Jan-Nov 2014

“Market Stats”Florida Keys

Florida Keys Real Estate Market Jan-Nov 2014 Vs. 2013

Upper Keys Middle Keys Lower Keys Key West All AreasAll

Areas

Lower Matecumbe-KL

7 Mile Bridge-Long Key

Bay Point-Big Pine KW-Shark Key Keys-wide 2013

Number of Sales As of 11/30/14

+7% More844

+15% More511

+3% More467

+6% More741

+7% More2,563

2,389

Avg. Sale Price As of 11/30/14

+15% More$479K

No Change$406K

-4% Less$354K

+20% More$654K

+11% More$492K

$443K

$ Value of Sales As of 11/30/14

+23% More$405M

+15% More$207M

-1% Less$165M

+27% More$485M

+19% More$1.26Billion

$1.06B

Sale Price to Original List Price Nov‘14

+9% More89.78%

+5% More88.60%

+6% More88.60%

+7% More84.63%

+7% More89.40%

82.44%

Sale Price to Final List Price Nov ‘14

+1% More92.80%

No Change91.88%

+3% More92.92%

+1%More95.47%

+1% More93.27%

91.90%

Avg. Days to SellAs of 11/31/14

-22% Less222

+1% More236

-10% Less209

-25% Less192

-15%Less215

252

Pending Transactionsat the end of Nov 2014

51(Nov # Sales 68)

40 (Nov # Sales 28)

37 (Nov # Sales 25)

17 (Nov # Sales 54)

145 (Nov # Sales 175)

N/A

Listed Properties As of 11/30/14

-3% Less802

-15% Less492

-13% Less 483

+1% More787

-6% Less2,564

2,734

Avg. “List Price”As of 11/30/14

+27% More$941K

+13% More$716K

+7% More$609K

+2% More$749K

+13% More$776

$684K

Mths of InventoryAs of 11/30/14

-9% Less10

-26% Less11

-15% Less11

No Change12

-13% Less11

13

Number Properties Available Vs. Sold – Keys-Wide Source: Florida Keys MLS

-27%

2,564

3,310

113

175

-23%

+55%

2011 2012 20142013

Coldwell Banker & Offices

Market Share Ranking

Jan-Nov 2014

Key Wide Market Share Jan-Nov 2014Key West to Key Largo (MM 0 - 107)

Lower to Upper Keys Market Share Jan-Nov 2014Lower Keys to Upper Keys (MM 10 - 107)

Middle Keys Market Share Jan-Nov 2014Middle Keys (MM 47 - 67)

Off#

ListedListing % Mkt

# Sales Sides

Sales % Market

$ Volume Sales MM

$ Volume% Mkt.

‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13 ‘14 ‘13

CBSREC 1 187 288 38.1 50.0 343 326 33.5 36.7 $137 $134 33.0 37.3

ACRE-MK 1 76 91 15.4 15.8 166 187 16.2 21.1 $79 $94 19.1 28.3

RE/Max All Keys 1 58 53 11.9 9.2 115 103 11.3 11.6 $31 $31 7.6 9.4

Island Breeze 1 15 31 3.0 5.3 53 35 5.1 3.9 $21 $13 5.2 4.0

Key ColonyBeach

1 21 25 4.2 4.3 47 15 4.6 1.6 $17 $6.0 4.1 1.9

C-21 Schwartz 1 33 32 6.7 5.5 59 37 5.8 4.1 $16 $11.1 3.9 3.3

Lower Keys Market Share Jan-Nov 2014Lower Keys (MM 10 - 47)

Key West Market Share Jan-Nov 2014Key West (MM 0 - 10)

Upper Keys Market Share Jan-Nov 2014Upper Keys (MM 67 - 107)