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.

This charming 1896 Conch house nestled within the lushly landscaped grounds of the Meadows in Old Town Key West offers a unique blend of character and modern comfort. Lovingly maintained on a private 5860 square foot corner lot, this restored beauty boasts authentic Dade County pine walls, tall ceilings adorned with crown moldings, and a spacious dining room that beckons for gatherings. The heart of the home, is a renovated kitchen designed by Tom Pope, exudes both warmth and functionality. Equipped with top-of-the-line appliances and ample cabinet space, it promises to delight even the most discerning chef. Adjacent to the kitchen lies an inviting open-air Florida room, providing the perfect setting to savor the tropical breeze. Step outside, and you'll discover an extensive outdoor oasis designed for relaxation and entertainment. Encircled by vibrant landscaping, a sparkling saltwater pool takes center stage, embraced by Trex decking and lounging areas ideal for hosting gatherings or simply unwinding in solitude. With its timeless charm, modern amenities, and secluded ambiance, this home offers a sanctuary where every moment feels like a retreat in paradise. Also, features parking spot for your vehicle.

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 2nd-6th:

• Murder on the Orient Express at the Waterfront Playhouse

April 2nd:

• Dinosaur World, Live at the Tennessee Williams Theatre

April 4th:

• April Exhibitions at the Studios

April 5th:

• James Kirby
• The Papers, A Musical

April 5th-7th:

• Spanish Fly 1st Annual Shark Tournament

April 6th:

• 5th Annual Cornhole Tournament
• Wesley House Black Tie Benefit

April 6th & 7th:

• Key West Island Market

April 7th:

• Family Museum Day at East Martello Fort & Museum

April 9th-13th:

• The Lifespan of a Fact Play at the Red Barn Theatre

April 11th-13th:

• Key West Sailfish Tournament

April 12th:

• Truman Music Series - The Heartstarters

April 13th:

• 7-Mile Bridge Run
• Reefs & Rhythms

April 18th:

• Chamber of Commerce's Business After Hours

April 19th-28th:

• Conch Republic Days

April 20th:

• 26th Annual Earth Day 5k

April 20th & 21st:

• BHHS Parade of Homes Weekend

April 22nd:

• Happy Earth Day!

April 28th:

• The Price Is Right Live!

April 4th, 11th, 18th, 25th:

• Truman Waterfront Market

April 7th, 14th, 21st, 28th

• Key West Artisan Market

April 14th, 28th:

• Sheriff’s Animal Farm Open