Short Answer
Limited inventory in the Florida Keys, particularly for waterfront and canal properties, typically supports higher prices. Low months-of-supply figures in desirable communities create favorable conditions for sellers.
Limited inventory in the Florida Keys, particularly for waterfront and canal properties, typically supports higher prices. Low months-of-supply figures in desirable communities create favorable conditions for sellers.
If you have a specific situation or property in mind, I encourage you to reach out directly. Every real estate transaction in the Florida Keys has unique factors, and a conversation is the best way to get the precise guidance you need. My team and I are here to help you navigate the process with confidence.
Text me at (305) 393-5859 or send a message through the contact page and I will get back to you personally.
Steve's Advice
Steve Conley
Principal, Conley Sales Group at COMPASS
Inventory in the Keys is always tighter than the mainland because of ROGO restrictions. When inventory drops below 4 months of supply, we see bidding wars on well-priced properties. When it rises above 8 months, buyers have more negotiating leverage. Right now I am tracking the numbers closely for each community.
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