Latest Florida Keys Market Statistics as of July 1

 Florida Keys Real Estate Market Update

Good news for home seekers and investors in the Florida Keys!  Despite an increase in available properties and longer days on the market compared to last year, homes are still selling swiftly when priced appropriately. 

When priced right, properties are attracting eager buyers, leading to quick and successful sales. So, if you're a seller, partnering with a knowledgeable realtor who understands the local market is crucial to ensure your property is competitively priced. 

It's essential to be cautious when setting your listing price. Homes not priced correctly may experience more negotiations, with buyers being able to secure an average discount of about 92% off the original list price. 

On the bright side, despite these fluctuations, the overall property value in the Florida Keys remains robust. Median and average sold prices are on a steady rise year over year, reflecting the strong demand for this tropical paradise. 

So, whether you're looking to buy, sell, or invest in the Florida Keys real estate market, now is a great time to explore your options! Feel free to reach out to me, your local real estate expert, to navigate this exciting market and make the most of your real estate endeavors.