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Key West Market Report

$1,479,000

AVERAGE PRICE OF 204 HOMES

$3,900,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,308,755

AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

$3,893,557

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$1,748,342

AVERAGE PRICE OF 119 HOMES WITH A POOL

$2,013,667

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,479,000
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $528,750
2 bedrooms $959,942
3 bedrooms $1,355,693
4 bedrooms $2,097,330
5 bedrooms $2,953,093
Key West Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 201 197 211 243 228
Average Price $1,418,248 $1,395,881 $1,366,280 $1,334,584 $1,388,089
Avg Price Change +1.60% +2.17% +2.37% -4.01% -3.65%
Median Price $958,130 $952,886 $942,724 $941,586 $961,440
Med Price Change +0.55% +1.08% +0.12% -2.11% -2.14%
Avg Bedrooms 2.95 beds 2.99 beds 2.93 beds 2.99 beds 3.02 beds
Avg Bathrooms 2.74 baths 2.75 baths 2.69 baths 2.7 baths 2.77 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 204 $1,479,000 107 days
Distressed Homes 1 $3,900,000 613 days
Multi-Million Dollar Homes 101 $2,308,755 109 days
Newly Built Homes 7 $3,893,557 86 days
Homes with a Pool 119 $1,748,342 117 days
Reduced Price Homes 6 $2,013,667 95 days

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