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 ...

Why the Florida Keys Luxury Market is Your Next Investment
The Florida Keys luxury real estate market (homes over $1.3M) is a beacon for high-net-worth buyers, and as the #1 agent at Coldwell Banker Schmitt, I’m here to guide you through this exclusive opportunity. With 28 years of experience, I’ve helped clients secure some of the most coveted properties in the Keys. Here’s why the luxury market is heating up in 2025.
Luxury Market Trends
Coldwell Banker Schmitt dominates the luxury segment, selling 50% more properties over $1.3M than the #2 company in 2022. Despite a 28.6% drop in luxury sales in Q1 2023, the market is normalizing, with average sale prices down only 5% compared to the overall market’s 1%. Inventories of unsold luxury homes rose 65%, offering more choices for discerning buyers.
This normalization signals a buyer’s market for luxury properties, where strategic offers can secure exceptional value. For sellers, my expertise in Coldwell B ...

Florida Keys Real Estate Market Report – March 2025

Market Overview

The first quarter of 2025 revealed notable changes in the Florida Keys real estate market. Below is a concise summary of key trends and statistics compared to March 2024.

Key Metrics

Number of Sales



Overall: Down 3% from Q1 2024.




Upper Keys: Decreased by 7.8%.




Middle Keys: Dropped 16.8%.




Key West: Fell 4.6%.




Lower Keys: Increased by 19.5%.



Average Sale Price



Keys-Wide: $1,073,416, a 10.2% decrease from last year.




Key West: Strongest performer at ~$1.25 million.



Sale Price to Original List Price



Homes sold for ~90% of the original asking price, consistent with 2024.



Average Price Reduction



Keys-Wide: Sellers reduced prices by 4.1% on average.




Middle Keys: Highest reductions at 5.2%.



Days on Market



Average: 98 days, up from 83 days in March 2024.



Number of Listings



Overall: t ...