Florida Keys home search

Looking to live in Americas tropical paradise the Florida Keys. The best way to start is by viewing the most comprehensive Florida Keys real estate website. My 20 years of Florida Keys living and experiences started with 10 years as a licensed captain and diver working off shore exploring the Florida Keys waters for much of that time. The last 12 years, 10 of which as a full time Florida Keys Realtor. This experience has helped me compile one of the most comprehensive Florida Keys websites get you all the information you need. And what you don't find there please contact me directly for. You will be able to search all of the homes listed in the Florida Keys Multiple Listing or MLS with ease. So please visit me on line and reach out to me with any questions you may have. Here's what Florida Keys home owners have said about me.

Florida Keys Home Search

For the most comprehensive search of Florida Keys real estate, please contact John Nazzaro at 305 731 9370. Or if you wish, visit me on line and search the MLS with up to the minute updates. My 20 years of Florida Keys experience and 12 years of real estate sales will breeze you through the home buying process. I will make the your transition to the Florida Keys lifestyle as seamless as possible.

Florida Keys real estate market report

The Florida Keys real estate market is fast becoming a challenging market for buyers. The number of properties being sold as short sales has been greatly reduced partly because the market’s values are rising giving sellers more equity. The Florida Keys are seeing a drop in distressed properties entering the market. One might think that this would translate into lower numbers of foreclosures entering the market too, however Florida Keys Foreclosures numbers have remained somewhat constant as lenders seem to want to maintain that inventory around 100 units so as to follow the market up which is mainly driven by arms length transactions much different from what the market was from 2006 through 2011. As most foreclosures were once short sales that did not sell, this number maybe a good indicator of foreclosures to come. The numbers of short sales at time of this writing were down to just under 200. The real estate market here in the Keys reached a low in both volume of sales and property values in 2011. At that time there were close to 800 short sales being marketed. Visit me on line at my Florida Keys real estate website for the most up to date Florida Keys information and the most comprehensive search of the Florida Keys MLS and Florida Keys Homes.

So what is the real estate market in the Florida Keys doing? It is moving and moving fast. The Keys market is driven by retirees and working class people who want to play and live in a warm climate and enjoy the warm tropical waters that are not present in any other part of the continental US. Most of our demand is from people wanting this lifestyle. In 2012 there were 2218 sales an increase of 8% compared to 2011 which saw a 13% rise over 2010. This was the first time since 2005 that sales numbers had exceeded 2000 units or properties. The average sale price was 422K which is 5% higher than 2011 when it was 403K. On the supply side the inventory decreased by 7% to 3138 at the end of 2012 from 3359 which is the number of properties on the market at the end of December 2011. That is also down 32 % from the high of 4628 which occurred at the end of 2006. The numbers of short sales is at 319 which is less than half of what they peaked at in 2010 when it was hovering around the 800 mark. Bank owned or foreclosures are also down in numbers. Today there are 90 bank owned properties on the market 36 are under contract. This number too is about half of what it was in 2010 when inventory of bank sales peaked. Want to know about the Florida Keys Real Estate Market?

Now is the time to buy in the Florida Keys!

Looking for a home in the Florida Keys? If you are, you have noticed the inventory of Florida Keys homes for sale has dramatically been reduced over the past year as many buyers trying to time the market have purchased properties. Then number of bank or lender owned properties or REO's real estate owned by lenders has too been reduced. Banks and lenders have been very diligent in controlling the release of bank owned properties in the Florida Keys so as not to flood the market. The has led to relatively stable prices in the Florida Keys Housing market.

Please visit me on line or contact me directly to get the latest on Florida Keys Real Estate.

Florida Keys Real Estate

Has the Florida Keys Real Estate market changed? Is the bottom here for Florida Keys Homes for sale. All indicators say yes. A lower inventory, less Florida Keys bank owned or REO's on the market, along with less fair market properties available. The home inventory if very low in the Florida Keys.

One of the islands I specialize in is Big Pine Key, one of the most affordable islands in the Keys.

Let me help you by first signing you up for Real Estate market updates which show you the selling price of homes in the area along with any new properties that become available on the Florida Keys MLS or Multiple Listing Service.

I am here to help you, please let me know how I may.

Best regards,

John Nazzaro

Want to see what has sold in Florida Keys Real Estate for the month of August 2011? This link will show single family, duplexes, half duplexes, condos, town homes and mobile homes that have sold. You can organize the list by clicking on the header you wish to organize it by, such as price, Key, style, waterfront, living square feet, total bedrooms, baths and lot sizes. Then click on the listing to view additional information and photos of it.




Want to track Florida Keys Real Estate properties and see what they have sold for? Follow this link to see what sold in August:

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This link will take you to a short list I have compiled of REO or bank owned properties.

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