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 characterized as Very Weak, with a pending ratio of 0.19 indicating significantly limited absorption of available supply. This sub-0.25 ratio suggests substantial imbalance between demand and inventory levels.
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 2.8% year-over-year, while new listings have contracted by 3.7% over the same period. The median listing price has demonstrated a year-over-year decline of 4.1%, accompanied by a similar 4.3% decrease in the median price per square foot. Despite a modest 3.1% year-over-year increase in the pending ratio, its 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
In this environment, the pace of transactions is protracted, with a median of 114 days on market. High inventory pressure grants purchasers substantial leverage, requiring increased price discipline from sellers to achieve successful closings. The low demand absorption suggests limited urgency for transactional activity.
Within the higher price tiers, the average listing price increased by 4.3% year-over-year, while the median price declined by 4.1%, leading to an elevated average-to-median spread. This divergence suggests some softness in the luxury segment relative to the broader market, evidenced by the general decline in median price per square foot.
1,163 active listings represent the current floor, with new supply arriving at roughly 158 per month.
of active listings carry a price reduction, -0.8% from prior period.
Median price per square foot has moved -4.3% 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
- 19%
- Median Days on Market
- 114 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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