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Key West Home Values and Market Report

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Report prepared by Miranda-realgeeks.com
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Market at a glance

Over the last 12 months, homes sold for 95.2% of list price in 267 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $357K Sold · $337K
$3M$2.1M$1.2M$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in May. Last month: 3.

Where the market stands

All homes in this report, by status.

44homes
Active16 · 36%
Under contract3 · 7%
Sold (12 mo)25 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.89M
Under contract$4.09M
Sold$1.03M

Average days on market

Active223 days
Under contract121 days
Sold267 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 16
Average list price $1,889,000
Avg. days on market 223 days
Avg. price per ft² $1,021 Based on 11 of 16 homes
Avg. living area 2,583 ft² Based on 11 of 16 homes
Avg. beds / baths 3.0 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 11 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

735 50 St Gulf, Marathon$1,707
728 Poor House Lane$1,672
508 Grinnell Street$1,266
Address not available$1,182
231 E Shore Drive Unit #Unit 6$1,145
1011 Simonton Street Unit #1$1,124
6 Beach Drive$867

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6 Beach DriveKey West, FL 33040 21460$399,000$86729 days
728 Poor House LaneKey West, FL 33040 321,782$2,980,000$1,67255 days
5031 5th AveKey West, FL 33040 22—$339,000—79 days
1300 Ashby StKey West, FL 33040 ——1,760$1,350,000$76771 days
Address not availableKey West, FL 33040 454,224$4,995,000$1,182103 days
735 50 St Gulf, MarathonKey West, FL 33050 563,219$5,495,000$1,70799 days
2601 S Roosevelt Blvd Unit #103CKey West, FL 33040 321,126$889,000$789100 days
6810 Front Street Unit #B-15 & Slip 22Key West, FL 33040 337,080$875,000$123102 days
701 Simonton StreetKey West, FL 33040 ———$1,850,000—132 days
6810 Front StreetKey West, FL 33040 ———$225,000—152 days
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