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Marathon

Why you'd want to live in Marathon

The Florida Keys Market is a unique and diverse market located in the southernmost point of the United States. It is made up of a chain of islands that stretches approximately 120 miles from Key Largo to Key West. The market includes a wide variety of industries, including tourism, fishing, real estate, and retail. The tourism industry is one of the primary drivers of the Florida Keys Market, as the region attracts millions of visitors each year who come to enjoy the beautiful beaches, water sports, and recreational activities. This influx of tourists has also led to the development of a thriving retail industry, with numerous shops, restaurants, and other businesses catering to the needs of vacationers. The fishing industry is another important part of the Florida Keys Market, with a variety of fish and seafood harvested from the surrounding waters. The area is known for its abundance of fresh seafood, which is enjoyed by both locals and visitors. Real estate is also a major industry in the Florida Keys Market, with many people choosing to purchase vacation homes or retire in the region. The market has a range of options for both buyers and renters, including condos, single-family homes, and apartments. Overall, the Florida Keys Market is a vibrant and diverse region that offers a unique mix of industries and attractions. Its location and climate make it an ideal destination for tourists, while its strong economy and growing population make it an attractive place to live and do business. via Google

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Marathon Market Report

$1,715,047

AVERAGE PRICE OF 175 HOMES

$885,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,767,716

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$2,282,355

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$2,176,050

AVERAGE PRICE OF 109 HOMES WITH A POOL

$778,142

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $1,715,047
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $561,354
2 bedrooms $801,625
3 bedrooms $1,327,827
4 bedrooms $2,481,676
5 bedrooms $3,764,250
Marathon Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 172 165 157 148 148
Average Price $1,910,927 $2,051,086 $1,878,621 $1,760,989 $1,797,185
Avg Price Change -7.33% +9.18% +6.68% -2.06% +2.96%
Median Price $1,186,259 $1,206,679 $1,120,535 $1,046,600 $1,076,310
Med Price Change -1.72% +7.69% +7.06% -2.84% +0.74%
Avg Bedrooms 3.05 beds 3.12 beds 3 beds 2.94 beds 3.05 beds
Avg Bathrooms 2.78 baths 2.83 baths 2.75 baths 2.73 baths 2.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 175 $1,715,047 108 days
Distressed Homes 1 $885,000 2 days
Multi-Million Dollar Homes 90 $2,767,716 124 days
Newly Built Homes 33 $2,282,355 146 days
Homes with a Pool 109 $2,176,050 116 days
Reduced Price Homes 7 $778,142 61 days