The Real Deal Miami

Florida Keys sales improve 36 percent in first half

August 06, 2010 11:15AM

A historic home for sale in Key West

There were 957 sales in the Florida Keys in the first half of 2010, a 36
percent increase compared to the same period in 2009, according to a
report from Coldwell Banker Schmitt Real Estate in Marathon. The total
value of sales across the Keys increased by 13 percent, to $404.3
million, compared to the first half of 2009. The Middle Keys saw the
biggest jump, with 172 sales, a 47 percent increase. Keys-wide, the
average sale price was down, however, to around $423,000, although sale
prices in the Middle Keys rose to $462,000. TRD