % Mkt
# Sales Sides
Sales % Market
$ Volume Sales MM
$ Volume% Mkt.
‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13
CBSREC 1 187 288 38.1 50.0 343 326 33.5 36.7 $137 $134 33.0 37.3
ACRE-MK 1 76 91 15.4 15.8 166 187 16.2 21.1 $79 $94 19.1 28.3
RE/Max All Keys 1 58 53 11.9 9.2 115 103 11.3 11.6 $31 $31 7.6 9.4
Island Breeze 1 15 31 3.0 5.3 53 35 5.1 3.9 $21 $13 5.2 4.0
Key ColonyBeach
1 21 25 4.2 4.3 47 15 4.6 1.6 $17 $6.0 4.1 1.9
C-21 Schwartz 1 33 32 6.7 5.5 59 37 5.8 4.1 $16 $11.1 3.9 3.3
Lower Keys Market Share Jan-Nov 2014Lower Keys (MM 10 - 47)
Key West Market Share Jan-Nov 2014Key West (MM 0 - 10)
Upper Keys Market Share Jan-Nov 2014Upper Keys (MM 67 - 107)