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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

$1,879,302

AVERAGE PRICE OF 152 HOMES

$2,999,653

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$2,360,362

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$2,404,387

AVERAGE PRICE OF 95 HOMES WITH A POOL

$1,551,200

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $1,879,302
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $716,715
2 bedrooms $856,755
3 bedrooms $1,592,912
4 bedrooms $2,549,572
5 bedrooms $3,913,294
Marathon Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 148 148 149 142 131
Average Price $1,760,989 $1,797,185 $1,745,504 $1,870,712 $1,948,506
Avg Price Change -2.06% +2.96% -7.17% -4.16% +3.02%
Median Price $1,046,600 $1,076,310 $1,068,431 $1,049,259 $1,000,181
Med Price Change -2.84% +0.74% +1.83% +4.91% -0.30%
Avg Bedrooms 2.94 beds 3.05 beds 3.13 beds 3.2 beds 3.24 beds
Avg Bathrooms 2.73 baths 2.82 baths 2.85 baths 2.94 baths 2.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 152 $1,879,302 91 days
Multi-Million Dollar Homes 81 $2,999,653 98 days
Newly Built Homes 26 $2,360,362 104 days
Homes with a Pool 95 $2,404,387 88 days
Reduced Price Homes 5 $1,551,200 66 days