If you need assistance, please call 305-395-0814

Key West Market Report

$2,048,111

AVERAGE PRICE OF 368 HOMES

$826,300

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,607,158

AVERAGE PRICE OF 258 MULTI-MILLION DOLLAR HOMES

$3,521,875

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$2,260,714

AVERAGE PRICE OF 259 HOMES WITH A POOL

$1,665,707

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $2,048,111
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

1 bedroom $833,741
2 bedrooms $1,139,920
3 bedrooms $1,926,211
4 bedrooms $2,968,539
5 bedrooms $4,395,880
Key West Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings n/a 327 275 250 197
Average Price n/a $2,107,370 $2,000,888 $2,004,156 $1,963,368
Avg Price Change n/a +5.32% -0.16% +2.08% -0.15%
Median Price n/a $1,550,000 $1,441,025 $1,482,845 $1,447,328
Med Price Change n/a +7.56% -2.90% +2.45% -3.25%
Avg Bedrooms n/a 3.09 beds 2.98 beds 2.99 beds 2.95 beds
Avg Bathrooms n/a 2.89 baths 2.82 baths 2.85 baths 2.8 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 368 $2,048,111 100 days
Distressed Homes 2 $826,300 39 days
Multi-Million Dollar Homes 258 $2,607,158 108 days
Newly Built Homes 8 $3,521,875 163 days
Homes with a Pool 259 $2,260,714 103 days
Reduced Price Homes 25 $1,665,707 93 days