Key West is a very special place known for being the Southernmost Point in the continental US and for its eccentric residents. The island lies close to the third largest barrier reef in the world, making it a prime destination for scuba divers and snorkeling. It’s not just the breathtaking sunsets or the historic beauty on every corner, Key West has an expanding arts community, award winning restaurants, active boating community and a relaxing lifestyle that makes it alluring to all. Those who visit this tropical oasis are quite often drawn to return, sometimes becoming Key West’s newest homeowners.
Recent Years/Current Trends
The median price of homes currently listed in Key West is $789,000. The year over year comparison average sales prices of Key West neighborhoods shows that overall sale prices are rising. This trend is encouraging for sellers interested in selling their home at or above market value.
Current Market Trends in Key West 2017-2018
Current Market Trends in the Lower Keys 2017-2018
What Homes Are Like Today
Bright is one word that describes many of the homes in the Key West area. From bright pink hues to bold blue tones, houses in the region definitely stand out. Many are inspired by nature; pale salmon pink, sandy tan shades and cerulean blue are commonly used. The Victorian gingerbread architecture is still displayed on homes, including hand-carved lattice and decorative porch brackets. Houses are designed for function/comfort as well as for style. A prime example is the homes with louvered shutters that protect against the heat and encourage air circulation inside the house. White picket fence are very common and give a pop of vibrant white to the brilliantly colored homes. You can have white picket fence people dream of!
Here are some recommended links:
Department of Housing – Homeowner Assistance
Department of Veteran’s Affairs
FIRM – Fair Insurance Rates In Monroe County
Florida Keys Aqueduct Authority
Key West Chamber of Commerce
Key West Happy Hour
Key West Info
Monroe County Information
Monroe County Tourist Development Council