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Key West Market Report

$2,128,523

AVERAGE PRICE OF 230 HOMES

$2,624,299

AVERAGE PRICE OF 170 MULTI-MILLION DOLLAR HOMES

$3,426,667

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$2,254,835

AVERAGE PRICE OF 159 HOMES WITH A POOL

$1,600,262

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $2,128,523
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.86 baths

Average Price by Bedrooms

1 bedroom $768,822
2 bedrooms $1,077,636
3 bedrooms $2,096,544
4 bedrooms $2,591,061
5 bedrooms $4,113,765
Key West Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 236 230 202 165 155
Average Price $2,076,168 $1,960,384 $1,987,091 $1,889,076 $1,923,494
Avg Price Change +5.91% -1.36% +5.19% -1.82% +2.32%
Median Price $1,577,332 $1,534,932 $1,565,722 $1,496,086 $1,473,638
Med Price Change +2.76% -2.01% +4.65% +1.52% +11.05%
Avg Bedrooms 3.07 beds 3 beds 3 beds 3.07 beds 3.08 beds
Avg Bathrooms 2.83 baths 2.75 baths 2.79 baths 2.81 baths 2.81 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 230 $2,128,523 90 days
Multi-Million Dollar Homes 170 $2,624,299 92 days
Newly Built Homes 3 $3,426,667 133 days
Homes with a Pool 159 $2,254,835 89 days
Reduced Price Homes 13 $1,600,262 102 days

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