Sunset Key and Key West Real Estate


				A Professional BUYERS "Negotiator".

Florida Keys Real Estate Market Reports

NOW is the time to buy! Read about it HERE.

Year to Date Listings and Sales Statistics 2007 v. 2006 click HERE.

Weekly Key West Real Estate News:

February 11-17, 2007 Edition

Note: All statistical data has been derived from the Florida Keys & Key West Association of Realtors MLS and does not include information relating to privately listed properties for sale.

RECENT "SOLD" STATISTICS

JANUARY SALES STATISTICS

In January 2007, 18 residential properties sold in the Lower Florida Keys (mm 6 to 40) totaling over $11.01m, with an average of 10.01% off of the list price and an average sales price of $612,889. During the same period, 23 transactions in Key West represented $18.49m in sales, with an average of 9.23% off of the list price and an average sales price of $803,924.

CURRENTLY, 2545 RESIDENTIAL PROPERTIES FOR SALE IN THE LOWER

AND MIDDLE FLORIDA KEYS (KEY WEST to DUCK KEY):

***(Compared to 2403 on Jan 3, 2007, 2289 on Dec 2, 2006, 2132 on Nov 1, 2034 on Oct. 4, 2067 on Sept. 7, 2170 on Aug. 2, 2189 on July 5, 2237 on June 7, 2315 on May 4, 2366 on Apr. 5, 2336 on Mar. 8, 2234 on Feb. 1, 1909 on Jan. 4, 2006, 1758 on Dec. 7, 2005, 1542 on Nov. 9, 1484 on Oct. 5, 1408 on Sept. 7, 1417 on Aug. 4, 1422 on Jul. 6, 1311 on Jun. 1, 1208 on May 4, 1242 on Apr. 6, 1182 on Mar. 2, 1051 on Feb. 2, 945 on Jan.5, 2005 & 773 on Dec. 2, 2004.

AVAILABLE RESIDENTIAL PROPERTIES BY AREA:

This Week

Key West: 1071 Properties, from $239,000

Stock Island: 49 Properties, from $259,000

Key Haven: 32 Properties, from $649,000

Rockland Key: 3 Properties, $647,500

Big Coppitt: 67 Properties, from $160,000

Geiger Key: 10 Properties, from $325,000

Shark Key: 8 Properties, from $1,595,000

Saddlebunch Key: 17 Properties, from $199,999

Sugarloaf Key: 74 Properties, from $250,000

Cudjoe Key: 173 Properties, from $189,000

Summerland Key: 102 Properties, from $375,000

Ramrod Key: 47 Properties, from $275,000

Big, Middle & Little Torch Keys: 59 Properties, from $225,000

Big Pine & No Name Key: 257 Properties, from $195,000

Marathon Key & Surrounding Areas: 701 Properties, from $115,000

Upper Florida Keys: 1394 Properties, from $175,000

PRICE BREAK DOWN OF KEY WEST AREA HOMES

$0 - 300k: 8 Properties

$301 - 400k: 68 Properties

$401 - 500k: 98 Properties

$501 - 600k: 120 Properties

$601 - 700k: 127 Properties

$701 - 800k: 92 Properties

$801 - 900k: 84 Properties

$901k - 1m: 62 Properties

$1m - 2m: 289 Properties

$2m & Over: 118 Properties

PRICE BREAK DOWN OF LOWER KEYS HOMES

$0 - 200k: 5 Properties

$201 - 300k: 44 Properties

$301 - 400k: 71 Properties

$401 - 500k: 117 Properties

$501 - 600k: 116 Properties

$601 - 700k: 131 Properties

$701 - 800k: 72 Properties

$801 - 900k: 54 Properties

$901k - 1m: 44 Properties

$1m - 2m: 107 Properties

$2m & Over: 48 Properties

YEAR END REAL ESTATE SALES STATISTICS FOR 2006

KEY WEST

- 399 residential properties sold totaling $329.2m

- Average sales price was $825,025

- Median sales price was $625,000

- Homes sold for an average of 8.8% off the list price

LOWER KEYS

- 246 residential properties sold totaling $161.8m

- Average sales price was $658,063

- Median sales price was $553,500

- Homes sold for an average of 8.82% off the list price

MARATHON AREA

- 187 residential properties sold totaling $147.9m

- Average sales price was $791,065

- Median sales price was $650,000

- Homes sold for an average of 8.04% off the list price

Feel free to contact me by clicking here, or call me at (877) 611-KEYS, to discuss buying or selling your home or property in Paradise! I'll also be happy to provide you with a Comparative Market Analysis at no charge!!

Ray Jensen, P.A., REALTOR, e-PRO, TRC

Exit Realty Old Town Key West

Toll Free: (877) 611-KEYS

Why hire an agent with an e-Pro designation?

The Internet has added a new dimension to the real estate world. Now you can be assured that the REALTOR you choose will have the knowledge and skills to put the power of the Internet behind your real estate transaction. All REALTOR e-PRO Internet Professionals are REALTORS who completed a rigorous certification program endorsed by the prestigious NATIONAL ASSOCIATION OF REALTORS^� (NAR). Real estate agents and brokers who have earned REALTOR e-PRO Certification are Internet Professionals who have completed extensive training using the Web. REALTOR e-PRO Certification means the real estate professional is prepared to employ the latest techniques and services for your benefit, just like you've grown to expect from a professional.

Life can be a little easier.

Save time and irritation. Work with a REALTOR e-PRO Certified real estate professional who provides both buyers and sellers with high quality, timely information using the resources of the Internet. REALTOR e-PRO Internet Professionals maximize your ability to leverage the enormous power of the Internet when you are buying and selling property.

Working with the best pays off.

Save money. REALTOR e-PRO Internet Professionals can help you take advantage of the latest Internet innovations resulting in considerable savings and speed whether you are a buyer or a seller of property. Work with someone who is ready, willing, and very capable. Your REALTOR e-PRO Certified real estate professional has already proven that he or she is prepared to respond to the new market place. REALTOR e-PRO Internet Professionals are committed to being more responsive, understand that you are the boss, and will completely respect and guard your privacy.

Rest easy...

REALTOR e-PRO Internet Professionals can offer you the peace of mind that comes from knowing you have chosen to work with a REALTOR committed to using the Internet with skill, integrity, and professionalism. Work with a professional who has made the extra commitment. Choose a REALTOR e-PRO.

When is a Real Estate Professional a REALTOR�?

When they are a member of the NATIONAL ASSOCIATION OF REALTORS. The Voice for Real Estate -- the world's largest professional association. The term REALTOR is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code of Ethics. Founded in 1908, NAR has grown from its original nucleus of 120 to today's 1,000,000+ members. NAR is composed of REALTORS who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,700 local associations/boards and 54 state and territory associations of REALTORS. They can join one of our many institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections. REALTORS are pledged to a strict Code of Ethics and Standards of Practice.

Working for America's property owners, the NAR provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property.

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