Islamorada Key Real Estate Trends
The Floridant/10250755

Home prices continue to rise in Islamorada & the area remains a popular destination for vacation homeowners & investors. Recently, there has been an increase in luxury homes & condos being built, catering to the high-end market.

ISLAMORADA, Fla. - Floridant -- Per Jan Keller, Top Producing Real Estate Agent for Coldwell Banker Schmitt Real Estate, and owner of "Everything about Real Estate in Islamorada and the Upper FL Keys."

The coronavirus pandemic has had a limited impact on the real estate market in Islamorada, as the area continues to attract buyers seeking a natural and scenic getaway. However, there has been a shift in the type of properties sold, with an increase in demand for single-family homes with outdoor living spaces and private amenities, such as pools and docks. Also, the demand for waterfront properties, with access to the Atlantic Ocean and the Gulf of Mexico, remains strong.

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The inventory of homes for sale in Islamorada remains low, leading to a competitive and fast-paced market. This trend will continue as more people seek to move to this tropical paradise.

Notably, there has been an increase in demand for vacation rental properties in Islamorada, as travelers look for alternative accommodations to hotels. Investors who purchase rental properties can expect a solid rental market.

Overall, the real estate market in Islamorada is expected to continue its upward trend, with steady demand for properties and rising prices. With its beautiful beaches, world-class fishing, and laid-back island lifestyle, Islamorada will likely remain a top destination for those looking to invest in Florida real estate.

For More Information About Islamorada Luxury Homes For Sale In The Upper Florida Keys.
Please See  Or Call  305-664-7069

Jan Keller 

Source: Coldwell Banker Schmitt Real Estate
Filed Under: Real Estate

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