In the first of half of 2023, the average sale price of homes in Key West increased by 10%, however, the overall number of transactions closed decreased by 58%. Click the link below to see the entire real estate market update for Key West and learn how TEAMKAUFELT is continuing... to excel in an ever changing Key West real estate market.
Key West Real Estate 3-Year Market Comparison:
| 2023 | 2022 | 2021 | |
| NUMBER OF SALES | Â 214 | Â 365 | Â 501 |
| AVG. LISTING PRICE | Â $1,572,454 | Â $1,419,973 | Â $1,183,492 |
| AVG. SOLD PRICE | Â $1,450,582 | Â $1,320,309 | Â $1,122,302 |
| DAYS ON MARKET | Â 53 | Â 44 | Â 82 |
| AVG. LISTING PRICE/SF | $1,058 | $922 | $749 |
| AVG. SOLD PRICE/SF | $1,019 | $909 | $724 |
