There were 34 homes sold this past year, identical to 34 in 2008, 32 in 2007 and 18 in 2006. The annual sales volume was $32,000,000 compared to $46,000,000 in 2008 and $75,000,000 in 2007. The main reason for the significant decrease in the sales volume is that there has only been one sale of a substantial bay front home this year. Homes sold on average for 76% of list price compared to 80% in 2008. The average days to contract are down from 200 in 2008 to 181 days. Twenty three of this years closed sales were garden homes as opposed to the more expensive waterfront homes. The average sale price for a bay front home has declined 40% from the sold price in 2008 and 2007 while the average sold price for a canal front home has decreased only 10% and a garden home’s average price has decreased 29%. Bay front homes sold for an average of $558 per square foot, canal front homes for $326 and garden homes $249.

Beginning in 2010 there are 39 active listings available on Bird Key, identical to the beginning of 2009 with prices ranging from $539,900 to $9,490,000. There are 8 pending sales to start the year.

Bird Key 2009 Year End Sales Statistics

2009 2008 2007 2006
Homes Sold Total 34 34 32 18
Homes Sold Bay Front 5 4 11 5
Homes Sold Canal Front 6 9 9 3
Homes Sold Garden 23 21 12 10
Sales Volume Total $32.0m $46.1m $75.3m $31.8m
Price Range Bay Front $4.75-1.3m $6.9-2.8m $7.7-2.4m $3.99-2.15m
Price Range Canal Front $1.25-894k $2.2m-$876k $2.7-910k $2.85-1.85m
Price Range Garden $845-400k $1.7m-432k $1.795m-500k $1.75m-747k
Bay Home Average $2,445,000 $4,050,000 $4,228,409 $2,978,000
Canal Home Average $1,254,800 $1,400,111 $1,887,777 $2,191,666
Garden Home Average $587,513 $825,214 $982,750 $1,030,242
Days To Contract 181 200 200 173

Bird Key 2009 Sales

552 S. Spoonbill Drive $4,750,000 May
227 Robin Drive $2,450,000 November
445 Meadow Lark Drive $2,225,000 December
207 Robin Drive $1,500,000 June
586 S. Spoonbill Drive $1,300,000 July
454 Partridge Circle $1,250,000 December
524 N. Spoonbill Drive $1,150,000 May
635 N Owl Drive $1,050,000 December
524 N. Spoonbill Drive $1,025,000 March
662 Mourning Dove Drive $905,000 November
118 Seagull Lane $894,000 December
404 Partridge Circle $845,000 May
450 E. Royal Flamingo Drive $842,500 April
274 Robin Drive $799,000 November
221 Bird Key Drive $720,000 June
499 Partridge Circle $660,000 March
323 Bob White Way $655,000 April
531 N. Spoonbill Drive $650,000 August
546 Bird Key Drive $625,000 May
619 Owl Way $587,500 October
628 N Owl Drive $585,900 November
435 Partridge Circle $565,000 January
336 Bob White Way $565,000 November
336 Bob White Way $565,000 July
516 Spoonbill Way $520,000 March
573 Bird Key Drive $518,000 August
430 Bird Key Drive $515,000 March
420 Wood Duck Drive $500,000 March
618 Owl Way $500,000 September
476 E Royal Flamingo Drive $500,000 October
518 Bird Key Drive $480,000 January
268 Robin Drive $475,000 November
649 S. Owl Drive $439,900 July
238 Robin Drive $400,000 July
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