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Florida Keys Real Estate News & Trends from CB Schmitt
Keys-Wide Comparison January-March 2021vs 2020
Coldwell Banker Schmitt’s Luxury Island Properties Real Estate Report
Big Pine Key Real Estate agent REALTOR at Coldwell Banker Schmitt, Inc, specializes in the sale of Fine Homes and Condos in the Lower Florida Keys.
Since 1997, she has provided buyers and sellers with in-depth professional assistance in the sale and purchase of a residential property. If you are interested in buying or selling a home and want the professional assistance of a seasoned expert, who will work diligently in an effort to satisfy your needs, please call Diane anytime at 305-849-0934.
Hopefully, you will find this website to be comprehensive, interesting, and informative. Please bookmark this site (http://www.dianecorliss.com) Big Pine Key Homes for sale plus valuable information at your fingertips about living in the Lower Fl Keys.
Buying In The Keys
Making the decision to live in the Lower Fl Keys is just the beginning. Searching for the Perfect Property can be an involved and tedious process.
To HELP you navigate through these property searches, I have set up Quick Search Icons. The Icons give you property breakouts based on Price points and Areas.
There is also an add-to-email feature—whereby if you let me know what you are looking for, I will set up an automated email program that will send you listings per your parameters on a daily basis.
WHAT'S NEW September 2022
Sugarloaf Key Real Estate
The Sugarloaf Key residential real estate forecast currently looks as though it will perform fairly strongly over the coming months. Although, this current state of trends is likely to slow before the market goes into its annual buying and selling season next year. So, let's take a look at the residential real estate market in Sugarloaf Key and what we might expect to see.
The Sugarloaf Key residential real estate forecast is a positive one at this time and early indications are that it will start to cool off through the rest of the year. Here are some of the most pertinent figures that give a snapshot of the residential real estate market in Sugarloaf Key at this time:
Currently, the median listing price in Sugarloaf Key is $1.3 million, with a median listing per square foot price is $908, and a median selling price of $1.2 million. These figures represent a 50.1% increase in a year-over-year comparison. Additionally, the sale-to-list price ratio stands at 98.05%, meaning homes are selling for just 1.95% under their asking price.
However, these statistics may ostensibly seem like it represents a seller’s market. But, Sugarloaf Key is actually right in the middle of a balanced market. One clear indicator of this is the median days on the market, which now stand at 69 days, or just over two months. That is still pretty good, given comparable figures in other parts of the state, where the median days on the market are much longer.