Key West-Key Largo, FL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Key West-Key Largo market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Key West-Key Largo, FL.
The Key West-Key Largo market is currently categorized as Very Weak, with a pending ratio of 0.18 indicating severe demand absorption lag relative to available supply. This metric is significantly below the threshold for even cooling market conditions.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Key West-Key Largo market right now.
Active listings have expanded by 3.4% year-over-year, reaching 1,226 units, while new listings also increased by 4.5% over the past year. Concurrently, the median listing price has seen a 6.0% decline over the past year. Despite a 4.6% year-over-year increase in the pending ratio, the absolute level remains exceptionally low.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.18, the current market dynamics suggest that available inventory significantly outpaces buyer absorption, leading to sustained pressure for price discipline. The slow pace of transactions requires substantial concessions for properties to clear the market, reflecting an environment where inventory pressure is pronounced.
The luxury segment shows signs of softness, with the average listing price of $2,359,945 notably higher than the median listing price of $1,175,000, suggesting an elevated average-to-median spread. The median price per square foot has also contracted by 4.2% year-over-year, which may indicate weakening in the upper tiers of the market.
1,226 active listings represent the current floor, with new supply arriving at roughly 184 per month.
of active listings carry a price reduction, +0.2% from prior period.
Median price per square foot has moved -4.2% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Key West-Key Largo, FL? Homes here are taking 5 days less to sell than last year.
Buyers have leverage in Key West-Key Largo, FL. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 18%
- Median Days on Market
- 110 days
- Inventory YoY
- +3%
In a buyer's market, strategy beats timing. See how your home scores in Key West-Key Largo, FL and what moves the number.
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