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Key West Market Report

$1,993,205

AVERAGE PRICE OF 381 HOMES

$799,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,453,551

AVERAGE PRICE OF 277 MULTI-MILLION DOLLAR HOMES

$3,608,572

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$2,259,248

AVERAGE PRICE OF 256 HOMES WITH A POOL

$2,595,550

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $1,993,205
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.86 baths

Average Price by Bedrooms

1 bedroom $776,875
2 bedrooms $1,230,965
3 bedrooms $1,846,313
4 bedrooms $2,463,403
5 bedrooms $4,473,072
Key West Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 348 314 285 289 317
Average Price $2,004,808 $2,020,201 $2,000,601 $1,984,674 $1,967,008
Avg Price Change -0.77% +0.98% +0.80% +0.90% -0.82%
Median Price $1,564,167 $1,567,672 $1,563,104 $1,512,741 $1,498,692
Med Price Change -0.22% +0.29% +3.33% +0.94% +0.04%
Avg Bedrooms 3.24 beds 3.27 beds 3.26 beds 3.18 beds 3.12 beds
Avg Bathrooms 2.9 baths 2.94 baths 2.94 baths 2.91 baths 2.85 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 381 $1,993,205 109 days
Distressed Homes 1 $799,900 106 days
Multi-Million Dollar Homes 277 $2,453,551 112 days
Newly Built Homes 7 $3,608,572 173 days
Homes with a Pool 256 $2,259,248 111 days
Reduced Price Homes 20 $2,595,550 86 days

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