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 metro area is currently classified as Very Weak, primarily due to a pending ratio of 0.18. This metric indicates that demand absorption is severely lagging available supply.
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 3.9% over the past year, while new listings have shown a slight contraction of 2.0% year-over-year. The median listing price has declined by 7.3% year-over-year, alongside a 5.0% year-over-year reduction in median price per square foot. Despite a modest year-over-year increase of 4.1% in the pending ratio, its absolute level remains critically low, indicating persistent demand deficiency relative to inventory.
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, inventory pressure is notably elevated, extending the median days on market to 103, a 7.2% reduction year-over-year. The substantial imbalance between pending listings and active supply points to a significant lack of pace in transactions, necessitating price discipline from sellers.
The average listing price increased by 0.8% year-over-year, contrasting with a 7.3% year-over-year decline in the median listing price, suggesting some variability in price dynamics across different segments. The share of price-reduced listings is 15.0%, down 0.9% year-over-year, which could indicate a slight recalibration of initial pricing strategies in the higher tiers.
1,277 active listings represent the current floor, with new supply arriving at roughly 196 per month.
of active listings carry a price reduction, -0.9% from prior period.
Median price per square foot has moved -5.0% 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 8 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
- 103 days
- Inventory YoY
- +4%
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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