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Key West Market Report

$1,998,535

AVERAGE PRICE OF 180 HOMES

$2,566,659

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$2,963,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$2,197,255

AVERAGE PRICE OF 120 HOMES WITH A POOL

$953,998

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,998,535
Avg Bedrooms 3.04 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $687,615
2 bedrooms $1,160,048
3 bedrooms $2,006,650
4 bedrooms $2,527,797
5 bedrooms $3,915,616
Key West Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 197 206 226 232 234
Average Price $1,993,257 $1,947,766 $1,991,983 $2,057,055 $2,108,969
Avg Price Change +2.34% -2.27% -3.27% -2.52% +1.58%
Median Price $1,526,259 $1,453,643 $1,482,483 $1,487,914 $1,585,879
Med Price Change +5.00% -1.98% -0.37% -6.58% +0.54%
Avg Bedrooms 2.99 beds 2.96 beds 3.05 beds 3.08 beds 3.1 beds
Avg Bathrooms 2.84 baths 2.76 baths 2.79 baths 2.84 baths 2.87 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 180 $1,998,535 120 days
Multi-Million Dollar Homes 124 $2,566,659 133 days
Newly Built Homes 4 $2,963,500 197 days
Homes with a Pool 120 $2,197,255 132 days
Reduced Price Homes 3 $953,998 51 days