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

Marathon

Why you'd want to live in Marathon

The Florida Keys Market is a unique and diverse market located in the southernmost point of the United States. It is made up of a chain of islands that stretches approximately 120 miles from Key Largo to Key West. The market includes a wide variety of industries, including tourism, fishing, real estate, and retail. The tourism industry is one of the primary drivers of the Florida Keys Market, as the region attracts millions of visitors each year who come to enjoy the beautiful beaches, water sports, and recreational activities. This influx of tourists has also led to the development of a thriving retail industry, with numerous shops, restaurants, and other businesses catering to the needs of vacationers. The fishing industry is another important part of the Florida Keys Market, with a variety of fish and seafood harvested from the surrounding waters. The area is known for its abundance of fresh seafood, which is enjoyed by both locals and visitors. Real estate is also a major industry in the Florida Keys Market, with many people choosing to purchase vacation homes or retire in the region. The market has a range of options for both buyers and renters, including condos, single-family homes, and apartments. Overall, the Florida Keys Market is a vibrant and diverse region that offers a unique mix of industries and attractions. Its location and climate make it an ideal destination for tourists, while its strong economy and growing population make it an attractive place to live and do business. via Google

#marathonkey #realestate #realtor #lelaashkarian

Marathon Market Report

$1,837,454

AVERAGE PRICE OF 242 HOMES

$555,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,825,944

AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

$2,929,056

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$2,305,225

AVERAGE PRICE OF 140 HOMES WITH A POOL

$1,335,985

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $1,837,454
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.79 baths

Average Price by Bedrooms

1 bedroom $659,477
2 bedrooms $902,458
3 bedrooms $1,406,776
4 bedrooms $2,535,721
5 bedrooms $4,640,469
Marathon Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 234 213 196 181 192
Average Price $1,842,068 $1,844,515 $1,903,015 $1,925,962 $1,873,412
Avg Price Change -0.13% -3.17% -1.21% +2.81% -8.17%
Median Price $1,134,700 $1,151,379 $1,207,321 $1,218,161 $1,259,556
Med Price Change -1.47% -4.86% -0.90% -3.40% -8.56%
Avg Bedrooms 3.05 beds 3.03 beds 3.03 beds 3.07 beds 3.16 beds
Avg Bathrooms 2.79 baths 2.74 baths 2.72 baths 2.77 baths 2.79 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 242 $1,837,454 119 days
Distressed Homes 1 $555,000 82 days
Multi-Million Dollar Homes 131 $2,825,944 129 days
Newly Built Homes 16 $2,929,056 142 days
Homes with a Pool 140 $2,305,225 124 days
Reduced Price Homes 13 $1,335,985 120 days