Unlocking Investment Potential in the Florida Keys
The Florida Keys real estate market is a goldmine for investors, and as the leading Coldwell Banker Schmitt agent with 28 years of experience, I’m here to help you capitalize on it. From vacation homes to commercial properties, the Keys offer diverse opportunities. Let’s explore why 2025 is the year to invest.
A Resilient Market with Growth Potential
Despite a 35% drop in residential sales from 2021 peaks, the Florida Keys market remains strong, with median prices in the Lower Keys reaching $1.275M in November 2024, up 27.5% year-over-year. Limited land and high demand ensure long-term appreciation, making properties a smart investment. New developments with amenities like private docks and clubhouses add value.
Why Work with Me?
With a remarkable $390 million in sales volume, I bring a wealth of experience and market insight to every investment opportunity. Backed by Coldwell Banker Schmitt’s #1 ranking since 20 ...

Florida Keys Real Estate Market Report – March 2025

Market Overview

The first quarter of 2025 revealed notable changes in the Florida Keys real estate market. Below is a concise summary of key trends and statistics compared to March 2024.

Key Metrics

Number of Sales



Overall: Down 3% from Q1 2024.




Upper Keys: Decreased by 7.8%.




Middle Keys: Dropped 16.8%.




Key West: Fell 4.6%.




Lower Keys: Increased by 19.5%.



Average Sale Price



Keys-Wide: $1,073,416, a 10.2% decrease from last year.




Key West: Strongest performer at ~$1.25 million.



Sale Price to Original List Price



Homes sold for ~90% of the original asking price, consistent with 2024.



Average Price Reduction



Keys-Wide: Sellers reduced prices by 4.1% on average.




Middle Keys: Highest reductions at 5.2%.



Days on Market



Average: 98 days, up from 83 days in March 2024.



Number of Listings



Overall: t ...