Reef Quarterly Report Q3 January—September 2013
Condominiums January 1 to September 30 2013 ANGELFISH CAY (1) Number of Sales 4 Days on Market 305 Average Price $273,750 Median Price $290,000 Lowest Price $155,000 Highest Price $360,000 Listed Properties 8
2013 FAIRWAY LAKES (2) Number of Sales 7 Days on Market 521 Average Price $337,357 Median Price $316,500 Lowest Price $300,000 Highest Price $390,000 Listed Properties 11
GOLF VILLAGE Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
2013
ANGELFISH CAY (2) Number of Sales 3 Days on Market 647 Average Price $855,000 Median Price $795,000 Lowest Price $670,000 Highest Price $1,100,000 Listed Properties 13
FAIRWAY LAKES (3) Number of Sales 1 Days on Market 97 Average Price $726,500 Median Price $762,500 Lowest Price $726,500 Highest Price $726,500 Listed Properties 0
HARBOUR GREEN Number of Sales 1 Days on Market 388 Average Price $1,725,000 Median Price $1,725,000 Lowest Price $1,725,000 Highest Price $1,725,000 Listed Properties 3
DOCK SLIPS - MAIN MARINA Number of Sales 7 Days on Market 524 Average Price $614,286 Median Price $440,000 Lowest Price $295,000 Highest Price $1,050,000 Listed Properties 21
FISHERMAN'S COVE Number of Sales 3 Days on Market 409 Average Price $498,333 Median Price $520,000 Lowest Price $450,000 Highest Price $525,000 Listed Properties 4
HARBOUR HOUSE Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
2 38 $130,000 $130,000 $130,000 $130,000 15
3 277 $816,667 $750,000 $725,000 $975,000 6
DOCK SLIPS - GATEHOUSE Number of Sales 2 Days on Market 384 Median Price $162,500 Average Price $162,500 Lowest Price $95,000 Highest Price $230,000 Listed Properties 21 Median: The threshold which divides the real estate market into two equal halves, in reference to pricing. One half of the homes in the market were sold at a price above the median home price, while the other half were sold below that price. Average: The sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com
Condominiums January 1 to September 30 2013
1 96 $1,200,000 $1,200,000 $1,200,000 $1,200,000 0
2013 PUMPKIN CAY (4) Number of Sales 2 Days on Market 405 Average Price $2,125,000 Median Price $2,125,000 Lowest Price $1,750,000 Highest Price $2,500,000 Listed Properties 4
MARINA VILLAGE Number of Sales 7 Days on Market 517 Average Price $1,600,714 Median Price $1,625,000 Lowest Price $1,090,000 Highest Price $2,170,000 Listed Properties 2
PUMPKIN CAY (2) Number of Sales 5 Days on Market 312 Average Price $811,500 Median Price $785,000 Lowest Price $675,000 Highest Price $1,060,000 Listed Properties 11
THE SANCTUARY Number of Sales 1 Days on Market 204 Average Price $1,550,000 Median Price $1,550,000 Lowest Price $1,550,000 Highest Price $1,550,000 Listed Properties 1
THE MOORINGS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
PUMPKIN CAY (3) Number of Sales 3 Days on Market 708 Average Price $1,866,667 Median Price $2,000,000 Lowest Price $1,300,000 Highest Price $2,300,000 Listed Properties 7
STORAGE UNITS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
THE LANDINGS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
2 255 $590,000 $590,000 $550,000 $630,000 1
1 690 $950,000 $950,000 $950,000 $950,000 4
2013 THE PALMS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
Median: The threshold which divides the real estate market into two equal halves, in reference to pricing. One half of the homes in the market were sold at a price above the median home price, while the other half were sold below that price. Average: The sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
1 344 $600,000 $600,000 $600,000 $600,000 0
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com
Single Family Homes January 1 to September 30 2013
2013
DOLPHIN NORTH Number of Sales 11 334 Days on Market Average Price $3,450,000 Median Price $4,300,000 Lowest Price $450,000 $6,000,000 Highest Price 12 Listed Properties
HAMMOCK COURSE Number of Sales 7 447 Days on Market Average Price $1,861,429 Median Price $2,000,000 Lowest Price $1,155,000 $2,450,000 Highest Price 40 Listed Properties
THE CAYS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
3 302 $5,458,333 $5,125,000 $4,250,000 $7,000,000 3
DOLPHIN WEST Number of Sales 6 303 Days on Market Average Price $5,066,667 Median Price $5,025,000 Lowest Price $485,000 $5,025,000 Highest Price 13 Listed Properties
SUNRISE CAY Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
VILLA CAY Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
6 616 $2,193,333 $2,025,000 $850,000 $3,600,000 6
4 604 $3,187,500 $2,900,000 $2,700,000 $4,250,000 11
Median: The threshold which divides the real estate market into two equal halves, in reference to pricing. One half of the homes in the market were sold at a price above the median home price, while the other half were sold below that price. Average: The sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
2013
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com
Vacant Lots January 1 to September 30 2013 DOLPHIN NORTH Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties DOLPHIN WEST Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
0 * 116 $0 $0 $0 $0 3
0 0 $0 $0 $0 $0 0
2013 HAMMOCK COURSE Number of Sales 1 Days on Market 427 Average Price $1,500,000 Median Price $1,500,000 Lowest Price $1,500,000 Highest Price $1,500,000 Listed Properties 9
THE CAYS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
0 0 $0 $0 $0 $0 0
SUNRISE CAY Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
VILLA CAY Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Listed Properties
0 0 $0 $0 $0 $0 0
0 * 552 $0 $0 $0 $0 2
2013
* Due to no sales in this area the Days on Market is displaying for active listings. Median: The threshold which divides the real estate market into two equal halves, in reference to pricing. One half of the homes in the market were sold at a price above the median home price, while the other half were sold below that price. Average: The sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com
Listings As of October 17, 2013 CONDOMINIUMS Angelfish Cay (1) 8 Angelfish Cay (2) 12 Angelfish Cay (3) 3 Anglers Club: Cottages Att-2 story 1 Cottages Free Stnd-1 story 1 Cottages Free Stnd-2 story 1 Cottages Free Stnd-2 story 2 Cay Harbor 13 Creek House 1 Fairway Lakes 11 Fisherman's Cove 4 Golf Manor 3 Golf Village (1) 12 Golf Village (2) 3 Harbor Links 2 Harbour Green (3) 1 Harbour Green (4) 2 Harbour House (3) 4 Harbour House (4) 2 The Landings 1 Marina Village 2 The Moorings 4 Pumpkin Cay (2) 11 Pumpkin Cay (3) 7 Pumpkin Cay (4) 4 Pumpkin Cay Garden Home 1 The Sanctuary 1 Yachtsmans Inn 7 Dock Slips Gatehouse 2 Dock Slips Main Marina 17 Total: 143
SINGLE FAMILY HOMES Dolphin North 12 Dolphin West 12 Hammock Course 40 Key Largo Anglers 1 Sunrise Cay 11 The Cays 4 Villa Cay 6 Total: 86
COMMERCIAL Commercial
2
OTHER Other 2 (outside Ocean Reef or Anglers) Total: 4
Total All Ocean Reef/Anglers: 247 VACANT LOTS Dolphin North Hammock Course Sunrise Cay Total:
Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
3 9 2 14
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com
Other Information January 1 to September 30 2013 ALL CLS Number of Sales Days on Market Average Price Median Price Lowest Price Highest Price Total Listed Properties
98 356 $1,808,193 $1,060,000 $130,000 $15,000,000 $177,203,000 247
Median: The threshold which divides the real estate market into two equal halves, in reference to pricing. One half of the homes in the market were sold at a price above the median home price, while the other half were sold below that price. Average: The sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Listed Properties: Represents the number of available properties as of September 30. Statistics based on residential properties reported as closed January 1 to September 30 on Central Listing Service at Ocean Reef (PLS). Information Deemed Reliable But Not Guaranteed © 2013 Central Listing Service at Ocean Reef, Inc.
Central Listing Service at Ocean Reef, Inc. 31 Ocean Reef Drive, # 305 Key Largo, FL 33037-5282 Phone: 305.367.8972 ● Fax: 305.432.4460 cls@clsor.com ● www.clsor.com