Key West & The Lower Keys News & Listings:  March 19, 2018


Sponsored By:

Vic Musmanno, P.A.

Broker Associate ABR*, CRS**

Coldwell Banker Schmitt Real Estate

"Helping Visitors Become Neighbors"

2016 - 2017 Key West Top Selling Realtor

Visit for all Florida Keys real estate information


New Listings & Price Reductions
Key West

New Listings

Price Reductions


Lower Keys

New Listings

Price Reductions


602 Residential Properties Listed For Sale In Key West  & The Lower Keys (Key West To The 7 Mile Bridge):

Compared to 616 on Mar. 4, 557 on Feb. 2, 510 on Jan. 2, 2018, 501 on Dec. 4, 473 on Nov. 3, 468 on Oct. 7, 518 on Sept. 4, 567 on Aug. 3, 622 on July 1, 649 on Jun, 2, 763 on May 7, 748 on Apr. 3, 737 on Mar. 6, 708 on Feb. 3, 599 on Jan. 4, 2017, 542 on Dec.1, 524 on Nov. 2, 513 on Oct4. 5, 531 on Sept. 1, 526 on Aug. 1, 564 on Jul 6, 582 on Jun 1, 638 on May 4, 677 on Apr. 6, 691 on Mar. 3,  677 on Feb 6, 602 on Jan 1, 2016, 590 on Dec. 2, 559 on Nov. 4, 541 on Oct. 7, 541 on Sept. 2, 520 on Aug. 5, 537 on Jul. 1, 523 on Jun. 3, 564 on May 6, Apr. 101, 642 on Mar. 4, 637 on Feb. 4, 626 on Jan. 1, 2015.


Available Residential Properties By Area

Key West 356 Properties, from $195,000

Lower Keys: 244 Properties, from $98,000

Marathon Key & Surrounding Areas: 263 Properties, from $140,000

Upper Keys:  610 Properties, from $155,000


Key West Market Snapshot

55% Single Family Homes:  199

23% Condominiums:  83

9% Townhomes:  25

13% Multi-Unit Properties:  41


0 - $250k:  4 Properties

$250k -$500k: 52 Properties

$500k - $1m:  150 Properties

$1m - $1.5m:  58 Properties

$1.5m - $2m:  39 Properties

$2m+:  51 Properties


Lower Keys Market Snapshot (MM 6 - 40)

83% Single Family Homes:  194

2% Condominiums & Townhomes:  6

1% Multi-Unit Properties:  2

15% Mobile Homes:  40


0 - $250k:  27 Properties

$250k - $500k:  60 Properties

$500k - $1m:  106 Properties

$1m - $1.5m:  23 Properties

$1.5m - $2m:  13 Properties

$2m+:  16 Properties


February Sales Statistics

Key West34 residential properties sold totaling $27.9mClick Here

- 4 sold at or more than the list price

- 11 sold for all cash

- Average sales price of $822,206

- Average list price discount 6.7%


Lower Keys (mm 6 to 40):  31 residential properties sold totaling $20.1mClick Here

- 5 sold at or more than the list price

- 10 sold for all cash

- Average price of $544,289

- Average list price discount 9.4%


Elevate Your Key West Area Home Search ... More real time information is now available to you & entirely mobile device readyYou'll have the buyer advantage to be notified immediately when there are new listings & price reductions.  Our new real estate Multiple Listing Service (MLS) provider in the Key West area is the single most accurate source for on-line real estate information, as third party vendor sites like Zillow, Trulia & merely extract their information from other sites


For your custom subscription, please email with your specifications or simply Click Here

Feel free to contact me at any time, to discuss buying your new home in the Fabulous Florida Keys!  Visit for more Florida Keys real estate information.


Best Regards,




Vic Musmanno, P.A.
Certified Residential Specialist
Coldwell Banker Schmitt Real Estate
Key West, Florida
Ph: 305-294-0123
Fax: 305-768-0404
Toll Free: 800-598-7727, ext. 7457
"Helping Visitors Become Neighbors"

2016 - 2017 Key West Top Selling Realtor


Properties featured on this web site are not necessarily the listing of the web site host or his broker.  The intent of this information is to present to the public an accurate and concise representation of the available properties in the Key West & Florida Keys.  Information regarding these listings has been derived from the Key West Association of Realtors MLS.


* All data used for real estate sales statistics and other related activity was derived from the Florida Keys MLS.


*Only 2% of all real estate agents in the United States are certified by the Real Estate Buyer's Agent Council and National Association of Realtors as Accredited Buyer Representatives (ABR).  With over 1000 licensed real estate agents in the entire Florida Keys , only a select few  have earned this professional designation - and Vic Musmanno is one!  From the initial selection of properties, all the way through contract negotiations and settlement, you can now have an agent specifically committed to representing your best interests when buying a home.  Consumer advocacy groups have endorsed such representation, and licensing laws have been reworked to enable and encourage representation for THE BUYER.


**The National Association of Realtors Council of Residential Specialists awards the prestigious Certified Residential Specialist designation to recipients who demonstrate significant experience and volume of real estate transactions and successfully complete advanced courses in real estate practices.  Only 4% of all Realtors have earned this prestigious credential, and council members were involved in nearly 25% of all residential real estate transactions in the U.S.


***A buyer is eligible for this offer when registered with a Buyer's Representation Agreement with Vic Musmanno prior to purchase and buyer successfully closes on the property.  Offer may not be available if any referral or cooperating agents are involved, and may not be combined with other offers.