Blog
Cash purchases in the Old Town area of Key West from January 1, 2010 to November 30, 2015 have averaged 58% of all sales, from a low of 54% in 2010 to a high of 63% in 2014. The ... read more >
Posted: Dec 15, 2015
November is the third month out of the last four, August, October and November, with less than 10 single family home sales in the Old Town Key West area. December requires 16 clo... read more >
Posted: Dec 04, 2015
​Ahhh - Key West for Christmas.  No galoshes. No gloves.  No wool hats yanked hard down ‘round red ears, shoulders pinched together and forward into a braci... read more >
Posted: Nov 26, 2015
Beginning in 1976 and almost every year since 1990, Gallup has polled the public to rate the honesty and ethics of various professions.  Every year since 1999, nurses have t... read more >
Posted: Nov 16, 2015
October is one of the weakest months for sales and this year's seven sales in Old Town was the least for any month in 2015 and two less than the five year average of nine.&nb... read more >
Posted: Nov 05, 2015
There are four name "neighborhoods" in downtown Key West. Routinely, sellers in these areas tell me their home should be marked up a few percent because of where they live. ... read more >
Posted: Oct 14, 2015
August sales may have stumbled but September powered forward with 67% more sales than the 2010 - 2014 September average at an average sale cost per square foot of $686, second be... read more >
Posted: Oct 05, 2015
Special Olympics Florida Monroe County provides year-round sports training and competition to 81 children and adults 8 years of age and older with intellectual and developmental ... read more >
Posted: Sep 08, 2015
Nine single family homes sold in August in Old Town, the lowest monthly figure for 2015. This is down from fourteen in August 2013 and nineteen in August 2014.  Thru August ... read more >
Posted: Sep 06, 2015
Make no mistake about it, opportunities to own fantastic properties in Italy are UN-limited.  Restored historic castles, villas, churches, mills and graineries, villas with ... read more >
Posted: Aug 31, 2015
The number of single family homes sold in Old Town continued a steady-to-up pace in July with 16 homes sold against a 5-year average for July of 10 sold.  Likewise the avera... read more >
Posted: Aug 06, 2015
The average sale price for a single family house sold in the Old Town area in the 2nd Qtr of 2015 was $1,098.000. This is the highest quarterly average sale price since $1,256,00... read more >
Posted: Jul 04, 2015
Some people claim Key West is headed for a bubble.  I say no. The 2004 - 06 run up and burst was caused by easy money. Prices rose rapidly. Diminishing sales could not suppo... read more >
Posted: Jun 03, 2015
Sixteen single family homes sold in the Old Town area in April at an average sales price of $1,002,000! The price per square foot of $696 was 30% above the 2010-2014 average. Thi... read more >
Posted: May 05, 2015
Key West has Luxury, Upscale, Mid-Priced, Economy and Guesthouse and B&B accommodations. In 2014, Guesthouses and B&B's had the second highest increase in both Averag... read more >
Posted: Apr 09, 2015
Old Town sales of single family homes continue a steady climb.  Number of Old Town homes sold this quarter (46) is up 24% over the 1st Quarter of 2014 and the highest record... read more >
Posted: Apr 01, 2015
After 62 months, sales of single family homes in Old Town continue to show strength, not only in sales and prices but in listings coming to contract as Expired and Cancelled list... read more >
Posted: Mar 05, 2015
A national marine treasure lays just 70 miles west of Key West.  Accessible by seaplane or boat, the Dry Tortugas National Park is a treasure not to be missed on any trip to... read more >
Posted: Feb 06, 2015
Traditionally, January sales (closings) are few.  December is not a big month for contracts, so January usually has little to build on.  Since 2011, January has average... read more >
Posted: Feb 04, 2015
​Old Town Key West contains several micro neighborhoods. One of the nicest of these is called The Meadows. (Map here). The Meadows is entirely residential and is criss-cros... read more >
Posted: Jan 27, 2015
Key West real estate prices hit their peak in 2005/2006.  Then, Ka-Boom! Prices fell 50%, bottoming in 2009/2010.  Since then EVERY home property type has rebounded.&nb... read more >
Posted: Jan 04, 2015
I own a 1987 BMW M6, aka the Bavarian Ferrari. The car had a right front brake caliper problem. A friend who is a mechanic at an area Lexus dealership said to bring it in and he ... read more >
Posted: Dec 29, 2014
Every January for the past 28 years Key West has hosted North America’s premiere winter regatta – Quantum Key West Race Week.  For January 2015, racing in Key We... read more >
Posted: Dec 10, 2014
November sales of single family homes in the Old Town area took a breather with only seven closings.  It is not unusual for November to be a slow month.  Since 2010, cl... read more >
Posted: Dec 01, 2014
Sales of single family homes in Old Town Key West continue their record pace of number sold and rising sale prices with each major bed & bath configuration moving higher thro... read more >
Posted: Nov 02, 2014

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