Property prices for sale in Key West (Florida)

The prices in real estate in Key West, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$1,497,590.67
Average price last 6 months
$1,060.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Key West has remained the same in the last 6 months. In July, the average price per sq.feet was $1,047. In August this price pretty much remained the same at a value of $997 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,022 to $1,034 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,028 to $1,125.5 during November, and December.

Average price

Based upon to the price in Key West (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $1,445,623. In August This price remains at $1,374,399. During the following two months (September, October) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,738,306 they are 60 % more affordable than the average price for Key West. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,862,225.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,036 / sq.feet, with an average $1,115 / sq.feet price in Key West. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,170 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,738,306 it is 48 % cheaper than the average price in Key West. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $1,122,200 it is 13 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $400 / sq.feet followed by "Land" priced at $542 / sq.feet. "Commercial" is the most costly type of property with a $1,450 / sq.feet cost followed by "House" with an average price of $1,109 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Key West
Number of properties used in region Florida
$1,738,306
$1,115
4,644
2,353,820
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value