KEYS-WIDE OVERVIEW

Sales of 2,099 properties during

the first nine months of 2014

were  3% higher than

the 2,041 properties during that

same period in 2013. This

continues the trend of the past six

years; that of exceeding each

previous January—September

period since 2008 when it was913

The nine-month record

of 2,818 occurred in 2004.

Average Sale Price: Key West led all increases,  24% to $664K compared to $535K in 2013; an

average increase of  2% per month. Upper Keys ASP was up  18% at $486K from $411K.

The Middle Keys rose  10% to $416K from $377K. The Lower Keys declined-

10% to $335K, down from $374K last year

Number of Sales: With the exception of the Lower Keys which had no change from the 385 sales

over the January-September period last year, all Keys market areas experienced increased sales

during the past nine months. Middle Keys sales rose  11% to 429 sales from 386. The Upper

Keys was up  2% to 675 from 664 in 2013, and Key West sales increased 

just  1% reaching 610 compared to 606 a year ago.

Florida Keys Real Estate Report