Hello Clients, Family & Friends,

We're delighted to extend a warm welcome to our April eNewsletter! With the arrival of spring and the Florida Keys basking in delightful weather, we're excited to bring you the latest updates. Our commitment remains steadfast in keeping you informed and ahead of the market because staying informed is always #goodtoknow. As we step into the vibrant month of April, our dedication remains unchanged in presenting the finest Florida Keys real estate against the backdrop of nature and pristine beaches. Should you have any real estate goals or queries, please feel free to reach out; we're here to support you.

Highlighted this month:

• Precise and current market statistics segmented by Neighborhood
• Our Featured Listing of the Month
• #Goodtoknow Real Estate insights
• Local News & Events

The Florida Keys real estate market is witnessing notable dynamics in the current landscape. Despite experiencing a surge in new listings, surpassing last year's figures by 26%, there's a marked decrease in properties going under contract, with a notable decline of 43%. However, amidst these fluctuations, the market continues to display resilience with a consistent upward trajectory in the average sale price. Keys-wide, the average sale price has reached $1,383,342 showcasing a significant uptick of 19% compared to the previous year. This trend underscores the enduring appeal and desirability of Florida Keys properties, despite the shifting patterns in supply and demand.

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 me, your #foreveragent today at www.keysrealestate.com

Berkshire Hathaway HomeServices Key Real Estate | Knight & Gardner Realty Recognized Among Global Network's Top 50 Companies

Berkshire Hathaway HomeServices Key Real Estate | Knight & Gardner Realty proudly announces its acknowledgment as one of the Top 50 companies in the Berkshire Hathaway HomeServices global network. Garnering the prestigious Berkshire Elite Circle Award, the company secured its position at No. 37, affirming its excellence within the real estate industry.

The recognition was unveiled at a special award ceremony held during Berkshire Hathaway HomeServices' annual Sales Convention in New Orleans, Louisiana. Attended by real estate professionals from around the world, the event served as a platform for networking, education, and celebration of the network's accomplishments.

Berkshire Hathaway HomeServices distinguishes itself as a global real estate brokerage franchise committed to forging a personally connected future through relationship-driven business practices. Anchored by best-in-class leadership, mentorship programs, advanced business tools, and an expansive worldwide network, the company aims to leave a lasting impact through lifelong relationships.

Will Langley, Principal Broker of BHHS Key Real Estate | Knight & Gardner Realty, expressed his enthusiasm, stating, "We are thrilled to be recognized among the best companies of the Berkshire Hathaway HomeServices network. This prestigious award is a testament to our excellent service and outstanding client satisfaction, as well as earning our place as producers in our industry."

For more details about Berkshire Hathaway HomeServices Key Real Estate | Knight & Gardner Realty, please visit keysrealestate.com.

About Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices stands out as the sole global real estate brokerage franchise dedicated to constructing a personally connected future through relationship-oriented business strategies. Bolstered by top-tier leadership, mentorship initiatives, cutting-edge business tools, and an expansive worldwide network, the company is steadfast in its mission to make a lasting impact through enduring relationships.

With approximately 50,000 real estate professionals and over 1,500 offices spanning 4 continents and 13 countries and territories—including the U.S., Canada, Mexico, Europe, the Middle East, The Caribbean, and India—the network amassed over USD$126.9 billion in real estate sales in 2023. As one of the select organizations entrusted to bear the esteemed Berkshire Hathaway name, the network embodies trust, integrity, stability, and longevity in the real estate market.

For more information, please visit www.berkshirehathawayhs.com.

Are you in search of the ideal Truman Annex residence offering privacy, parking, and recently refreshed interiors and exteriors? Look no further than this stunning 4-bedroom home on Admirals Lane, seamlessly nestled among other opulent residences. This charming two-story luxury residence boasts a secluded location at the end of a private cul-de-sac. A picturesque French door gate house marks the entrance at the end of a brick drive. Stepping inside, you'll discover a stunning heated pool with a waterfall, surrounded by lush tropical greenery. The property features wrap-around porches, spacious balconies, and numerous doors and windows that seamlessly merge the indoor and outdoor spaces, creating an ideal island ambiance. The grand 4-bedroom home offers a blend of comfort and elegance, showcasing designer interior finishes, crown moldings, hardwood floors, high ceilings, and a gourmet kitchen. With ample space for entertainment or relaxation, this turnkey property is currently utilized as a vacation rental, with existing bookings in place.

We are delighted to present to you the Berkshire Hathaway HomeServices 2024 Real Estate Report—a detailed insight into the current state of global real estate.

While we’re witnessing a gradual transition towards a more balanced market in some regions, the unique circumstances shaping today’s market underscore the importance of having the most up-to-date information and advice at your disposal, whether you’re considering buying, selling, or just exploring your options in the real estate market.

The report covers a range of crucial topics, including remodeling insights, lessons from lifelong real estate agents, and the impact of generational differences on the real estate market—plus the 5 things both buyers and sellers need to know right now.

This is essential reading for anyone interested in gaining a deeper understanding of today’s global real estate landscape. Click here for the full report.

Underwater and outdoor enthusiasts, ecotravelers and families are encouraged to celebrate the marine environment at Mote’s Ocean Fest: A Community Celebration. Proceeds and donations from the festival support Mote Marine Laboratory’s coral reef restoration and research programs. Join us for Ocean Fest in Key West, Florida, from 10 a.m.–3 p.m. April 20, 2024, in Truman Waterfront Park. 

Mote’s Ocean Fest invites people of all ages to enjoy a fun day of crafts, games, music, food, local brews (for ages 21+) and shopping as we showcase our treasured marine environment while raising money for coral reef research, restoration and conservation. Attendees can explore conservation and environmental exhibits, meet Mote scientists along with other conservation and environmental organizations from around Florida, and learn about the work they are doing and how you can help.

April 1, 2, 8, 9, 15, 16, 22, 23, 29, 30: Glow Hours on Hugh’s View

April 4: 1^st Thursday Open @ Studios of KW

April 4, 11, 18, 25: Truman Waterfront Market

April 5: 1st Fridays on Fleming

April 5 & 19: KW Outdoor Movies @ East Martello

April 7:  Locals Day @ KW Botanical Gardens

April 7, 14 & 28: KW Artisan MKT @ Higgs Beach

April 13: 7 Mile Bridge Run

April 14 & 28: Sheriff’s Animal Farm open

April 18: Walk on White 

April 19 - 28: Conch Republic Independence Celebration (CRIC)

April 19: CRIC Kick-Off Party, Schooner Wharf

April 19: CRIC Raising of the Colors  - Mallory Square

April 20: Conch Crawl Bar Stroll

April 20: CRIC Stock Island Earth Day Clean Up

April 20: CRIC Ocean Fest @ Truman Waterfront

April 20: CRIC Drag Races on Duval

April 20:  KW Botanical Gardens Native Plant Sale

April 20 & 21: BHHS K&G Parade of Homes

April 21: Car Show & Shine-Sugarloaf Lodge – last show for the season

April 21: Michelle’s Willy Wanka’s Chocolate Festival @ Southernmost House

April 21: CRIC Art & Craft Fair on Duval

April 21 & 28: Jazz in the Garden for CRIC

April 22: Conch Republic K-9 Muster

April 23: CRIC Military Muster & Conch Tail Party

April 23: CRIC Independence Day Ceremony

April 24: CRIC Hot Havana Night

April 25: CRIC World’s LOOOOOngest Parade on Duval

April 25: CRIC Parade after Party @ Schooner Wharf

April 26: CRIC Independence Naval Parade

April 26: CRIC Reenactment of the Great Sea Battle

April 26: CRIC Surrender Ceremony & Victory Party

April 27: CRIC Blue Ribbon Bed Races

April 27: Conch Republic Brawl on Duval

April 27: CRIC Pirates’ Ball & Costume Competition, Schooner Wharf

April 28: Tiger in the Woods Golf Tournament

April 28: Schooner Wharf Wrecker’s Cup Race

April 28: Schooner Wharf Awards Party & Ceremony