As your local Key West, FL real estate expert and offering monthly information regarding single family homes sales in Key West, I'm please to announce the following information regarding Key West and real estate. The streets are busy and the pedestrians are out walking. Last week was the Crafts Show downtown and the Nautical Flea Market by the Annex waterfront. The weather has been a little odd for this time of the year, but we don't have snow and our days warm up. Seems everytime I turn around there is so much turmoil between the stock market, bailouts, buyouts, health reform, new laws and rules, and either it's doom-or-gloom or it's peachy/rosy. I cannot keep up with all the changes so I'm sure many are feeling the same way. So in order to eliminate the confusion, I'm providing LOCAL information and numbers from our MLS. Additionally, we keep hearing that the interest rates are going to creep up by mid year so we're watching interest rates and right now they are remaining low with some ups and downs. With prices still low, seems to be a good time to buy if you've been stalling! Here are February 2010 numbers: Low price: $185,500
Median price: $425,000
High price: $2,062,500
There were a total of 21 single family homes sold in Key West. This is an awesome little city, but you need a local real estate market expert to help filter through the inventory and the many details that are involved in purchasing. I am Sylvia Werling, an experienced real estate professional who has had a lifetime experience in the Florida Keys including helping buyers and seller in the Key West Area, overseeing well over $20,000,000.00 of real estate transactions (not including other areas). For true, local, and knowledgeable service in the Key West FL real estate market, contact Sylvia Werling directly at 305-797-5652 or email any time at Sylvia@iLoveTheFloridaKeys.com. |