Free List of SHORT SALES and FORECLOSURES in the FLORIDA KEYSBig Pine is located at about mile marker 28 or 28 miles east of Key West. It is a little farther from the mainland than some of the other Keys but an easier commute to Key West for work or play. Big Pine has a feel all it's own and is less congested than some of the other Keys. If you don't mind the extra drive Big Pine is a great place to find affordable vacation homes and relax in Paradise.
For 2009 the average sales price for a home in Big Pine Key is $347,378, making Big Pine a great pick for a second home. And there are currently 162 homes for sale to select from.
Call Kelly Willey at Coco Plum Realtors for all of your Big Pine Key Real Estate needs.
Kelly Willey, SRES, Broker
305-289-2212
FLORIDA KEYS SALES STATISTICS THE REAL COLD HARD FACTS NOT A SOUND BITE
I am really tired of battling misinformation from the media. Yesterday an agent from another company presented an offer on one of my listings at 70% of list price. The rationale was that another broker in the area was quoted in a local paper saying that homes were selling for 70% of list price.
I have done my research on foreclosures and know they sell for an average of 94% of the list price but I never really looked at the entire market, until this.
So as not to manipulate the data I selected ALL sales since 1/1/09 of single family, condos and duplexes throughout the Florida Keys. There were 204 sales. The system will only allow me to select 200 so I selected the first 200 and the data for them is below.
As, all us informed folks can see, properties are in fact selling for an average of 87% of list price and as my data from other posts provides the bank owned properties are selling for 94% of list price. This is the data and the facts not some random number I took off the top of my head to make a good quote for the local papers.
If you want the real data and facts of a particular market ask the agent to provide you the numbers in black and white any agent that won't show you the numbers run from.
Statistical Market Analysis
|
Status |
# Listings |
List Volume |
Sold Volume |
|
List Price |
Sold Price |
Sale/List Price |
Living Apx SqFt |
List Price Per Living Apx SqFt |
Sold Price Per Living Apx SqFt |
Days On Market |
|
Closed |
200 |
107,733,571 |
94,135,090 |
Low |
69,900 |
66,000 |
0.94 |
398 |
60.78 |
57.39 |
0 |
|
Overall |
200 |
107,733,571 |
94,135,090 |
Low |
69,900 |
|
|
398 |
60.78 |
|
0 |
Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Prepared by Kelly Willey, SRES on Sunday, April 26, 2009 1:43 PM
Buyers call all the time about foreclosure sales prices in the Florida Keys. The properties that are selling are the foreclosures and the short sales. Why? Because they are priced to sell. They are good values and people recognize this and buy them. The next question is how much to offer. I cannot tell you how much to offer I can only suggest what the market is currently doing. And, in the Florida Keys foreclosure sales are priced great and are selling better than any other properties.
In this graph of 10 sales form the last 90 days you can see that foreclosures are selling for an average of 94% of the list price. Not 50%, 60% or even 70%. Buyers call me all the time and want to offer half price on our foreclosure properties. Folks this is not a clearance sale, Going out of Business Sale or Red Dot Sale. FORECLOSURES DO NOT SELL FOR HALF price. They are already discounted to sell fast and are great values.
The Sombrero Beach area is a popular place to vacation or buy your vacation home in Paradise. Sombrero Beach is the perfect Florida Keys spot to relax for a day at the beach with beach vollyball, fishing pier, playground and clean bathrooms.
For your SOMBRERO BEACH Short Sale or Foreclosure....check out these great homes....
BIG PINE FORECLOSURES BIG PINE SHORT SALES
DUCK KEY FORECLOSURES DUCK KEY SHORT SALES
MARATHON FORECLOSURES MARATHON SHORT SALES
ISLAMORADA FORECLOSURES ISLAMORADA SHORT SALES
KEY COLONY FORECLOSURES KEY COLONY SHORT SALES
KEY LARGO FORECLOSURES KEY LARGO SHORT SALES
KEY WEST FORECLOSURES KEY WEST SHORT SALES
PLANTATION FORECLOSURES PLANTATION SHORT SALES
SUMMERLAND FORECLOSURES SUMMERLAND SHORT SALES
Monroe County is due to increase the bed tax rate on June 1, 2009. For vacationers this means a total of 12.5% tax added to every rental. The increase is up 1% from the current 11.5%. If you are vacationing this summer in the Florida Keys you can save the 1% by paying in full prior tot he June 1 deadline.
For all of your Florida Keys Property Management, Vacation Rental Management and Vacation Rental needs, contact Coco Plum Realtors where we treat you like family!
Luxury rental homes needed for the summer season!!
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Coco Plum Realtors is family run and serves the Florida Keys with Integrity and Creativity. Specializing in vacation homes from luxury Oceanfront estates to short sales, foreclosures and REO homes.
Coco Plum Realtors is a small family owned business in the heart of the Florida Keys, Monroe County, Florida. While they are small in size they are big on service and cutting edge marketing techniques.
Kelly Willey is a licensed real estate broker n Florida with over 20 years experience. She was trained in the highly competitive Baltimore Washington real estate market and has the tools necessary to succeed in any market conditions.
REO and Foreclosure Specialist with 20 years experience marketing REO properties.
Kelly and her husband Jim Willey specializes in the marketing of single family homes in the Marathon, Key Colony Beach, Duck Key area. She also has worked extensively with numerous REO properties, foreclosures and they do BPO's.
Kelly Willey is the broker and began her real estate career in 1989 in Baltimore, Maryland and Long and Foster Realtors. She rose quickly to the top of her office and was the Rookie of the Year in 1989 with Coldwell Banker. Over the years she has earned numerous sales awards, sold millions and millions of dollars in real estate and attended a vast number of training programs. Kelly has specialized in working with many REO, short sale, pre-foreclosure and foreclosure properties over the last 20 years. And, she holds the SRES, Seniors Real Estate Specialist designation for working with senior citizens and their special needs.
Kelly and her family have been very involved with Island Community Church and Island Christian school. Being involved as a youth leader with the teens sparked their interest in foreign missions. They have taken many trips to the Dominican Republic to serve the impoverished of that country and founded a non-profit corporation, Micah Missions, to raise money and awareness of that cause.
For all your real estate needs in Marathon, Duck Key, Key Colony Beach and Grassy Key call Kelly Willey at 305-289-2212 or email her at MicahMissions@Gmail.com. We are always happy to help you with area attractions, local schools or the value of your Marathon, Florida Keys home.
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