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Monroe County FL Housing Market Snippet

Monroe County, FL Housing Market

In November 2022, the median listing home price in Monroe County, FL, was $1.2M, trending up 25.8% year-over-year. The median listing home price per square foot was $826. The median home sold price was $857.5K.

Median Listing Home Price vs. Median Home Sold Price

Sale-to-List Price Ratio: 97%

Homes in Monroe County, FL sold for 3% below asking price on average in November 2022

Monroe County, FL is a buyer’s market in November 2022, which means that the supply of homes is greater than the demand for homes.

Median Days on Market: 83 Days

Looking forward

Numerous homes on the market are getting price cuts. We will have to see where this new year takes us. Prices have made solid gains over the last two years. On a positive note, the weather has been great for boating.

Gamal Riquelme in Key Largo

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