Data Analysis
In October 2026, 147 Florida Keys listings expired, were withdrawn or were canceled against 135 closings, so 52% of listings leaving the market did so without a sale.
Our October Market Pulse for the Keys: 147 listings pulled vs 135 closed, up from 48% in September, with 7.4 months of supply and 42% of listings cut.
In October 2026, 147 Florida Keys listings expired, were withdrawn or were canceled, against 135 that closed. That means 52% of the listings that left the market in October left without a sale, up from 48% in September, when 142 listings were pulled against 153 closings, according to our Florida Keys Market Pulse. As of November 12, 42% of active listings had cut their price, supply stood at 7.4 months, and our Momentum Market Score read 12 out of 100, "Strong buyer advantage," up 2 points from September. All figures come from the Market Pulse, computed by Momentum from Florida Keys MLS records; information is deemed reliable but not guaranteed.
This piece looks at the listings that did not sell. Monthly price, pace and sales figures for Monroe County sit on the Florida Keys market data hub. Our same-home resale piece covers what the homes that did sell were worth.
What share of Florida Keys listings failed to sell in October?
The Market Pulse counts a listing as failed to sell when it leaves the market expired, withdrawn or canceled. In October that was 147 listings, set against 135 closings across all home types. Dividing 147 by the 282 total exits gives the 52% rate the report publishes.
Pulled listings outnumbered closings in October. In September the split was 142 pulled and 153 closed, a 48% rate. The month-to-month change was small on the pulled side, five more listings, and larger on the closed side, 18 fewer.
A pulled listing is not always a seller giving up. Some owners withdraw ahead of the winter season, some change agents, and some relist at a new price a few weeks later. Each one is still a home whose asking price did not find a buyer in the time the seller allowed.
How do Keys price cuts and supply compare?
The Keys have one of the deepest supply positions of any market we track. The Market Pulse counts 1,250 active residential listings as of November 12, 7.4 months of supply at the current sales pace, and 42% of active listings with at least one price cut.
The Market Score is built from four parts on a 0 to 100 scale, where higher readings favor sellers:
| Market Score part | October 2026 reading |
|---|---|
| Supply | 0 |
| Speed (days on market) | 0 |
| Share sold over list | 10 |
| Price cuts | 38 |
| Overall score | 12, Strong buyer advantage |
Source: Momentum Market Pulse, Florida Keys, October 2026 edition, computed by Momentum from Florida Keys MLS records. Deemed reliable but not guaranteed.
Houses that did sell took a median 98.5 days to go under contract and closed at 91.5% of their original asking price. Only 2.9% of single-family closings went over list. The gap between original and final list price is the cut a seller made before the sale.
Which price ranges hold the Keys inventory?
Homes at $1 million and up dominate both supply and sales. The Market Pulse price-band tables, which cover all residential listings, show:
| Price band | Active Nov 12 | New in October, still active | October closings | Closings Jan to Oct 2026 | Closings Jan to Oct 2025 |
|---|---|---|---|---|---|
| Under $300,000 | 17 | 4 | 1 | 38 | 35 |
| $300,000 to $399,999 | 50 | 15 | 5 | 90 | 72 |
| $400,000 to $499,999 | 66 | 13 | 7 | 82 | 70 |
| $500,000 to $749,999 | 239 | 38 | 31 | 345 | 366 |
| $750,000 to $999,999 | 222 | 41 | 21 | 294 | 303 |
| $1,000,000 and up | 656 | 164 | 74 | 807 | 671 |
Source: Momentum Market Pulse, Florida Keys, October 2026 edition. Deemed reliable but not guaranteed.
The $1 million and up band held 656 of the 1,250 active listings, 52.5%, and 164 of the 275 October listings still active on November 12. It also carried the year's sales growth: 807 closings from January through October against 671 a year earlier. The $500,000 to $999,999 range closed 639 homes this year against 669 last year.
What does the Market Pulse expect over the next six months?
The report's forecast is probability-weighted and follows a fixed rule built from the price cut share, days on market and supply. For the six months ahead it assigns a 60% chance that the share of listings with price cuts stays elevated, 30% that it holds flat and 10% that it falls back. For days on market it assigns 55% to a shorter pace, 30% to flat and 15% to a reversal. These are directional readings, not price targets.
What should Keys sellers and buyers take from a 52% pull rate?
For sellers, more than half of exits ending without a sale points to pricing from recent closings in the same key and the same home type. With 42% of active listings already cut and houses closing near 91.5% of original list, a first price set above the market tends to end in a reduction or a withdrawal. Our Keys price cuts and new listings piece has more on how sellers have adjusted.
For buyers, a high pull rate means some homes leave and come back later at a new price. Asking about a listing's history and watching withdrawn homes in a target area are both reasonable steps. The Key West, Marathon, Key Largo, Big Pine Key and Islamorada market pages carry local prices, and our homes under $1 million piece covers the entry side of the market. For comparison, the same measure ran at 37% on the Space Coast in October.
People also ask
What percentage of Florida Keys listings did not sell in October 2026? About 52%. The Momentum Market Pulse counted 147 Florida Keys listings that expired, were withdrawn or were canceled against 135 closings in October 2026, up from 48% in September.
How many Florida Keys listings have cut their price? The Market Pulse found that 42% of active Florida Keys listings had cut their price at least once as of November 12, 2026, across 1,250 active residential listings.
Is the Florida Keys a buyer's market? Our Momentum Market Score read 12 out of 100 for October 2026, labeled Strong buyer advantage, up from 10 in September. Supply stood at 7.4 months.
What price range has the most Florida Keys listings? Homes at $1 million and up. They made up 656 of 1,250 active listings on November 12, 2026, and 74 of 139 October closings in the Market Pulse price-band tables.
Limitations
The pull rate compares listings that left the market in October with closings in the same month; a home withdrawn in October may have been listed months earlier, and some pulled homes relist. The pull-rate closing count (135) and the price-band closing count (139) come from separate tables in the report and count slightly differently. Price-band tables include all residential listings, while days on market, the over-list share and the received-versus-list figure are single-family. Active counts are point-in-time as of the November 12, 2026 data pull. Forecast probabilities follow a fixed rule and are not predictions of a specific price. Information is deemed reliable but not guaranteed.
Sources
- Momentum Market Pulse, Florida Keys, October 2026 edition, Momentum Research report built from Florida Keys MLS records, generated November 12, 2026; every figure in this article is quoted from that report or the September 2026 edition.
- Florida Keys market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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