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Key West Market Trends

Today, December 6, 2009

Median Sales Price in Key West

Embed Info
1 yr 5 yr Max
Key West median sales prices
Number of sold homes in Key West
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$253,000-27.6%$182,000$349,500$542,000
3 bedrooms$750,000+46.5%$300,000$512,000$700,000
4 bedrooms-----
All properties$288,000-23.0%$338,500$374,000$560,000
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Key West Summary

The median sales price for homes in Key West FL for Aug 09 to Oct 09 was $288,000. This represents a decline of 14.9%, or $50,500, compared to the prior quarter and a decrease of 23% compared to the prior year. Sales prices have depreciated 48.6% over the last 5 years in Key West.

The average listing price for Key West homes for sale on Trulia was $915,745 for the week ending Nov 25, which represents a decline of 1.8%, or $16,786, compared to the prior week and an increase of 2.6%, or $22,905, compared to the week ending Nov 04. Average price per square foot for Key West FL was $299, a decrease of 19.6% compared to the same period last year.

 

Average Listing Price in Key West

Embed Info
1 yr 5 yr Max
Key West average property price
Key West – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$367,205+2.2%$359,440$359,155$361,185
2 bedrooms$530,448+3.8%$511,203$506,594$496,270
3 bedrooms$943,350+3.8%$908,952$925,190$808,177
4 bedrooms$1,241,483+2.3%$1,213,814$1,233,167$1,201,339
All properties$915,745-1.8%$932,531$934,853$892,840
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Average Price Per Sqft for Homes in Key West

Embed Info
1 yr 5 yr Max
Key West average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$228-18.3%$247$279$494
3 bedrooms$329-11.6%$210$372$432
4 bedrooms-----
All properties$299-19.6%$324$372$469
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Homes for Sale in Key West

1401 Olivia Street, Key West FL
1401 Olivia…
$1,200,000
4 br  4 ba
1508 Duncombe Street, Key West FL
1508 Dunco…
$314,000
3 br  2 ba
8 Nassau Lane, Key West FL
8 Nassau Ln…
$1,995,000
3 br  3 ½ ba
109 Front Street, Key West FL
109 Front…
$995,000
2 br  2 ½ ba
49 Seaside South Court, Key West FL
49 Seaside…
$799,000
4 br  4 ba
720 Passover Lane, Key West FL
720 Passov…
$595,000
2 br  1 ba
View all Key West Homes for Sale
 
Stats & Trends
Key West

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 33040
  • 33041
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Nearby Cities

Cities
Median
sales price
Average
listing price
Stock Island
$237,500
$431,116
Summerland Key
$315,000
$994,879
Sugarloaf Key
$225,000
$1,058,336
Ramrod Key
$370,000
$555,319
Little Torch Key
$280,000
$564,616
Cudjoe Key
$610,000
$773,550
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Advice

Recent Q&A in Key West, FL

Q: What are the "bad" neighborhoods of Key West? 6 answers
Q: I am from Canada and I have little money- where in Florida is a good place to invest for future appreciation. I love the Floriday Keys, and Key West. 4 answers
Q: I was not informed that the house I am renting is in a short sale. Does this make my lease void? I want to confront my landlord, because I agreed to 3 answers
Q: hi...Is it a good time to buy a condo in Key West? 2 answers
Q: What is better for the lenders? A short-sale or a foreclosure? 1 answer

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More Advice:
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  • Find a real estate professional Key West, FL

Nearby Cities Real Estate

  • Stock Island Real Estate
  • Summerland Key Real Estate
  • Sugarloaf Key Real Estate
  • Sugarloaf Real Estate
  • Ramrod Key Real Estate
  • Middle Torch Key Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Stock Island Home Prices
  • Summerland Key Home Prices
  • Sugarloaf Key Home Prices
  • Sugarloaf Home Prices
  • Ramrod Key Home Prices
  • Middle Torch Key Home Prices

Key West Stats & Trends

  • Key West Real Estate Overview
  • Key West Schools
  • Key West Community Info
  • Key West Home Prices
  • Key West Real Estate
  • Key West Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Key West real estate market. Find Key West properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Key West average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Key West housing statistics are available for each Key West, FL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.