If you need assistance, please call 305-395-0814

Sell NOW Before Competition Hits the Market 305-395-0814

Thursday, May 26, 2016   /   by Lela Ashkarian

Sell NOW Before Competition Hits the Market 305-395-0814

Click HERE to find the Market Statistics for Keys Wide Properties

T
he uptrend in sales we have been seeing Keys-wide since 2009 has come to a halt with the number of sales down in all areas of the Keys for the first quarter of this year.  The Middle Keys had the smallest decline, down 18% from the last year, while Keys-Wide saw a 23% reduction in number of sales. 

The Middle Keys average sale price at $1,662,87 enjoyed a 49% increase over last year however this number is for all property type and is skewed by a 21% decrease in lot sales coupled with a 25% increase in homes selling over $1,000,000

Click HERE to See what's happening nationwide   As explained in the enclosed newsletter, many markets in the country are experiencing a slow down in sales with resort home markets down 18% nationally.  The global economy and the upcoming election are most likely causing buyers to be hesitant with discretionary spending.  Our prices have risen steadily over the past few years causing many buyers to be price out of the market.  On the positive note, interest rates remain historically low.

Coldwell Banker continues to lead the market in the Middle Keys selling twice as many of our seller's property than the #2 company and participating in 32% of all sales.

I hope this information is useful to you.  If you would like further information please give me acall at 305-395-0814 or email me at lela@coldwellbanker.com 

Sincerely, 

Lela Ashkarian, ABR, CRS, GRI, e-PRO

305-395-0814

www.SearchFloridaKeysHomes.com 

Lela Ashkarian 305-395-0814 & Natalie Ardis 305-481-3317
Lela Ashkarian
11050 Overseas Hwy
Marathon, FL 33050
305-395-0814
305-289-6492

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.