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Key West Market Report

$2,035,246

AVERAGE PRICE OF 349 HOMES

$999,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,612,483

AVERAGE PRICE OF 240 MULTI-MILLION DOLLAR HOMES

$3,090,333

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$2,264,363

AVERAGE PRICE OF 235 HOMES WITH A POOL

$1,462,300

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $2,035,246
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

1 bedroom $802,191
2 bedrooms $1,113,928
3 bedrooms $1,961,279
4 bedrooms $2,819,616
5 bedrooms $3,914,333
Key West Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 354 380 378 354 327
Average Price $2,071,939 $2,064,170 $2,058,538 $2,064,828 $2,107,370
Avg Price Change +0.38% +0.27% -0.31% -2.06% +5.32%
Median Price $1,505,182 $1,514,190 $1,489,856 $1,500,426 $1,550,000
Med Price Change -0.60% +1.63% -0.71% -3.30% +7.56%
Avg Bedrooms 3.05 beds 3.05 beds 3.03 beds 3.05 beds 3.09 beds
Avg Bathrooms 2.87 baths 2.89 baths 2.86 baths 2.85 baths 2.89 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 349 $2,035,246 123 days
Distressed Homes 1 $999,000 178 days
Multi-Million Dollar Homes 240 $2,612,483 132 days
Newly Built Homes 9 $3,090,333 154 days
Homes with a Pool 235 $2,264,363 127 days
Reduced Price Homes 20 $1,462,300 64 days