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August 2022

 

Hello Clients, Family & Friends- 

 Welcome to SUMMER! This month we're bringing you:

  • The most accurate and updated market statistics
    by Neighborhood and Key
  • Featured Listing of the Month
  • Local Events
  • #Goodtoknow Real Estate information

We will continue working hard to keep you up to date and ahead of the market, and always strive to be your #ForeverAgent with the Forever Brand of Berkshire Hathaway.

Berkshire Hathaway HomeServices
Keys Real Estate | Knight & Gardner Realty

Sharkkeyflorida@gmail.com   |   (305)923-0239
www.Sharkkeyflorida@gmail.com

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HERE ARE THE NUMBERS

FLORIDA KEYS MARKET REVIEW

Entering the new year, we continued to see low supply, fewer new listings, mix that with increased demand and that leads to upward pressure on prices.

Click on the "Deep Dive Into" photo for a dive into market trends for all the Florida Keys and then broken down by regions.  Key West to Shark Key, North of Shark Key to Big Pine Key, the Middle Keys including Marathon and Key Colony Beach, and then the Upper Keys.  Interest rates and inventory continue to push the residential real estate market forward. 

As always for the most accurate and updated data trends on your island or for your property, reach out to our #foreveragents today at www.keysrealestate.com

LOCAL NEWS

BEST REAL ESTATE OFFICE!!

2022 BUBBA AWARDS
PEOPLE'S CHOICE AWARDS

"The 9th annual Bubbas brought together the best this island chain has to offer and was further proof that the people make this place what it is. The months of June & July were filled with good-natured competition for global votes.

We received votes from all 50 states, 6 continents, nine European nations and our southernmost ballot came from Burnham, New Zealand..

More than $30,000 was raised for this year's nonprofit - Bahama Village Music Program."  

Article provided by the Keys Weekly Magazine

We appreciate the support and thank you to all that cast your vote for us.
This was our 6th consecutive win for BEST REAL ESTATE OFFICE!
 Congratulations to all the 2022 winners. 

SELECT HERE FOR THE FULL LIST OF WINNERS!

FEATURED PROPERTY OF THE MONTH

PRIVATE ESTATE LOCATED IN THE
HEART OF THE CASA MARINA DISTRICT

710 Washington Street, Key West | $5,299,000

This incredibly private estate located in the heart of Casa Marina district rests on a rare, expansive 15,000sf lot. There are 4 dwellings in total, two main houses, one guest cottage and an additional a/c dwelling that would be a great gym or meditation space. Sit back and relax under the covered veranda or the many private sitting areas located around the property and enjoy the zen like garden while listening to the water feature or the local bird sing. Take a dip in one of the two newly renovated lagoon style heated saltwater pools that connect with a beautiful stone waterfall feature. Once inside the main house you will find a beautiful mahogany kitchen with built in, high end appliances and plenty of space for entertaining. The owners retreat is well equipped with a large bathroom and walk in closet with built-ins. The private office is located in the front of the house and a detached guest pool house at the rear. Just a short walk across the veranda to the 'Red' house, be prepared to be in awe of the eclectic furniture, decor and finishes. The 'Red' house has 3 bedrooms, a kitchen and a stunning wet bar for entertaining. Each of the dwellings are tastefully decorated and have their own style/story to tell. Simply walk around the corner to Louie's Backyard or take a stroll to Duval St. and so much more! Don't miss out on this rare opportunity to own one of the most incredible properties and homes that Key West has to offer. A rare Key West gem awaits you at 710 Washington Street today.

MLS #600902

FEATURED LOCAL EVENT

25th ANNUAL LOBSTERFEST

August 11th - 14th
 

Seafood lovers can chow down on Florida’s clawless lobster during a tasty “feast-ival” that features a savory schedule of events ranging from a traditional lobster boil to a lively street fair starring the sensational crustacean prepared in a variety of ways. The flavorful festivities celebrate the bounty of the Florida Keys lobster season that opens Aug. 6. Famous for its sweet and tender meat, the Keys’ spiny lobster is often served steamed with drawn butter, paired with a seasoned stuffing or cold in savory salads.

Select here for a the schedule of events

HOMEOWNERS, HOMEBUYERS, HOME SELLERS, HOME IMPROVEMENT

SURPRISING FEATURES HOMEBUYERS
WANT IN 2022

Virtual interior designer/home stager Stuccco.com compiled a wish list from numerous online sources that experts say homebuyers want in 2022. Many popular features aren’t what home sellers may think. Before you upgrade your home to sell, consider these top five homebuyer preferences:

  • Laundry rooms 
  • Exterior lighting 
  • Ceiling fans 
  • Patios  
  • Walk-in pantries 

Laundry rooms. Homebuyers don’t want to go down to the basement to do laundry, so make room somewhere on the first floor. Include a built-in table for sorting, room for a steamer and drip-dry area.

Well-lit outdoor living spaces. Homebuyers want exterior lighting (87%), patio (82%) and a front porch (81%), a rear porch (75%) or a deck (75%). Landscape lighting adds a luxurious glow to outdoor spaces as well as an extra element of security.

Ceiling fans. With the sudden rise in energy prices, it’s not surprising that homebuyers want lighting fixtures to do double duty as an air conditioning aid, especially when cooling or heating a larger home.

Walk-in pantries. Homebuyers want to be able to stockpile food and paper goods. They want to open the door to the pantry and see at a glance what’s on hand.

Homebuyers also prefer two-sided kitchen sinks over farmhouse sinks (81%.) They want a full bath in the living area (80%) and kitchens open to the dining room for less formal dining (85%.)  

Homebuyer preferences are changing home design. The National Association of Home Builders reports that new home buyers want bigger homes which now average 2,524 square feet.

LOCAL EVENTS

AUGUST CALENDAR

 
 
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FL Lic #: SL655511
336 Duval St. Key West, FL 33040

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