Key West & The Lower Keys Real Estate New

***(Compared to 870 on Feb. 1, 839 on Jan. 2, 2012, 835 on Dec. 1, 802 on Nov. 2, 761 on Oct. 5, 768 on Sept. 1, 778 on Aug. 4, 815 on July 6, 867 on June 2, 897 on May 4, 902 on Apr. 6, 941 on Mar. 2, 957 on Feb. 2, 967 on Jan. 1, 2011.

AVAILABLE RESIDENTIAL PROPERTIES BY AREA

Key West: 434 Properties, from $125,000

Lower Keys: 419 Properties, from $81,000

Marathon Key & Surrounding Areas: 430 Properties, from $85,000

Upper Florida Keys: 751 Properties, from $85,000

KEY WEST MARKET SNAPSHOT

54% Single Family Homes: 240

37% Condominiums: 125

8% Townhomes: 33

8% Multi-Unit Properties: 34

0 - $500k: 145 Properties

$500k - $1m: 156 Properties

$1m - $1.5m: 65 Properties

$1.5m - $2m: 34 Properties

$2m+: 34 Properties

LOWER KEYS MARKET SNAPSHOT (MM 6 - 40)

73% Single Family Homes: 317

1% Condominiums & Townhomes: 1

1% Multi-Unit Properties: 3

25% Mobile Homes: 96

0 - $500k: 246 Properties

$500k - $1m: 118 Properties

$1m - $1.5m: 22 Properties

$1.5m - $2m: 19 Properties

$2m+: 14 Properties

JANUARY 2012 SALES STATISTICS
26 residential properties sold in the Lower Florida Keys (mm 6 to 40) totaling $8.7m, with an average of 9.1% off the list price and an average sales price of $335,712. During the same period, 27 transactions in Key West represented $13.8m in sales, with an average of 6.5% off of the list price and an average sales price of $510,477.

Key West Sales

Lower Keys Sales

Feel free to contact me at any time, to discuss buying your new home in the Fabulous Florida Keys!

Best Regards,

Vic

Vic Musmanno, PA, CRS, ABR

Broker Associate

Coldwell Banker Schmitt Real Estate

1201 White Street, Key West, FL 33040

Toll Free: 800-598-7727, ext 7457

Local: 305-294-0123

E-mail: vicmus@aol.com

2010 & 2011 Top Selling

Residential Realtor

& Coldwell Banker Agent

In The Entire Florida Keys

Nobody sells more homes in the Keys!

Properties featured on this web site are not necessarily the listing of the web site host or his broker. The intent of this information is to present to the public an accurate and concise representation of the available properties in the Key West & Florida Keys. Information regarding these listings has been derived from the Key West Association of Realtors MLS.

* All data used for real estate sales statistics and other related activity was derived from the Florida Keys MLS.

*Only 2% of all real estate agents in the United States are certified by the Real Estate Buyer's Agent Council and National Association of Realtors as Accredited Buyer Representatives (ABR). With over 1000 licensed real estate agents in the entire Florida Keys, only a select few have earned this professional designation - and Vic Musmanno is one! From the initial selection of properties, all the way through contract negotiations and settlement, you can now have an agent specifically committed to representing your best interests when buying a home. Consumer advocacy groups have endorsed such representation, and licensing laws have been reworked to enable and encourage representation for THE BUYER.

**The National Association of Realtors Council of Residential Specialists awards the prestigious Certified Residential Specialist designation to recipients who demonstrate significant experience and volume of real estate transactions and successfully complete advanced courses in real estate practices. Only 4% of all Realtors have earned this prestigious credential, and council members were involved in nearly 25% of all residential real estate transactions in the U.S.

***A buyer is eligible for this offer when registered with a Buyer's Representation Agreement with Vic Musmanno prior to purchase and buyer successfully closes on the property. Offer may not be available if any referral or cooperating agents are involved, and may not be combined with other offers.