Wednesday, September 23, 2026 / by Lela Ashkarian
Florida Keys Real Estate Update: What’s Changing in the Market and Homestead Planning
The Florida Keys real estate market is showing renewed activity, and whether you are thinking about buying, selling, investing, or simply keeping an eye on the value of your property, there are several encouraging trends worth knowing.
From January through August 2026, Florida Keys sales increased 11.4% compared with the same period last year, with 1,735 properties sold. Total dollar volume rose approximately 22.5% to more than $2 billion, while the average sale price increased to approximately $1.19 million.
We are also seeing fewer properties competing for buyers. Keys-wide inventory declined about 10.7%, while months of inventory dropped from 10.7 months to approximately 8.6 months.
Pending transactions also increased, another indication that buyers are actively making decisions.
What Does This Mean for Buyers?
There are opportunities, but this is not a market where every property should be approached the same way.
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