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Key Royal Condominiums Home Values: What Homes Actually Sell For

Buying here? See Key Royal Condominiums homes for sale and the Key Royal Condominiums community guide (Naples).

Key Royal Condominiums (Naples, FL): 8 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$232,500
-6.2% vs prior year · window ending 2026-09-20
Median $/sqft
$244
8 recorded closings
Median days to sell
61
from list to contract-to-close record

In the current window, sellers accepted a median 89.9% of original asking; the median sale took 61 days (window ending 2026-09-20).

The 13-year recorded price history

20142026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$232,500$2446189.9%8
2025$248,000$2514092.3%11
2024$272,000$2615292.6%13
2023$290,000$2663195.9%17
2022$248,750$247399.2%18
2021$189,950$1721896.0%20
2020$148,000$1514891.9%12
2019$155,000$1575993.8%15
2018$153,500$1563295.2%15
2017$144,950$1424394.4%18
2016$147,500$1393096.8%21
2015$122,000$1221096.9%17
2014$93,000$942595.5%19

Over the recorded series, Key Royal Condominiums’s median sold price moved from $93,000 (2014) to $232,500 (12 months ending 2026-09-20) — +150% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Key Royal Condominiums, briefly

The recorded series starts in 2014 at $93,000. The 2020–22 run-up did what it did everywhere — Key Royal Condominiums’s median moved +60% from 2019 to 2022. Against the 2023 peak of $290,000, the current median stands at -20%. Annual sales volume here has ranged from 2 to 21 closings a year (10-yr average 14.7). With roughly 14.7 closings a year, Key Royal Condominiums’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

Where Key Royal Condominiums sales actually landed, 2024–2026

Of the 25 recorded Key Royal Condominiums closings since 2024, half landed between $230,000 and $272,000 (the middle two quartiles); the lowest recorded sale was $200,000 and the highest $323,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $225,000
3 (12%)
$225,000 – $250,000
11 (44%)
$250,000 – $275,000
5 (20%)
$275,000 – $300,000
2 (8%)
None and up
4 (16%)

What homes of your size have sold for in Key Royal Condominiums

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($255 vs $243) — less common, and usually a sign of newer or upgraded product at the top of the range.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
943–946 sq ft
$243$230,000$205,000 – $280,0008
Mid-size homes
946–1,020 sq ft
$249$243,125$200,000 – $272,0008
Larger homes
1,020–1,289 sq ft
$255$280,000$230,000 – $323,0009

What is on the market in Key Royal Condominiums right now

From the live MLS feed as of 2026-10-01: 9 active listings (plus 1 pending) asking from $219,888 to $349,000, median $225,000; 1 of 9 have been on the market over 60 days (median 25 days so far); the homes listed or recently sold were built between 2003 and 2004 (median 2003); none of the 8 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 16 ft). For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Key Royal Condominiums listings →

At Key Royal Condominiums’s $232,500 median and Collier County’s adopted 11.05 mills (FY2025-26), a home assessed at that price carries roughly $2,570 a year in property tax before exemptions, or about $2,130 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Collier County tax page.

Selling in Key Royal Condominiums right now: what the record says

Current asking prices run a median $239,000 against the $232,500 recorded sold median (+3%) — the gap between what sellers hope and what the record shows. Demand check: 30% of Key Royal Condominiums’s listings are under contract, against 29% for ZIP 34119 and 19% for Collier County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Key Royal Condominiums reads 11/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Key Royal Condominiums buyer will actually pay; the spread on any single home comes down to size, condition and timing.

What would YOUR Key Royal Condominiums home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How Key Royal Condominiums compares with its neighbors

Communities buyers shopping Key Royal Condominiums are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
Laurel Lakes$599,000$278267
Nottingham$375,000$2022133
Pebblebrooke Lakes$619,500$2694914
Ibis Cove$440,000$2854821

More Key Royal Condominiums: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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