Thursday, January 15, 2009

Keys Sales Stats for December 2008 interesting numbers for December. The main thing that I see is the degree that Sellers are reducing their prices. You will see a running constant of sever price cutting for both Waterfront and Non-Waterfront properties. We are still in the thick of a deep Buyers Market...but....the tide may be turning. It will be a very slow tide, but I believe that the last quarter of 2008 will be seen as the "bottoming out" point for real estate prices.
I have been counseling my Buyers that Now is the time to act and capitalize on the opportunities that are out there.

To view the charts larger, right click on the chart as choose Save Picture As, and download it into your browser where you can view it larger.

There were no Non-Waterfront Single Family Home Sales in the month of December.
Please see my statistics posts from mid-December to see yearlong numbers.
Call me at 305.439.7730 for more information on insightful Buying opportunities in the Keys.

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