Is Upper Keys, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Upper Keys was a Seller's Market.
Key Takeaway
Upper Keys is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Upper Keys, FL cost?
Median Sold Price
$862,500
$644/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$2,500(+0.3%)
Key Takeaway
The sold price of homes in Upper Keys has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $350K | $339K | -3.1% |
| 2 Bedrooms | $515K | $684.5K | +32.9% |
| 3 Bedrooms | $827.5K | $885K | +6.9% |
| 4 Bedrooms | $1.3M | $1.6M | +22.2% |
| 5+ Bedrooms | $2.7M | $2.0M | -27.9% |
Median Sold Price Compared To Nearby Cities
| Key Largo | $728K | $824K | +13.2% |
| Upper Keys | $860K | $862.5K | 0.3% |
How many homes are available in Upper Keys, FL?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 96 | 105 | +9.4% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Keys, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 74 Days | 60 Days | -19.2% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Upper Keys has remained consistent over time.
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