Florida Keys Real Estate Market Update: Changes Expected in 2025

The Florida Keys real estate market is shifting, and both buyers and sellers need to stay flexible to succeed. Inventory is rising, with more homes for sale than before, especially in areas like the Lower Keys, where listings grew over 22% recently. This means sellers face more competition and must price their homes realistically to attract buyers. On the other hand, buyers have more choices and better opportunities to negotiate, especially with prices dropping by around 10% on average across the Keys.
Timing and pricing are more important than ever. Homes priced right tend to sell faster-even though the overall market is slower and homes are staying on the market longer than before. Working with a local expert who understands the unique Florida Keys market can help you navigate these changes effectively. They can provide up-to-date data, strategic pricing advice, and marketing support to make sure sellers get the bes ...

Market Overview: What’s Happening in the Florida Keys

Based on the latest data from January through April 2025, the Florida Keys real estate market continues to demonstrate its unique position as one of America’s most desirable coastal destinations. The market shows healthy activity with new listings coming online across the Keys, while maintaining a balanced inventory of active properties as of April 30, 2025.

The Florida Keys market remains attractive due to its limited land availability, strict development regulations, and the perpetual appeal of its tropical lifestyle. This combination creates a natural scarcity that helps maintain property values even as other markets may fluctuate.

Why This Is an Excellent Time to Buy in the Florida Keys

1. Stable Investment Potential: Florida Keys properties historically retain their value well due to the limited supply and consistent demand for this unique paradise.

2. Lifestyle Benefits: Purchasing now means immedi. ...

Work is love made visible." – Kahlil Gibran
When we work with love, we are not just completing tasks — we are weaving our spirit into everything we do. True work is an offering, a way to serve, connect, and bring meaning into the world.
Work without love may fill our time, but empty our hearts. Let’s strive to make everything we touch a reflection of the love and passion within us. 

  A Dream Come True in Paradise!

"Work is love made visible." – Kahlil Gibran
When we work with love, we are not just completing tasks — we are weaving our spirit into everything we do. True work is an offering, a way to serve, to connect, and to bring meaning into the world.
Work without love may fill our time, but it leaves our hearts empty. Let’s strive to make everything we touch a reflection of the love and passion within us. ??
#KahlilGibran #WorkWithLove #Purpose #Inspiration #TheProphet
I am thrilled to share the heartwarming journey of Luc and Suze, who have just achieved the milestone of becoming first-time homeowners in the beautiful Marathon, Florida. Guiding them through this process was not just a professional endeavor but a personal mission filled with patience, perseverance, and profound joy.
Overcoming Challenges with Determination
From the outset, Luc and Suze faced significant hurdles, particularly concerning their credit. Reco ...

Navigating the Florida Keys Real Estate Market in 2025
As the top-selling real estate agent in the Florida Keys with 28 years of experience at Coldwell Banker Schmitt, I’ve seen the market evolve through booms, corrections, and everything in between. The 2025 Florida Keys real estate market is dynamic, offering opportunities for buyers and sellers who act strategically. Here’s what you need to know to make informed decisions, backed by the latest data from Coldwell Banker Schmitt.
A Market of Paradoxes
The Florida Keys market in 2023 showed resilience despite a correction, with the third-highest dollar volume of sales in history, yet the lowest number of sales in a decade. This paradox highlights a market adjusting after the peak of 2021-2022, with high average sale prices ($671,703 in 2020, up 7.8% from 2019) and low inventory (1,871 properties in 2020, the third-lowest on record).
For sellers, this means pricing strategically to attract serious buyers in a competitive ...