Sean Farrer, a top Key West Florida REALTORŪ, says that 2012 saw a continuation of a trend toward rising prices on Old Town Key West homes.
South Florida tourism is boosting Old Town Key West and Keys West area real estate market
Online PR News – 28-September-2012 – KEY WEST, Fla. – Key West, Fla. - Sean Farrer, one of Key West Florida's top real estate agents, says that 2012 saw a continuation of a trend toward increasing prices for Old Town Key West properties.
According to Farrer, prices in Old Town have increased on average 1.8% between 2011 and 2012. He says that in a national real estate market where prices are generally easing, this illustrates that not all markets are alike.
"Key West is really as unique a real estate market as it is a unique destination for tourism. We have a thriving based of domestic and international seasonal residents, and many of those decide to live here year-round ever a couple of seasons."
Farrer says that demand is usually highest for waterfront properties and Old Town Key West homes for sale.
“With over 150 active listings currently, there are some wonderful Old Town homes available in the $300-500,000 price range. Luxury Old Town homes currently range from $1 million to $9.6 million.”
"Old Town Key West is a very charming place to live. It's very easy to get to know your neighbors, because you literally see them everyday in the local pub, or the grocery store, or on the beach."
He says it's fun to see new residents who have never experienced a friendly small town atmosphere like Key West adjust to laid back island culture of the community.
He notes that although home prices have risen in the past year, they are still very reasonable, with prices generally starting at the $200,000 price point.
"With over 150 active listings currently, there are some wonderful Old Town homes available in the $300-500,000 price range. Luxury Old Town homes currently range from $1 million to $9.6 million."
About Sean Farrer, P.A.
Sean Farrer is an expert in the Key West real estate market, covering Old Town Key West foreclosures, Key Haven, Stock Island, Boca Chica Key Homes, Big Coppitt Key Homes, Bay Point, Sugarloaf Key, Cudjoe Key, Ramrod Key, Summerland Key, Little Torch Key and Big Pine Key.
Originally from South Africa, Farrer moved to the Florida Keys over 13 years ago. He enjoys helping folks who are looking for a dream home and an island lifestyle to find both in the beautiful Key West area. With previous careers in management and IT services, he is very organized with a dedication to customer service that shows in his work with Key West real estate buyers and sellers.
A buyer's time spent with Sean looking for Key West homes will be fun and productive, and he provides a wealth of insight on the best neighborhoods for price and lifestyle, regardless of age or income bracket. Farrer is an expert at helping out of town visitors buy a second home in Key West.
1201 #101 White St
Key West, FL 33040