If you need assistance, please call 305-395-0814

Key West Market Report

$1,976,314

AVERAGE PRICE OF 224 HOMES

$2,484,020

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$3,514,667

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$2,157,517

AVERAGE PRICE OF 155 HOMES WITH A POOL

$1,823,333

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $1,976,314
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $845,159
2 bedrooms $1,157,713
3 bedrooms $1,993,492
4 bedrooms $2,402,400
5 bedrooms $3,944,143
Key West Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 202 165 155 149 161
Average Price $1,987,091 $1,889,076 $1,923,494 $1,879,880 $1,679,861
Avg Price Change +5.19% -1.82% +2.32% +11.91% +4.60%
Median Price $1,565,722 $1,496,086 $1,473,638 $1,326,950 $1,281,383
Med Price Change +4.65% +1.52% +11.05% +3.56% +2.52%
Avg Bedrooms 3 beds 3.07 beds 3.08 beds 3.09 beds 3.06 beds
Avg Bathrooms 2.79 baths 2.81 baths 2.81 baths 2.78 baths 2.63 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 224 $1,976,314 82 days
Multi-Million Dollar Homes 158 $2,484,020 86 days
Newly Built Homes 3 $3,514,667 77 days
Homes with a Pool 155 $2,157,517 80 days
Reduced Price Homes 15 $1,823,333 45 days
Lela Ashkarian 305-395-0814 & Natalie Ardis 305-481-3317
Lela Ashkarian
11050 Overseas Hwy
Marathon, FL 33050
305-395-0814
305-395-0814

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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